Despite many altcoins showing growth, Kaspa (KAS) price remains steady within a tight range.
Price Movements: Flat Inside $0.08 – $0.09
On the 4-hour CoinAnk chart, Kaspa has been locked between support near $0.08 and resistance at roughly $0.09 since mid-August. The coin dipped as low as $0.0726 earlier this month but quickly recovered. Every attempt to push above $0.09 has failed, showing strong supply pressure.
Net Long vs. Net Short
The net long position is about 286M KAS, down from 283M at the highs, while net shorts remain higher at around 302M KAS. This suggests that bears still control a bigger share of the market, indicating traders may be cautious.
Short-Term Kaspa Price Prediction
Unless the Kaspa price breaks above $0.09 with real volume, it’s likely to keep drifting sideways. A failure to hold $0.08 support could send the price back to $0.075–$0.072.
The situation with Kaspa's price remains steady, and a significant change would require increased trading volumes and a breakout above the top range.
