The price of Kaspa has spent the last day moving sideways, trading around $0.0909. The token attempted to break above $0.10 while buyers defended the $0.087–$0.090 zone.
Current Market Situation
At present, the price of Kaspa is $0.0909, with a 24-hour change of +0.33%. The trading volume is 148.8 million, with a projected turnover of around 1.5 billion today.
Chart and Volume Analysis
The chart indicates that the price of Kaspa is in a state of stagnation. After being rejected near $0.117 earlier this month, the token has been oscillating around the $0.090 mark. The support level is at $0.087, while the maximum potential level is $0.10. Traders are waiting for further movements without taking active actions.
Price Movement Scenarios
There are several scenarios for the price of Kaspa: 1. **Bullish Scenario:** A breakout above $0.095–$0.10 could lead to a rise towards $0.105 and $0.110. 2. **Neutral Scenario:** Continued sideways movement between $0.087 and $0.10. 3. **Bearish Scenario:** A decline below $0.087 could lead to a drop to $0.084 with a target of $0.080.
In the current situation, the price of Kaspa remains within a range, with the support level at $0.087 and the resistance level at $0.10. Predictions indicate potential sharp moves following a breakout of one of these levels.
