Kaspa (KAS) Falls 7.31% as Price Consolidates After Failed $0.12 Breakout

Kaspa (KAS) is navigating a critical juncture in its price trajectory as of July 29, 2025, with technical indicators and market sentiment pointing to a consolidation phase after a brief rally earlier in the month. The cryptocurrency’s price currently stands at $0.0974, reflecting a 24-hour decline of 7.31% [1]. This retreat follows a failed attempt to break above the $0.12 resistance level, which analysts had previously identified as a key threshold to validate the upward momentum [1]. The 9-day simple moving average (SMA) at $0.103 has shifted from a support to a resistance barrier, while volume has weakened, signaling reduced buyer participation [1].

Technical analysis highlights mixed signals across key indicators. The 14-period RSI is at 53.6, suggesting neutrality with no dominant trend, while the ADX (44.1) indicates a strong ongoing bullish trend. The MACD (0.005) retains upward momentum, but the Ultimate Oscillator (0.0077) and CCI (27.9) point to bearish pressure and a lack of extreme conditions, respectively [1]. These divergent readings underscore the tug of war between bulls and bears as KAS hovers within the $0.093–$0.103 range [1].

The immediate price action hinges on the $0.093 support level, where buyers intervened during a previous pullback. A successful rebound from this zone could reignite a push toward $0.117, though volume will be critical to confirm such a move. Conversely, a breakdown below $0.093 risks dragging the price toward $0.085 or even the July base of $0.067 [1]. Analysts caution that the descending trendline from April to July remains a formidable obstacle, as it has repeatedly capped rallies despite intermittent buying interest [1].

Short-term forecasts vary among platforms. Bitget predicts a potential rise to $0.1054 by the end of the trading day, while CoinPriceForecast.com projects a more cautious $0.10 level [3][4]. These discrepancies reflect the market’s uncertainty during consolidation phases. Broader historical context shows KAS fluctuating between $0.0953 and $0.1183 over the past week, with a peak of $0.2076 in July 2024 [5]. This volatility underscores the asset’s susceptibility to speculative trading rather than concrete on-chain upgrades or macroeconomic catalysts [5].

The bullish scenario hinges on a breakout above $0.103 and $0.117, which could propel the price toward $0.125. However, this would require a surge in volume to signal renewed confidence. A neutral outlook assumes sideways movement within the $0.093–$0.103 range until a catalyst emerges. A bearish breakdown below $0.093, meanwhile, could trigger a descent to $0.085 or lower [1].

Market participants are advised to monitor the $0.1183 resistance level as a potential inflection point. A sustained move above this threshold could validate renewed buying interest, while a retest of the $0.093 support will determine whether the consolidation phase extends. The absence of high-volume institutional activity or fundamental upgrades in recent months means KAS’s trajectory remains heavily influenced by short-term speculation and broader crypto sector trends [5].

Sources:

[1] CoinMarketCap. Kaspa (KAS) Price Prediction For Today (July 29). https://coinmarketcap.com/community/articles/68883a30ee68857097c35302/

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

[4] CoinPriceForecast.com. KASPA PRICE PREDICTION 2025, 2026-2036. https://coinpriceforecast.com/kas-coin

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