Kaspa (KAS) Price Prediction for Today (August 8)

Kaspa price is still stuck in that familiar range, hovering just below the 100-day moving average and struggling to break out. The price is sitting at $0.08886 right now, not far from yesterday’s high of $0.090, but bulls just can’t seem to push it through.

Momentum is mixed, volume’s quiet, and price action is choppy. So the big question remains: will Kaspa finally clear $0.091, or are we heading back toward support again?

What We Got Right Yesterday

In yesterday’s prediction, we talked about how $0.090–$0.091 was the line in the sand for bulls. That still holds true, Kaspa price touched $0.090 but couldn’t close above it.

We also said that if $0.082 held, we’d likely stay in a sideways pattern between $0.082 and $0.090. And that’s exactly how things played out, no breakout, no breakdown, just more ranging.

Kaspa Daily Snapshot (August 8)

Current Price: $0.08886

24h Change: +1.06%

Volume: Stable but quiet

Kaspa price is still pinned under the 100-day SMA at $0.091, which has been a wall for the past week. On the other side, support around $0.080 is holding steady, backed by the strong demand zone between $0.065 and $0.080.

What the Kaspa Chart is Telling Us

The Kaspa chart shows that it has been bouncing between key levels since mid-July. After failing to hold above the 100-day SMA, the price dropped into the support zone, but buyers defended it well, especially around $0.070.

That red box between $0.065 and $0.080 has been a magnet for accumulation. KAS price keeps bouncing out of it, but without enough firepower to make a full breakout. If KAS can close above $0.091, the next stop could be $0.095 or even $0.10.

Source: TradingView

Right now, though, it’s all small candles and low volume, classic signs of indecision. Bulls need volume to step in, or we’re just going to keep chopping sideways.

Key Technical Indicators (Daily)

Indicator Value Signal MACD (12,26) 0 Bullish crossover forming – early signal ADX (14) 21.75 Weak trend – no strong direction right now CCI (14) -50.63 Light bearish pressure RSI (14) 48.30 Neutral – no strong buying or selling Ultimate Oscillator 51.95 Slight bullish lean Bull/Bear Power (13) -0.0036 Slight edge to sellers

Summary: Indicators are all over the place. MACD and the Ultimate Oscillator look a bit bullish, but ADX shows the trend is still weak. RSI and CCI are both neutral, leaning slightly bearish.

Kaspa Price Scenarios

Bullish Scenario:

If Kaspa can finally break above $0.091 with some real volume, we could see a push toward $0.095 and maybe even $0.10–$0.11.

Neutral Scenario:

If KAS price holds $0.082 and we can’t break above resistance, price likely stays in this range between $0.082 and $0.090 a little longer.

Bearish Scenario:

If KAS drops under $0.082, the next targets are $0.077, with lower support waiting at $0.070 and $0.065.

Bottom Line

Kaspa price is still in a tight range with neither bulls nor bears winning. Sideways chop is still the most likely result until we can get a decisive break above $0.091 or a fall below $0.082.

Keep an eye on volume and price action near those levels, it’ll tell you where this goes next.

Read Also: ChatGPT Compares Kaspa Infrastructure With Ethereum and Solana

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The post Kaspa (KAS) Price Prediction for Today (August 8) appeared first on CaptainAltcoin.