Kaspa's price remains above key support after bouncing from early August lows. The bullish structure has been intact since late June.
Current Market Situation
Currently, the price of Kaspa is $0.0946 with a 24-hour change of -0.84%. The price continues to be above the 30-period EMA at $0.094.
Chart and Indicators Analysis
On the 4-hour chart, Kaspa shows a healthy uptrend supported by multiple Break of Structure points. The current trend remains bullish as indicators suggest moderate growth.
Kaspa Price Predictions
There are three main scenarios for Kaspa's price: bullish, neutral, and bearish. The bullish scenario anticipates breaking through $0.10, while the bearish scenario expects a drop below $0.087, which may shift the short-term dynamics.
Kaspa continues to show bullish dynamics, but the $0.10 level remains a key barrier. Market conditions will depend on whether the price can hold above the 30-period EMA or fall below support.
