Kaspa is under heavy selling pressure today after a sharp breakdown from its recent rally. The token has dropped nearly 10% over the past day, despite a 10% increase in trading volume. At writing, KAS price is sitting around $0.08662, testing a key support area where buyers are trying to hold the line.
Let’s take a closer look at today’s setup.
📅 What We Got Right Yesterday
Yesterday, we highlighted $0.089 as the level to watch. We said that if sellers stayed active, KAS price could slide toward $0.085.
That’s exactly how things played out. The token broke below $0.089, touched the $0.086 zone, and is now struggling to get back above the old support. The previous range of $0.091–$0.095 has flipped into resistance, and momentum is still weak.
📊 Kaspa at a Glance (August 1)
- Current Price: $0.08662
- 24h Change: -9.94%
- 4H RSI: 30.41
- Volume: Higher than yesterday
Kaspa price is sitting near the bottom of its recent range after breaking its rising trendline. That $0.092–$0.094 zone that used to hold it up is now capping the price. If $0.085 gives way, the next safety net sits at $0.080–$0.082.
🔍 What the KAS Chart Is Telling Us
The 4H chart shows the full story: a big run-up to $0.122 in mid-July, followed by a trendline break and a clean move lower. KAS price has been stuck under the 30-period EMA ever since, and every attempt to bounce has been met with selling.
Right now, the structure is classic bearish, lower highs, lower lows, and strong red candles. If buyers don’t step in soon, KAS could drift down toward that $0.082 zone. Any bounce is likely to hit resistance around $0.091–$0.094.
📈 Technical Indicators (Hourly Timeframe)
| Indicator | Value | Signal / Interpretation |
| MACD (12,26) | -0.002 | Bearish momentum persists |
| ADX (14) | 62.97 | Extremely strong downtrend |
| CCI (14) | -93.33 | Bearish, near oversold |
| RSI (14) | 30.41 | Weak momentum, near oversold |
| ROC | -6.45 | Accelerating downside pressure |
| Bull/Bear Power (13) | -0.0026 | Bears remain in full control |
All the indicators are suggestive of heavy selling pressure. Momentum is negative, trend is strong, and bears are very much in control. Oversold readings suggest the likelihood of a short-term bounce, but there is no clear reversal pattern shaping up as of now.
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🔮 Kaspa Price Prediction Scenarios
Bullish Scenario:
If KAS recovers and clears $0.091, the price can reach $0.097. A move above there could open up $0.10, but it will need more volume.
Neutral Scenario:
If $0.085 is sustained, the KAS price can trade sideways between $0.085 and $0.091 to form a short-term consolidation before the next move.
Bearish Scenario:
When it goes below $0.085, KAS can drop to $0.082 or even $0.080, which aligns with early July support levels.
🧠 Wrapping Up
Kaspa price is in a clear short-term downtrend, and sellers are still in control. For now, $0.085 is the level to watch. Short of a breakout above $0.091, the price is most likely going to keep trading around the lows or test lower support levels.
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