Kaspa (KAS) Drops Nearly 10% as Bearish Indicators Intensify Downtrend

Kaspa (KAS) has experienced a sharp decline in value on August 1, 2025, with the token dropping nearly 10% to trade at around $0.08662 [2]. Despite increased trading volume, sellers have maintained control, pushing the price below key support levels. The $0.091–$0.095 range—previously supportive—has now flipped into a resistance zone, while the RSI stands at 30.41, signaling weak momentum and nearing oversold conditions [1]. The 4-hour MACD and ADX indicators also confirm a strong bearish trend, with the ADX at 62.97 highlighting an extremely strong downtrend [1].

The breakdown from a rising trendline in mid-July marked the beginning of a correction. KAS has remained below the 30-period EMA, with every attempted rebound met with strong selling pressure. Analysts have identified $0.085 as a critical support level to watch, with a potential breakdown leading to further declines toward $0.080–$0.082 [1]. On the other hand, a recovery above $0.091 could trigger a short-term rally toward $0.097, though sustained momentum will depend on increased trading volume [1].

The broader market activity remains notable, with a 24-hour trading volume of $86.79 million as of August 1 [4]. The circulating supply stands at approximately 26.52 billion KAS, with a maximum supply cap at 28.7 billion tokens. Despite the bearish near-term outlook, some analysts remain cautiously optimistic. Bitget projects a gradual uptrend, predicting a price of $0.09435 by July 2025 and $0.09635 by December 2025 [8]. However, these are speculative forecasts and not based on current price action [8].

Historical data from Forbes highlights a 7-day high of $0.1070 and a 30-day high of $0.1183, with a peak of $0.2076 recorded over the past year [6]. CaptainAltcoin’s analysis further illustrates Kaspa’s potential for high volatility, noting that a $5,000 investment at $0.094 would yield over 53,000 KAS, offering significant upside if the price recovers [9].

Investors are advised to closely monitor the key resistance and support levels, as well as the technical indicators that continue to signal bearish control. Until a clear reversal pattern emerges, KAS is expected to remain in a consolidation phase or test lower support levels.

Source:

[1] Kaspa (KAS) Price Prediction for Today (August 1) (https://coinmarketcap.com/community/articles/688c4af7c8f70c45c7764668/)

[2] Kaspa (KAS) Price Prediction July 2025, 2026, 2030, 2040 (https://coingape.com/price-predictions/kaspa-kas-price-prediction/)

[4] Kaspa Price Today, KAS to USD Live Chart (https://tradersunion.com/currencies/price/kas-usd/)

[6] Kaspa (KAS) Price Today, News & Live Chart (https://www.forbes.com/digital-assets/assets/kaspa-kas/)

[8] Kaspa(KAS) Price Prediction (https://www.bitget.com/price/kaspa/price-prediction)

[9] $5000 Now in Kaspa or Solana? GROK Picks the Winner (https://captainaltcoin.com/5000-now-in-kaspa-or-solana-grok-picks-the-winner/)