How High Can Kaspa (KAS) Price Go This Week?

In our last KAS weekly prediction, we gave three possible paths for Kaspa. One: defend $0.0265–$0.0270, break $0.0300, and run to $0.0325, $0.0350, or even $0.041. Two: stay stuck between $0.0265 and $0.0295. Three: lose $0.0265 and drop to $0.0255 or $0.0240.

So the Kaspa price mostly followed the middle one. Sellers kept it under $0.0300, and that breakout never came. Right now, KAS is up just 0.25% at $0.02657, and trading volume dropped 30%.

That puts Kaspa at a crossroads this week. Can buyers turn this little bounce into something real? Or does low volume keep the KAS price trapped below resistance?

Catalysts Driving the Kaspa Price This New Week

Mining activity could provide a modest tailwind. BinancePool released a KAS mining guide on August 7 after launching zero pool fees on August 5, with the promotion running until November 5. Lower mining costs could bring more participants into the network and support hash power, though sustained participation after the promotion will matter.

Community sentiment is also strongly bullish. Back on August 5, Kaspa beat out Pi Network in CoinMarketCap’s community sentiment poll. Ninety percent and a half of voters were feeling good about it. That optimism ties back to the June 30 Toccata hard fork, which turned Kaspa into a programmable network, now it can handle DeFi apps and the like.

Network fundamentals offer another data point. Kaspa’s hashrate has rebounded after falling over the past year, helped by lower mining difficulty bringing miners back. A stronger hashrate improves proof-of-work security, but the key question is whether the recovery continues and whether mining power remains well distributed.

What Is Kaspa Chart Showing?

We pulled up the chart, and the bigger picture still leans bearish. From late May to early August, the Kaspa price dropped from above $0.0350 down to about $0.0250, making lower highs and lower lows along the way. The recent bounce pushed KAS back to $0.0266, but it hasn’t broken through $0.0270 yet.

Buyers have a little more energy now. The RSI is 56.00, above its 53.11 average and over the 50 line. That gives the bulls a small edge for now, but it’s not overheated, so there’s still room to run if more buyers show up.

The Ultimate Oscillator is 41.65, under 50. So while buying has gotten a bit better, it’s not strong enough to call a true turnaround. And with volume down 30%, any move above resistance is harder to trust without more people jumping in.

The levels are simple. Support at $0.0265, then $0.0255 and $0.0240. First roadblock up top is $0.0270, then $0.0295–$0.0300. If the daily candle closes above $0.0300, that could clear the way to $0.0325 and $0.0350.

Related Kaspa News: Kaspa (KAS) Price Weakness May Be Hiding This Bigger Bullish Setup

Where Will the Kaspa Price Go This Week?

If KAS holds $0.0265 and breaks above $0.0300, it could run to $0.0325. And if buyers push past $0.0350 with real volume behind it, $0.041 becomes possible.

More likely, though, the KAS price stays stuck between $0.0265 and $0.0295 for now. With volume down 30% and the price still under $0.0300, buyers probably need more proof before they go all in.

But if $0.0265 falls, things turn bad. Then we could see $0.0255, and maybe $0.0240 after that. That would keep the bigger downtrend alive and put pressure on this whole bounce.

Frequently Asked Questions

What is the Kaspa price prediction for this week

The KAS price could remain between $0.0265 and $0.0300 if buyers continue defending support. A break above $0.0300 could open targets at $0.0325 and $0.0350, while losing $0.0265 could send KAS toward $0.0255.

What is driving the Kaspa price this week

Kaspa is getting support from stronger network fundamentals, including a rebound in hashrate, the new BinancePool KAS mining promotion, and 90.5% bullish community sentiment on CoinMarketCap. The June 30 Toccata hard fork also turned Kaspa into a programmable Layer 1, giving the network a broader use case.

Can Kaspa reach $0.041 this week

KAS could reach $0.041 in a strong bullish scenario, but it would first need to clear $0.0300, $0.0325, and $0.0350. With trading volume down 30%, a move to $0.041 would require a clear increase in buying activity.

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The post How High Can Kaspa (KAS) Price Go This Week? appeared first on CaptainAltcoin.