CAP broke above the descending trendline it had been sliding along since early August, and the move comes just ahead of a confirmed listing on Upbit, one of Korea's largest exchanges.
This Cap Price Prediction looks at whether the breakout can extend over the next few days, with the bullish case staying intact above $0.03055, while a close back below that level would put the move back in question.
Here is what the chart, the listing news, and the liquidation data show.
Market data checked on August 6, 2026, at 10:16 IST.
Metric | Value |
Price | $0.03191 |
24h Change | +25% |
Market Cap | $50.348M |
FDV | $322.743M |
24h Volume | $33.635M |
Vol/Mkt Cap (24h) | 66.81% |
Total Supply | 10B CAP |
Max Supply | 10B $CAP |
Circulating Supply | 1.56B $CAP |
Source: Data from CoinGecko as of August 6, 2026, at 10:16 IST.
Figures may vary slightly across other tracking websites.
Upbit Korea's official account announced that $CAP is receiving trading support across the $CAP/KRW, CAP/BTC, and CAP/USDT markets, with trading scheduled to begin on August 6, 2026, at 14:00 KST. 
This is a confirmed listing announcement from Upbit's own verified account rather than a third-party claim, and it lands just hours after the trendline breakout visible on the chart above.
A listing on a major Korean exchange typically brings a fresh pool of liquidity and trading interest, though how token actually trades once the new markets go live remains to be seen.
NOTE: CoinGabbar has not independently verified any volume or order book data tied to the listing beyond what Upbit has announced.
Timeframe | Long | Short | Total |
1h | $1.38K | $1.21K | $2.59K |
4h | $51.07K | $161.03K | $212.10K |
12h | $104.47K | $166.43K | $270.90K |
24h | $105.45K | $193.66K | $299.12K |
Short positions have absorbed the larger share of liquidations across the 4h, 12h, and 24h windows, with the 24h short total of $193.66K running well above the $105.45K on the long side.
That skew is consistent with a breakout catching traders positioned for the downtrend to continue.
Source: Data From CoinGlass
OKX leads futures volume at $37.01M, followed by Binance at $28.27M and Bybit at $10.32M.
Smaller venues including MEXC ($4.17M), Bitget ($3.96M), KuCoin ($3.91M), and Gate ($3.50M) round out the rest of the tracked exchanges. This futures data is kept separate from the spot volume figure reported in the market overview table above.
Pair: $CAP/USD · Market: Spot (Crypto) · Exchange: Coinbase · Timeframe: 1H · Source: TradingView · Timestamp: August 6, 2026, 10:16 UTC+5:30
$CAP is trading at $0.03191 after breaking above the descending trendline that had capped price since the early August highs near $0.04215.
The break came on a sharp upward candle that pushed the price roughly around from $0.0274 to $0.0400 before pulling back slightly to current levels.
RSI (Relative Strength Index, a momentum gauge on a 0 to 100 scale) sits at 62.97, still short of overbought territory, which leaves some room for the move to extend.
The EMA 20 and EMA 50 (Exponential Moving Averages, trend indicators that weight recent candles more heavily) sit well below the current price, with the EMA 20 at $0.02916 and the EMA 50 at $0.02834, both left behind by the breakout candle and now sitting inside the deeper support zone rather than acting as near-term resistance.
If the price holds at the current level and breaks the $0.03370 resistance, the upper levels to watch are $0.03813 and $0.04251.
If the price fails to sustain this level, the lower levels to watch are $0.02735 and $0.02499.
Level Type | Price |
Resistance 3 | $0.04251 |
Resistance 2 | $0.03813 |
Resistance 1 (nearest) | $0.03370 |
Immediate Price Reference | $0.03191 |
First Support (breakout range top) | $0.03055 |
Deeper Support | $0.02735 |
Structural Floor | $0.02499 |
EMA | Price |
EMA 20 | $0.02916 |
EMA 50 | $0.02834 |
$CAP price target 2026 Bull case: Holding above the breakout range top at $0.03055 and staying clear of the EMA 20 and EMA 50 near $0.02834 to $0.02916 would confirm the bullish trend is holding rather than fading.
A confirmed close above the nearest resistance at $0.03370 would open the path toward $0.03813, with fresh Upbit liquidity potentially adding fuel to that move.
$CAP price target 2026 Bear case: A close back below $0.03055 would put the breakout in doubt and suggest the move was a short-term squeeze tied to liquidations rather than a genuine trend shift.
Losing $0.02735 would expose $0.02499 as the next downside level.
$0.04251 is the highest resistance level marked on the chart.
Reaching it would require $CAP to first clear the nearest resistance at $0.03370, then break and hold above $0.03813, a multi-stage move that would likely need sustained follow-through from the Upbit listing rather than a single breakout candle.
A rejection at the nearest resistance near $0.03370 followed by a close back below the breakout range top at $0.03055 would put the trendline break in question.
A deeper break below $0.02735 and the structural floor at $0.02499 would undermine the recovery structure entirely and point back toward the early August downtrend.
According to CoinGabbar analysts, The trendline breakout and the heavy skew toward short liquidations tell a consistent short-term story: sellers who had controlled the move since early August were caught offside, and the bounce off the consolidation range looks more like a genuine shift than a one-candle spike.
RSI at 62.97 leaves room to run before momentum looks stretched, and the EMA 20 and EMA 50 now sitting well below price is a meaningful change from the past several days of decline.
The confirmed Upbit listing adds a real near-term catalyst, though the actual trading impact once the new markets open is still unverified.
The $0.03055 to $0.03370 zone is the key battleground: holding it keeps the breakout thesis intact, while slipping back under $0.03055 would suggest the move was largely short covering.
Price, EMA, and RSI data referenced from a 1H $CAP/USD chart via TradingView on Coinbase, timestamped August 6, 2026, 10:16 UTC+5:30.
Market $cap, FDV, volume, and supply data referenced from the price tracker snapshot. Liquidation and futures volume data referenced from Coinglass.
Listing news referenced from Upbit Korea's official announcement on X.
Disclaimer: This piece is for informational purposes only and is not financial advice. The levels and scenarios above are based on technical chart analysis and publicly available data at the time of writing, and crypto markets can move sharply within hours, so past patterns do not guarantee future outcomes. It is worth doing independent research and considering your own risk tolerance before acting on any of the levels discussed here.