Kaspa’s price has seen limited movement over the past day, trading near $0.0909 with attempts to break through the $0.10 resistance level stalled. Despite buyer activity defending the $0.087-$0.090 range, a clear direction remains elusive. 📅 **Yesterday’s Prediction Confirmed** Analysts predicted Kaspa would remain between $0.087 and $0.10 unless a major catalyst triggered a surge. This prediction was validated as price bounced off support but ultimately failed to surpass $0.10. 📊 **Kaspa’s Daily Overview (August 17)** Current Price: $0.0909; 24-hour Change: +0.33%; 4-Hour RSI: 44 (Neutral, slightly bearish) Volume: 148.8M with projected turnover of 1.5B today.🔍 **What the Chart Shows:** The chart reveals a sideways movement in Kaspa’s price after hitting resistance near $0.117 earlier this month. The floor sits at $0.087 while the ceiling is locked at $0.10. This pattern suggests a trading stalemate with both bulls and bears holding back. 📈 **Market Signals:** Open Interest (OI) remains flat, indicating a lack of new positions from traders. Net Longs have weakened slightly compared to last week, showing cautious bullishness. Net Shorts are near $294M but haven’t surged significantly, suggesting the bears aren’t actively looking for dips below the support. **Price Scenarios for August 17** * **Bullish:** A breakout above $0.095-$0.10 could propel price towards $0.105 and $0.110, with a further target of $0.118. * **Neutral:** Expect continued sideways trading within the $0.087 to $0.10 range if volume remains low. * **Bearish:** A drop below $0.087 could trigger a slide to $0.084, with potential for further price drops towards $0.080. This could open up selling opportunities. **Bottom Line:** Kaspa’s trading range is clear: $0.087 acts as support and $0.10 as resistance. Expect more sideways movement until one of these levels breaks, potentially leading to a sharp price jump once the volatility kicks in. Subscribe to our YouTube channel for daily crypto updates and expert analysis on the markets.