Kaspa has been making some noise lately,it’s currently trading at $0.08573, and it’s bouncing off its recent lows and pushing higher over the past week.
After testing intraday highs near $0.0919, Kaspa price failed to hold gains and has slipped back below $0.086.
The next few sessions could decide whether this recovery continues or fades back into the broader downtrend.
Let’s break it all down.
What We Got Right Yesterday
In yesterday’s prediction, we pointed out the $0.088–$0.090 zone as a key resistance area, and today’s chart respected it perfectly.
Kaspa price reached an intraday high of $0.0919 but quickly got rejected and dropped back to around $0.085.
We also mentioned that if bulls couldn’t break that level with volume, a pullback could be on the table. That’s exactly what’s starting to happen now, sellers are showing up again just as price reaches that trendline.
Kaspa Daily Overview (July 12)
Current Price: $0.0853
24h Change: -1.73%
9-Day SMA: $0.0793 (slightly rising)
Volume: Holding steady, but not breakout-worthy
Kaspa price is still trading above its 9-day moving average, which is a good sign for short-term momentum. But until it breaks above that descending orange trendline, the bigger picture still leans neutral at best.
What the Kaspa Chart Is Telling Us
Kaspa has been stuck under this trendline since mid-May. Today marked yet another rejection at that same level, that’s three failed attempts now.
Buyers have stepped up since the $0.070 bottom, but they need to push through this resistance if they want a real trend shift. Otherwise, it’s just another bounce in a bigger downtrend.
Source: TradingView.com
The candles from the past few days looked strong, but today’s wick and red close show hesitation. The fight between buyers and sellers is heating up.
Key Indicators (Daily Timeframe)
Indicator Value What it means RSI (14) 57.87 Bullish, but not overheated yet ADX (14) 34.92 Decent trend strength backing this move MACD (12,26) 0.000 Flat – no clear signal yet CCI (14) 278.96 Way overbought – caution zone ROC 13.79 Strong short-term momentum Bull/Bear Power 0.0181 Slight edge for bulls today
Summary: The momentum is mostly in the bulls’ favor, but the overbought CCI and flat MACD suggest we might be due for a pause or pullback.
Where Kaspa Could Go Next
Bullish Scenario:
We could see a move toward $0.10 or even $0.108. But it has to close above that level on volume, otherwise, it’s just another fakeout.
Read Also: Kaspa Holders Show Mixed Behavior, But This New Crypto Presale Draws Millions
Neutral Scenario
KAS price might keep bouncing around between $0.080 and $0.090 until something stronger kicks in, news, volume, or just more conviction.
Bearish Scenario:
Dropping below $0.080 opens the door for a revisit to the $0.072–$0.078 area, where support last held in late June.
Final Thoughts
Kaspa price has been on a solid run lately, but the key resistance zone is still putting up a fight. The trendline hasn’t broken yet, and buyers are running into some friction.
Short-term momentum looks decent, but without a strong breakout above $0.090, this could turn into a sideways grind, or even a reversal if support doesn’t hold.
For now, all eyes are on that trendline. Break it, and we’re in a different ballgame. Fail again, and we might be heading back down.
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The post Kaspa (KAS) Price Prediction for Today (July 12) appeared first on CaptainAltcoin.
