Kaspa Token Price Stable at $0.0776 Up 3.05%

Kaspa (KAS) has maintained a steady price range between $0.060 and $0.080 over the past few weeks, following a significant drop of over 50% from its May highs near $0.16. The token has since stabilized and is currently moving sideways, with today's price action showing stability but no clear trend shift. At the time of writing, KAS is trading at $0.0776, up just over 3% for the day, and slightly above the 9-day simple moving average, which could be a small positive sign for bulls.

Yesterday's prediction noted that a move above $0.0775 on strong volume could push KAS toward $0.082 or $0.085. The price did manage to close slightly higher at $0.0776, right above the 9-day simple moving average, which is a small win for the bulls. Additionally, sideways action between $0.0735 and $0.0775 was expected if no major move showed up, and that’s pretty much how things played out, with the price staying quiet and respecting the range.

Kaspa's daily overview for July 9 shows a current price of $0.0776, a 24-hour change of +3.05%, and a 9-day simple moving average of $0.0763. The volume remains stable but quiet. Buyers have defended the bottom of the range near $0.062, but they haven’t managed to push it through resistance yet. The price continues to hover just under $0.080, waiting for a catalyst.

The bigger picture shows Kaspa moving from a steep downtrend into a slow and steady consolidation. There’s even a small rounded bottom starting to form, a possible sign of accumulation. If KAS price breaks above $0.080, there’s room to run toward $0.090 or even $0.10. However, if sellers step in again, KAS could easily revisit $0.065. Right now, the structure looks like it’s trying to form a bottom, but there’s no confirmation yet.

Technical indicators on the daily timeframe show mixed signals. The RSI (14) is at 49.92, indicating no strong momentum. The ADX (14) is at 22.43, suggesting a weak trend forming, leaning bullish. The MACD (12,26) shows a slight bearish crossover at -0.002. The CCI (14) is at 30.36, in neutral territory. The ROC is at 5.034, indicating positive, mild upward momentum. The Bull/Bear Power is at 0.0002, with bulls slightly in control. Overall, indicators are mixed, with some tilting bullish and others neutral, suggesting a market waiting for direction.

Looking ahead, if bulls take over and push KAS price above $0.080 with volume, we could see a move toward $0.090 or even $0.10. If nothing changes, expect more sideways chop between $0.065 and $0.080. If the price slips, watch for a dip back toward the lower support near $0.060. Kaspa price isn’t breaking out just yet, but it’s not falling either. It’s sitting in that in-between zone where momentum could shift either way. Until we see a clean move above $0.080, sideways action is probably the path forward. Keep an eye on volume and breakout levels, as they will tell the story from here.