Home
News
- The CSPR price moved above the immediate resistance level in the morning intraday session.
- Buyers attempt to sustain daily price candles above the 200 day moving average today.
- The Market capitalization of CSPR coin increased over 18% overnight and reached $443.9 Million.
CSPR coin price fell back in buyers’ favor in the past few days. Nowadays asset price has a bullish strength as buyers accumulating asset price in each minor dip in daily or hourly time frame. In this week bulls are observing aggressive thus price successfully breached vital resistance zone along with increasing trading volume.
In terms of the daily price chart, CSPR coin price is outperforming due to buyers’ support zone. Price action draws the higher-lows and higher-highs price action in terms of the daily price chart. Thus the support trendline (below the chart) provided a price pump several times. Now the CSPR price stays far above this trendline.
In the past three days, buyers regained over 30% till today’s high of $0.0440. This return in the short-term period shows aggressiveness of buyers. Amid a bullish trend, buyers pushed the asset price above the immediate resistance zone of $0.0380 to $0.0410. Buyers are waiting for today’s price closing above this zone to uplift crypto price until conceptual round level of $0.10.
Against the USDT pair, CSPR coin trades above the bullish zone at the $0.043 mark at the time of writing. In the morning intraday session, buyers regained over 12.5% so far and more advance momentum is likely ahead. Moreover, the CSPR coin along with the Bitcoin pair is green by 19.5% at 0.000002247 Satoshis.
In terms of daily time frame, Buyers attempt to sustain daily price candles above the 200 day moving average today. Hence, The Market capitalization of CSPR coin increased over 18% overnight and reached $443.9 Million.
The RSI Indicator reached into the overbought zone on the daily price chart. As well as the MACD expanding higher above the neutral zone along with higher green histograms.
Conclusion
The CSPR coin price is showing bullish strength as of now. The RSI and MACD indicator displays bullish strength for crypto. The CSPR price prediction suggests more price climbs higher until the conceptual round level of $0.10.
Support level – $0.0330 and $0.0230
Resistance level – $0.060 and $0.10
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
