Kaspa Price Surges 3.64% in 24 Hours Amid Bullish Trend

Kaspa, a cryptocurrency that has been gaining traction in the digital asset market, has shown significant price movements over the past few weeks. The price of Kaspa has been relatively stable, fluctuating within a range of $0.060 and $0.080. However, on July 10, 2025, the price of Kaspa is predicted to be $0.0801, with a maximum of $0.0857 and a minimum of $0.0745. This prediction is based on the current market trends and technical analysis, which suggests that Kaspa is ready to continue its uptrend after nearly two weeks of correction and sideways movement.

The technical chart on the weekly time frame shows a bullish engulfing pattern, which indicates strong momentum favoring buyers. This pattern suggests that Kaspa could revisit its recently set all-time high of $0.2075770078 and provide better confirmation of the bull run market. However, it is important to note that the market sentiments for Kaspa are mixed, with a 50% bullish and 50% bearish bias. The price of Kaspa has been on an upward trajectory over the past few days, with a 3.64% increase in the last 24 hours and a 3.18% increase over the past seven days. Despite this, the price of Kaspa has decreased by 11.99% over the past 30 days, which suggests that there may be some resistance to further price increases.

Over the past 17 days, Kaspa's price has been stuck in a tight range, moving sideways between $0.072 and $0.08. However, on Wednesday, Kaspa's price finally broke above this consolidation range, closing higher and suggesting a potential trend shift is underway. The next step is confirmation. If today’s price action sees KAS successfully retesting the $0.08 zone and bouncing, then we could be looking at a rally toward $0.09 and possibly $0.108 in the short term. However, if the retest fails and price dips back into the previous range, it may mean more days of sideways movement.

According to the key technical indicators, the RSI (14) shows moderate strength, indicating that it’s not overbought yet, so there’s still room for an upward move. The STOCH (9,6) is right in the middle, meaning momentum is currently balanced. No strong push yet. The MACD (12,26) is slightly above zero, suggesting mild bullish momentum. A high ADX like this signals a strong trend is forming, but it doesn’t tell direction. Low ATR means volatility is currently subdued, so price moves may not be dramatic. The Ultimate Oscillator shows mild buying pressure, but it’s still a cautious reading. These indicators combined suggest Kaspa may be entering a bullish phase, but it needs a bit more confirmation from price action.

Looking at the moving averages gives more context about short and long-term trends. Both the 5-day and 10-day simple moving averages are giving sell signals, meaning KAS price is currently trading below these short-term lines. However, the exponential MA for 10 days has flipped to a buy, showing a subtle shift in momentum. More clearly, both the 20-day and 50-day moving averages are flashing buy signals. This means that from a medium-term perspective, the trend is turning positive. When short-term resistance breaks and aligns with medium-term support, it often leads to sustained rallies. So, while the very short-term trend is still undecided, the longer timeframes suggest a strengthening bullish structure is forming for Kaspa.

In summary, today’s prediction hinges on the outcome of the retest. A bounce from $0.08 could open the door for bullish continuation, while a drop back inside the range might delay the rally. The overall trend for Kaspa appears to be bullish, with the potential for further price increases in the coming days and weeks. Investors should keep an eye on the market trends and technical indicators to make informed decisions about their investments in Kaspa.