- Kaspa trades in a tight range with $0.087 support and $0.10 resistance as traders await a breakout with strong volume confirmation.
- Neutral RSI and shifting MACD signals reflect indecision while open interest and liquidity hint at a looming decisive price move soon.
- A push above $0.10 may fuel gains toward $0.105–$0.11 while a fall under $0.087 risks a drop back to the $0.080 level.
Kaspa’s price action has entered a decisive stage as the KASUSDT pair trades within a narrow range. At press time, KAS holds around $0.08930 after a modest 1.03% daily gain.
Crypto analyst Crypto Pump king closely watches support at $0.08700 and resistance near $0.09500–$0.10000. This consolidation comes after weeks of volatility that shaped both strong selloffs and sharp recoveries. Hence, the market now waits for a trigger that could send KAS in either direction.
Late July saw the cryptocurrency lose momentum, falling from highs of $0.10400 to a low of $0.07995 in early August. Due to the market’s widespread pessimistic mood, the selloff drew a lot of volume.
Source: Crypto Pump king
But buyers intervened at the $0.08000 mark, igniting a rally that saw prices return to $0.09600 by the middle of August. This recovery implied that KAS had discovered a solid area of support.
Consolidation Around Key Levels
As per the chart, KAS also retreated after testing resistance, falling close to $0.08500 as selling volume escalated. As a result, a trading range between $0.08500 and $0.09300 developed.
The market is moving sideways with no clear winner between buyers and sellers. Trading volume is only 12.24M, which is lower than the expected 18.01M, showing that traders are not very confident right now.
Open interest stands at 475.11M while the 24-hour range spans 742.79M, both indicating strong market participation. Besides, these metrics confirm that liquidity remains sufficient for large moves once a breakout occurs.
RSI values near 47–51 suggest neutral momentum across multiple timeframes, while the MACD indicator shows alternating signals, showing the lack of clear direction.
Market Outlook and Breakout Scenarios
Kaspa’s near-term outlook depends on the period this range holds. If KAS breaks above $0.10000, expect upside targets between $0.10500 and $0.11000.
However, a breakdown below $0.08700 could send prices back to $0.08000, erasing recent gains. Additionally, the market needs stronger volume confirmation to support whichever path emerges.
This week’s sessions may prove critical for Kaspa’s next trend. For now, the consolidation reflects balance, but history suggests that such tight ranges rarely last long.
