Kaspa Price Analysis: Navigating Short-Term Trends

Kaspa’s price has been fluctuating recently, dropping below $0.07 before a rebound to around $0.080. While traders are uncertain about the future direction of this bounce, the short-term outlook remains precarious. 4H chart analysis reveals Kaspa is currently trending downwards, with lower highs and lows since its peak in late July. The recent dip below $0.07 was notable but buyers quickly intervened to prevent further decline.