Kaspa is kicking off with some sideways action. Right now, KAS price is trading around $0.08418, up a little over 2% on the day.
The price has been stuck in a tight range for weeks, and all eyes are on the $0.081-$0.083 zone. That’s the key support level, and if it cracks, Kaspa could be heading lower toward the summer base.
What We Got Right Yesterday
In yesterday’s prediction, we pointed out that volume would likely stay light, and that’s exactly how it played out. Trading came in around 134M, with projected totals near 157M, a lot less than what we saw during the big summer rallies.
We also noted how open interest versus market cap was holding steady at 0.059, showing the market isn’t overloaded with leverage.
Longs came in at $1.24B against shorts of $1.19B, keeping things pretty balanced. That balance has kept Kaspa above $0.083, but if shorts start to stack up, that level could get tested hard.
What the Kaspa Chart Is Showing
Looking at the daily chart, the downtrend from the peak near $0.20 is still visible. Kaspa keeps printing lower highs, even though it bounced off the $0.052 low earlier this year.
Right now, the Kaspa price is stuck between $0.08 and $0.10. Buyers keep stepping in at support, but sellers have shut down every push near $0.095-$0.10.
If bulls defend $0.081 again, we could see another run toward $0.095 or even $0.12. But if $0.081 breaks, Kaspa could slide fast toward $0.052–$0.055.
Market Indicators
Volume is sitting at 137.8M with projections around 159.6M, much lighter than the spikes we saw during major rallies. That shows traders aren’t chasing moves right now.
On the derivatives side, long positions have been trimmed while shorts are steady at 1.19B. Open interest versus market cap is still at 0.059, showing participation is moderate without heavy leverage.
Put together, the numbers show a cautious market. Sellers have the momentum, but buyers are still holding the line at support.
Read Also: GPT’s Kaspa Price Prediction for September
Kaspa Short-Term Outlook for Today
The big level to watch today is $0.081-$0.083. If Kaspa holds here, it could bounce back toward $0.095–$0.10 before the day is over.
If that floor gives way, though, things could get ugly, with price slipping back toward the $0.052 July low. For now, Kaspa price is holding steady at $0.08418, and traders are waiting to see which side makes the next big move.
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