Kaspa is attempting to bounce after days of persistent downside pressure, currently trading at $0.06718. While buyers have stepped in near the $0.065 support zone, the price remains capped below a descending trendline that has limited every breakout attempt since early May.

The structure continues to favor sellers, as each short-term rally has resulted in a lower high. Despite a 3.11% intraday gain, bulls have yet to reclaim any critical resistance, and the broader trend remains bearish.

Let’s take a closer look at today’s setup.

What We Got Right Yesterday

Yesterday’s prediction outlined $0.068 as a level to watch closely. A daily close below it, we noted, could open the door to further losses toward $0.060 or lower. That scenario began to unfold, with KAS price slipping below $0.068 and testing the $0.065 area before a modest rebound.

We also flagged the neutral setup between $0.070 and $0.075 as likely to break down without volume support. That range has now failed, and the price is grinding lower. Volume remains light, and no breakout setup has formed.

Kaspa Daily Overview (June 22)

  • Current Price: $0.06718

  • 24h Change: +3.11%

  • 4H RSI (14): 43.9

  • Volume: Still weak, no bullish breakout volume

Kaspa price remains under the influence of a strong downtrend. The structure of lower highs and lower lows continues, and price has yet to challenge the falling resistance. Support around $0.064–$0.065 has held so far, but repeated retests may weaken it further.

What the Kaspa Price Chart Is Showing

The descending trendline, drawn from the early May highs, still defines the upper boundary of price action. It sits near $0.074–$0.075. Two recent rejections, on June 12 and June 17, confirmed that this resistance remains valid.

Candlestick structure shows weak closes and fading bullish attempts. Unless KAS price breaks above the trendline with high volume, the path of least resistance remains downward. A break below $0.064 could expose $0.060 and $0.058 support levels.

Source: TradingView.com Technical Indicators (Hourly Timeframe) Indicator Value Signal / Interpretation ADX (14) 39.978 Strong trend strength, trend turning upward MACD (12,26) -0.001 Momentum still bearish, lagging bounce CCI (14) 170.5123 Overbought, showing early bullish strength Ultimate Oscillator 53.382 Mild bullish momentum ROC 0.481 Slight upward move in progress Bull/Bear Power (13) 0.0015 Bulls gaining ground, but no dominance

Summary: Momentum is slightly higher, but confirmation is still lacking. MACD shows the trend has not reversed completely yet, while ADX and CCI show there is some possibility a breakout is being formed.

Kaspa Price Prediction Scenarios

Bullish Scenario:

If the price breaks above $0.075–$0.077 with strong volume, a move toward $0.090 could follow. No such breakout has occurred.

Neutral Scenario:

If $0.070 supports, KAS price can stay range-bound between $0.070 and $0.075 short-term.

Bearish Scenario:

A daily close below $0.064 can trigger fresh selling. Targets are at $0.060 and maybe $0.055 if the sellers keep pouring in.

Wrapping Up

Kaspa price bounce attempts off short-term support have generated a brief rally, but underlying market structure remains the same. Trend is still defined by a strong downtrend, and buyers still haven’t taken back resistance.

Until momentum picks up and price closes above $0.075, Kaspa is supposed to remain under pressure. A breakdown below $0.064 would confirm continuation of the bearish move.

Read Also: JasmyCoin Price Just Broke a Major Level: Another Big Dump Coming?

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The post Kaspa (KAS) Price Prediction for Today (June 22) appeared first on CaptainAltcoin.