Kaspa (KAS) Price Prediction for Today (July 31)

Kaspa price showed an interesting move over the past 24 hours. It started with a sharp drop of about 7%, but buyers stepped in and pushed the price back up. In the end, the loss was reduced to less than 2%.

Right now, the KAS price is trading around $0.094. It looks like it might be trying to climb toward $0.097. The key support level near $0.089 helped stop the fall yesterday and could still be important today if the price starts dropping again.

Kaspa Price Chart

Yesterday’s forecast said the price might fall to $0.085 if the sellers took full control. While the price did move down, it didn’t fall that far. It found support near $0.088 and bounced. That bounce could be a sign that buyers are trying to push the price up again.

Indicator Summary from PI 5-Hour Chart

Let’s now check what the 5-hour chart from Investing.com says through some key indicators.

Name Value Action RSI (14) 51.01 Neutral. There is no strong momentum in either direction. Stochastic (9,6) 87.629 Overbought. Price may face resistance soon. MACD (12,26) 0 Sell. Some weakness is still showing. ADX (14) 33.249 Buy. Trend strength is increasing. ATR (14) 0.0014 Low volatility. Price may not swing much. Ultimate Oscillator 57.056 Buy. Momentum is slightly in favor of buyers.

These indicators give a mixed signal. Some tools show buying pressure, while others still show signs of weakness. The RSI is in the middle, showing the market is not clearly moving up or down. This means the price might stay in a tight range unless something big changes.

Kaspa Price Prediction for Today

Based on the current chart and market activity, Kaspa is likely to move within a small range today unless something unexpected happens.

Bearish ScenarioIf sellers become active again, the price might fall toward the $0.089 support. If that breaks, the next level to watch would be around $0.085. That was part of yesterday’s forecast.

Neutral ScenarioIf the market stays calm, the price may trade between $0.091 and $0.095. This matches what the RSI and volatility indicators are showing. The market is not strongly moving either way.

Read Also: ChatGPT and GROK Predict XRP Price in August

Bullish ScenarioIf buyers return and push the price up, Kaspa could climb toward $0.097. If it breaks above that level, it might even test $0.10. That would need more strength and possibly higher trading volume.

What happens today will also depend on how Bitcoin and the wider crypto market behave. If the market improves, Kaspa could go up. If not, it might stay flat or drift lower.

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The post Kaspa (KAS) Price Prediction for Today (July 31) appeared first on CaptainAltcoin.