Kaspa (KAS) prices remain static, unlike other altcoins that are rising. This article reviews current market indicators and short-term forecasts.
Current Price Situation for KAS
Kaspa (KAS) is currently trading at around $0.0885, remaining near last week's level. Short-term rallies have not led to significant price trend changes.
KAS Chart Analysis
On the 4-hour chart, the price of Kaspa encounters resistance around $0.089-$0.09, with support near $0.072-$0.074. Each time the price attempts to break above $0.09, sellers push it back down. This sideways range has persisted since mid-August. Despite the bounce from the September low of $0.0727, no real reversal has occurred.
Short-Term Price Outlook for KAS
Given the current signals, Kaspa is likely to remain within the $0.08-$0.09 range. A daily close above $0.09 would mark the first step towards an increase to $0.10 or $0.11.
In the absence of significant trading and new open interest, KAS may continue to trend sideways while awaiting more substantial changes.
