Kaspa (KAS) is showing an attempt of a minor rebound after falling to a multi-week low. The current price remains below the key resistance level.
Current Price Overview
The current price of KAS is around $0.065. After falling to $0.059, the price has recovered slightly but remains below the descending trendline that has rejected all upside attempts since May. Despite this, no confirmed breakout has occurred, and the current recovery may be corrective unless buyers manage to push above the $0.068–$0.070 resistance zone.
Technical Indicators
Current indicators show mixed signals. The ADX indicates a strong trend, while the MACD remains neutral and slightly bearish. The CCI shows developing bullish momentum, and the Ultimate Oscillator indicates building buying pressure. However, weak price action and limited momentum signal uncertainty in the market.
Kaspa Price Prediction
There are several scenarios for forecasting the price of Kaspa. A bullish scenario suggests a breakout above $0.070–$0.074 with strong volume, which could lead to a move towards $0.090. A neutral scenario indicates price consolidation between $0.066 and $0.070. A bearish scenario states that a daily close below $0.061 could trigger further downside with support levels at $0.055 or even $0.050.
Kaspa (KAS) continues to attempt recovery but remains below key resistance levels. To avoid further selling pressure, it needs to break above the $0.068 level.
