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Kaspa (KAS) enters August 29, 2025, in a critical phase of consolidation, with its price hovering around $0.08837 within a defined range of $0.082 to $0.090 [1]. This sideways movement reflects a tug-of-war between buyers defending the lower end of the range and sellers capping upward momentum. The 24-hour trading volume remains subdued compared to earlier-year rallies, suggesting traders are awaiting a catalyst to break the stalemate [1].
The Relative Strength Index (RSI) for KAS stands at 46.71 as of August 2025, straddling the neutral-to-bearish threshold [2]. Meanwhile, the Moving Average Convergence Divergence (MACD) at -0.001 reinforces bearish momentum, with the histogram dipping below the zero line [2]. These metrics align with a broader bearish pattern, as the price remains below key moving averages: the 50-day SMA at $0.0921 and the 200-day SMA at $0.1033 [4]. A breakdown below $0.082 could trigger a cascade to $0.080–$0.075, with further risks of a 50% decline to $0.052–$0.055 [1].
The Fear & Greed Index for KAS sits at 50 (neutral) as of August 29, 2025, reflecting cautious optimism amid recent corrections [2]. However, miner sell-offs and declining mining profitability are exerting downward pressure, as operators shift focus to more lucrative assets like
and TAO [2]. This dynamic is compounded by the absence of a Binance listing, which has limited liquidity and institutional adoption [3].Conversely, bullish catalysts exist. A symmetrical triangle pattern and a potential golden cross (50-day SMA crossing above the 200-day SMA) could drive a breakout above $0.092 [3]. A confirmed close above this level with strong volume might target $0.105–$0.110, while a breakdown below $0.085 risks a 20% decline [3].
For short-term traders, the immediate focus should be on the $0.082 support and $0.093–$0.095 resistance. A breakout above the latter with significant volume could unlock a rally toward $0.100–$0.103, while a breakdown below $0.082 would validate bearish momentum [1]. Investors should also monitor the 200-day SMA as a psychological benchmark for long-term sentiment [4].
The ecosystem’s mixed signals—such as the Casplex L2 launch and SwissBorg listing—add fiat on-ramps but fail to offset the lack of major exchange listings [3]. This duality creates a volatile environment where technical levels and macroeconomic factors (e.g., trade war impacts) will likely dictate near-term outcomes [1].
Kaspa’s short-term trajectory hinges on its ability to break out of the $0.082–$0.090 range. While bearish indicators dominate, the potential for a bullish reversal exists if key resistance levels are breached with strong volume. Investors must remain vigilant, balancing technical analysis with ecosystem developments to navigate this pivotal phase.
**Source:[1] Kaspa (KAS) Price Prediction For Today, August 29 [https://captainaltcoin.com/kaspa-kas-price-prediction-for-today-august-29/][2] Kaspa (KAS) Price Prediction and Strategic Entry/Exit Points [https://www.ainvest.com/news/kaspa-kas-price-prediction-strategic-entry-exit-points-august-22-2025-navigating-bearish-signals-volatile-market-2508/][3] Is Kaspa (KAS) Poised for a Bullish Reversal in Q3 2025? [https://www.ainvest.com/news/kaspa-kas-poised-bullish-reversal-q3-2025-2508/][4] Kaspa (KAS) Price Prediction 2025, 2026-2030 [https://coincodex.com/crypto/kaspa/price-prediction/]
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