Kaspa (KAS) Price Prediction for Today, September 1

Kaspa is kicking off September on the weaker side. At writing, KAS price is trading at $0.8283, down about 2.64% on the day

After pushing higher through late August, the momentum has cooled, and the price has slipped back into a key zone

The big thing traders are watching today is whether KAS can hold its support or if there’s another drop coming before buyers step in again.

What the Kaspa Chart Is Showing

If you zoom into the 4H chart, you can see KAS price moving in a tight range. The price has been making lower highs since its last pop, but the higher lows from earlier are still holding. That’s created a kind of squeeze pattern rather than a straight-down move.

The key support to watch is around $0.82–$0.80. Every time price dipped into that area, buyers have been there to defend it

If KAS loses that level, though, the next logical stop is down near $0.78–$0.77, which is where the last strong rally started

On the flip side, if bulls can push it back above $0.85–$0.86, it would show this pullback is just a reset, with room to test $0.90–$0.92, an area where price ran into trouble throughout August.

Image Source: Coinank Market Indicators

Momentum has slowed compared to last week’s push higher, and today’s move down happened on fairly average volume, more of a reset than a rush to sell

Open interest in derivatives is steady, meaning traders are still in the game but not betting heavily in either direction

Funding rates are neutral as well, showing that the market isn’t leaning too far long or short right now. Basically, KAS price looks like it’s consolidating, but bulls haven’t made a strong move yet.

Read Also: Pi Coin Short-Term Price Forecast for The Week

KAS Price Short-Term Outlook for Today, September 1st

For today, it really comes down to how Kaspa price handles $0.80. If buyers step up and price can recover above $0.86, momentum could quickly flip bullish again and give KAS another shot at $0.90–$0.92

But if $0.80 doesn’t hold, the token could slide back into the $0.78–$0.77 zone, and breaking below that would put $0.75 in sight.

With KAS price sitting at $0.8283 and down 2.64%, the short-term outlook is cautious. Unless bulls reclaim $0.86 soon, the most likely scenario is more choppy trading between $0.80 and $0.90.

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The post Kaspa (KAS) Price Prediction For Today, September 1 appeared first on CaptainAltcoin.