Kaspa has been stuck in a frustrating sideways zone for weeks, bouncing between short-lived breakouts and quick rejections. As the new week kicks off, traders are closely watching the $0.075 level to see whether bulls have any real strength left – or if this is just another pause before another leg lower.
Let’s break down the current technical setup to get a better sense of what’s next.
Kaspa Chart Overview
Wee had a look at the 4-hour chart, and it’s clear that Kaspa remains trapped below its 200-day moving average, which is currently hovering around $0.0948. That long-term resistance has been untouched for nearly two months now, and the KAS price hasn’t managed a close above it since early May.
A large descending channel, drawn from early 2024 highs, still dominates the structure. Every attempt to break out of this pattern has been rejected. Short-term bounces tend to run into resistance between $0.085 and $0.090 before fading. The most recent bounce, from the June low around $0.06, has now stalled just under $0.078.
This price compression below key moving averages signals indecision – or accumulation. But unless something changes, it still leans bearish.
Weekly Technical Indicators
Let’s now zoom out and look at what some of the key weekly indicators are telling us.
Indicator Value Interpretation MACD -0.013 Bearish momentum remains in play CCI -50.6096 Slightly oversold, but not extreme ATR 0.0191 High recent volatility, range-bound action Ultimate Oscillator 41.425 Neutral zone, no strong momentum ROC (Rate of Change) 20.779 Mild upside bounce from June’s local bottom
Most of these indicators point to one thing: we’re not in a trending move yet. Momentum is weak, volatility is still present, and the bounce off $0.06 has not flipped the broader structure bullish.
The MACD staying negative shows that any bullish scenario is not yet confirmed. Meanwhile, the CCI near -50 signals there’s still some selling pressure, but it’s not yet at panic levels.
Kaspa Price Prediction (July 7–13)
So what does all this mean for price action this week?
Bearish Scenario:If KAS fails to hold above $0.075 and breaks back below $0.072, a move back toward the $0.065 support zone seems likely. Further downside could target $0.060 again, especially if Bitcoin turns bearish.
Realistic Scenario:Sideways movement continues between $0.073 and $0.080. The price may test $0.081–$0.083, but unless volume picks up or BTC rallies, it’s unlikely we see a breakout.
Bullish Scenario:A clean breakout above $0.085 could flip momentum and open up the path to $0.095 and eventually $0.10. But for that to happen, bulls need to reclaim the 200-day MA with confidence – something they’ve failed to do since May.
Read also: Here’s Kaspa Price If KAS Reaches Cardano’s Market Cap
Wrapping Up
Right now, Kaspa still hasn’t broken out of its long-term pattern. While some signs of strength are there, the bulls haven’t followed through in weeks. This week may just extend the chop unless Bitcoin triggers a broader market rally.
But if Kaspa does break $0.085 with strong volume, the chart changes quickly. For now, patience is key.
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The post Kaspa (KAS) Price Prediction for This Week (July 7 – 13) appeared first on CaptainAltcoin.
