This week, traders are closely monitoring the $0.075 level as Kaspa remains in a sideways trend.
Kaspa Chart Overview
Kaspa has been stuck in a sideways zone, bouncing between short-lived breakouts and quick rejections. The 4-hour chart shows that it is currently trapped below its 200-day moving average, which is hovering around $0.0948. This long-term resistance has been untouched for nearly two months, and the KAS price hasn’t managed a close above it since early May. A large descending channel, drawn from early 2024 highs, still dominates the structure. Every attempt to break out of this pattern has been rejected. The most recent bounce, from the June low around $0.06, has now stalled just under $0.078.
Weekly Technical Indicators
Let’s now zoom out and look at what some of the key weekly indicators are telling us.
| Indicator | Value | Interpretation | | --- | --- | --- | | **MACD** | -0.013 | Bearish momentum remains in play | | **CCI** | -50.6096 | Slightly oversold, but not extreme | | **ATR** | 0.0191 | High recent volatility, range-bound action | | **Ultimate Oscillator** | 41.425 | Neutral zone, no strong momentum | | **ROC (Rate of Change)** | 20.779 | Mild upside bounce from June’s local bottom.
Kaspa Price Prediction for the Week
What does all this mean for price action this week?
**Bearish Scenario:** If KAS fails to hold above $0.075 and breaks back below $0.072, a move back toward the $0.065 support zone seems likely. Further downside could target $0.060, especially if Bitcoin turns bearish. **Realistic Scenario:** Sideways movement continues between $0.073 and $0.080. The price may test $0.081–$0.083, but unless volume picks up or BTC rallies, it’s unlikely we see a breakout. **Bullish Scenario:** A clean breakout above $0.085 could flip momentum and open up the path to $0.095 and eventually $0.10. But for that to happen, bulls need to reclaim the 200-day MA with confidence – something they’ve failed to do since May.
Kaspa still hasn’t broken out of its long-term pattern. While some signs of strength are there, the bulls haven’t followed through in weeks. This week may just extend the chop unless Bitcoin triggers a broader market rally.
