Kaspa Drops 20% in June Amid Bearish Trend

Kaspa (KAS) has faced a challenging price trajectory over the past few weeks, struggling to reclaim key resistance levels despite broader market stability. The cryptocurrency started June around $0.096 but quickly entered a steep downtrend, trading below $0.08 by mid-June. Throughout the month, KAS dropped nearly 20%, ranging between $0.075 and $0.085, which stands out as underperformance compared to the broader market.

Technical analysis of the KAS/USDT chart reveals that Kaspa is still struggling below the 200-day moving average, which currently sits at $0.096. The downtrend from early June continues to press downward, with some sideways accumulation but no clear breakout confirmation. There were small bullish attempts around June 25–28, but these failed to push KAS above the $0.08–$0.081 zone, which acts as short-term resistance. Support seems to be building in the $0.072–$0.074 area, but revisiting these levels could open the door to another leg down.

Technical indicators on the monthly timeframe show no strong momentum in either direction, with a slight bearish bias. The ADX (14) indicates a trend gaining strength with a bearish bias, while the CCI (14) suggests a slightly bullish or neutral position. The Ultimate Oscillator shows mild bearish pressure, and the ROC indicates low positive momentum. The Bull/Bear Power (13) shows weak bearish control, suggesting that the trend is likely still downwards.

For July, two realistic scenarios are possible. In the bearish scenario, if Bitcoin stays flat or dips, Kaspa is at risk of losing its $0.072–$0.074 support. If this support cracks, the price could slide toward $0.065 or even revisit the May low around $0.06. With no strong demand showing on the charts and indicators leaning bearish, this scenario feels more probable. In the bullish scenario, if KAS breaks above $0.081 and reclaims $0.085, it could flip short-term sentiment, potentially moving toward the 200-day MA at $0.096. However, this would require serious volume and market support, which is not currently evident.

According to the analyst's forecast, Kaspa is anticipated to experience a bearish trend in July 2025, with the price forecasted to drop by 24.74% and reach $0.059331 by July 30, 2025. This prediction is based on current technical indicators, which show a bearish sentiment. The short-term price targets for Kaspa in July 2025 show a mixed outlook, with the price expected to reach $0.07884 on July 1, 2025, representing a 1.32% increase from the current price. However, the price is forecasted to decline to $0.070831 on July 2, 2025, and continue to drop to $0.060791 by July 5, 2025. This downward trend is expected to continue throughout the month, with the price reaching a low of $0.055386 by the end of July.

The monthly price range for Kaspa in July 2025 is projected to be between $0.055386 and $0.07884, with an average monthly price of $0.0628. Investors could experience a potential gain of 28.82% if they short KAS at current prices. The bearish trend in July is expected to be followed by a bullish momentum in August, with the price predicted to increase to $0.062165. This trend is expected to continue into September, with the price reaching $0.06103. However, the price is forecasted to decline again in October, with an average monthly value of $0.057753. The price is expected to recover in November, with an average monthly value of $0.059038, and finish the year by changing hands in a trading channel between $0.059753 and $0.064798 in December.

The long-term outlook for Kaspa is bullish, with the price expected to increase significantly over the next several years. In 2026, Kaspa is forecasted to trade in a price channel between $0.062196 and $0.214246, with an average price of $0.124933. The most bullish month for KAS in 2026 is expected to be April, when the currency is anticipated to trade 175.33% higher than today. In 2027, Kaspa is expected to hit a high point of $0.142477 in January and reach a low of $0.074528 in September, with an average price of $0.100689. The outlook for 2028 indicates a possible uptrend, with an expected price of $0.089467, representing a 14.97% increase from the current price. In 2029, Kaspa’s value is forecasted to increase, potentially reaching an average price of $0.145994. The price is predicted to fluctuate between a low of $0.1037 in January and a high of $0.327852 in December. In 2030, Kaspa is expected to experience significant growth, with the price fluctuating between $0.163248 and $0.312566, and a potential ROI of 301.68%.

In summary, Kaspa's price performance in June was marked by a steep downtrend, with the cryptocurrency struggling to reclaim key resistance levels. Technical indicators suggest a bearish bias, with no strong momentum in either direction. For July, a bearish scenario is more probable, with the price potentially sliding toward $0.065 or even revisiting the May low around $0.06. The long-term outlook for Kaspa remains bullish, with significant price increases expected over the next several years. However, for now, Kaspa looks range-bound and weak, and investors may want to stay on the sidelines until there is a clear catalyst or strong altcoin recovery.