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Kaspa (KAS) Price Overview and Predictions for August 7

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by Giorgi Kostiuk

3 days ago


The price of the cryptocurrency Kaspa (KAS) shows stability after a sharp pullback, remaining between support and short-term resistance. This article presents the current quotes and technical analysis.

Current Price and Changes

As of this writing, KAS is priced around $0.08794, a 1.32% increase compared to the previous day. The cryptocurrency is holding at the support level near $0.082, staying in a neutral zone between $0.082 and $0.090.

Technical Analysis

Charts indicate that KAS is following an uptrend established since mid-June. Each time the price approaches the trendline, it bounces back. The current significant level is the range of $0.0885–$0.0890, with a breakout possibly leading to rises up to $0.093 and $0.095.

Future Predictions

The potential scenarios for KAS are:

**Bullish Scenario:** If the price breaks above $0.090, there could be increases to $0.095 and possibly $0.10–$0.11.

**Neutral Scenario:** If KAS stays above $0.082, investors may witness sideways movement within the $0.082-$0.090 range.

**Bearish Scenario:** Should the price drop below $0.082, there’s a risk of declining to $0.077 or even $0.070.

The price of Kaspa (KAS) remains at the edge between an upward trend and critical levels. Current technical indicators provide mixed signals, and further movement may depend on breakouts of key levels in the coming days.

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