Kaspa, under market pressure, is beginning to show signs of recovery. The token's price has shown slight growth in recent weeks, drawing traders' interest.
Current Situation Overview of Kaspa
Kaspa's price has risen by 3% over the week, trading above $0.075, although trading volume remains low. Increased speculative interest and positive funding rates among traders are driving activity around the asset.
Kaspa Chart Analysis
Recent performance on the chart indicates that Kaspa is attempting to stabilize above a critical support zone. The chart shows a downward trend with attempts to hold above $0.072. If the price dips below this level, support will be found between $0.055 and $0.060.
Kaspa Price Prediction Scenarios
There are several price scenarios for Kaspa: a bullish scenario if it breaks above $0.080 could see it rise to $0.10 - $0.11; a neutral scenario may lead to sideways movement between $0.072 and $0.080; a bearish scenario pushes the price back toward the $0.060-$0.055 range.
Kaspa is trying to hold on to a key support zone after months of selling. Current signals indicate that traders are becoming more active, but overcoming the $0.080 level is necessary for sustainable growth.
