Kaspa Price Prediction: August 13 – Will KAS Break $0.10?

Kaspa (KAS) price remains in a tight range, locked in a struggle between buyers and sellers. The price is edging closer to the crucial resistance level of $0.10, but hasn’t managed to breach through yet. Momentum suggests an upward trend, but its strength is still questionable. 📈 📊 After bouncing off its rising trendline earlier this month, KAS has reclaimed its position above the 200-day SMA and sits just under the $0.10 mark. The symmetrical triangle pattern indicates that a breakout in either direction could significantly impact the price. 🔍 Let’s break down Kaspa’s performance on August 13th: 📅 What We Got Right Yesterday 📌 Yesterday, we highlighted the crucial level of $0.10 as a key target. If achieved, we anticipate a price surge towards $0.105-$0.110, potentially even reaching $0.118-$0.120 with increased volume. But so far, $0.10 remains a formidable wall. We also noted that if KAS fails to clear this barrier, it could stagnate between $0.085 and $0.10. Thankfully, buyers have kept the price well above the danger zone. 📉 On the downside, losing $0.087 might send price down towards $0.084-$0.085 and potentially even $0.080. So far, the buyers have held the line, keeping the price above this level. 📊 Kaspa Daily Overview (August 13) The current price sits at $0.09906, with a 24-hour increase of +10.33%. The RSI (14) is currently at 56.40, leaning bullish. However, the KAS chart remains trapped in a symmetrical triangle, with lower lows and declining trendline at $0.115-$0.120 and higher highs against the uptrend line. 🔍 What the Kaspa Chart Is Showing A breakout above the upper line could propel price to $0.128-$0.130, then further to $0.14-$0.15. Conversely, a decline below $0.086-$0.089 could send prices down towards $0.080 and even $0.074-$0.075. Price is currently moving sideways, with volume yet to confirm either breakout direction. 📈 Technical Indicators (Daily Timeframe) 📊 The MACD (12,26), ADX (14), Ultimate Oscillator (59.99), and CCI (14) all suggest a positive trend, with the RSI at a neutral to bullish level of 56.40. A slight seller pushback exists, indicated by the Bull/Bear Power (13) value of -0.0016. Summary: The overall momentum suggests a bullish direction but its strength is not yet visible in trend patterns. Therefore, traders might wait for a clear breakout before making substantial moves. 🔮 Kaspa Price Prediction Scenarios Bullish: A close above $0.10 could propel price towards $0.105-$0.110, possibly even reaching $0.118-$0.120 with increased volume Neutral: If the price remains stuck between $0.085 and $0.10, a neutral scenario is likely to prevail. 🐻 Bearish: A drop below $0.087 could lead to a significant slide towards $0.084-$0.085 or even $0.080. ⬇️ Bottom Line The price of Kaspa remains above the 200-day SMA and is hovering around $0.10 resistance. However, it’s trapped in a sideways trade by the symmetrical triangle formation. Though bullish signals are evident, the trend lacks clear strength. Therefore, traders might consider waiting for an outright breakout before taking significant positions. 🎧 Subscribe to our YouTube channel for daily crypto updates and expert analysis. 🎥 The post Kaspa (KAS) Price Prediction for Today (August 13) appeared first on CaptainAltcoin. }