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- 1 As per the CSPR price rediction, the price of the coin is in the consolidation phase and is consolidating in a Darvas box.
- 2 As per Casper price (BITSTAMP: CSPR), the coin price decreased by 2.44% over the last 24 hours.
- 3 The price of the Casper coin is trading at $0.03935 and the 52-week price bound range is $0.02584 – $0.06366.
Casper (CSPR) has a fully diluted valuation of $468,405,293, according to the crypto data and information website Coingecko. This is a hypothetical market cap, assuming all 12 Billion CSPR tokens are circulating today. However, the actual FDV may take years to reach, depending on how the CSPR tokens are distributed over time.
As per Coinmarketcap, Casper crypto plummeted by 1.25% in market value and surged by 14.61% in trading volume in the last 24 hours. Its market value is $442,675,213 and its trading volume is $5,387,395. There are 11,225,270,028 Casper in circulation.
Casper Coin’s (CSPR) open interest is $783.44 K. As per Coinglass, another crypto analysis website, it rose by 14.62% in the previous session. The long versus short ratio for 24 hours is 0.9833. The total number of short positions added in the last 24 hours is $200.71 against longs of $452.27.
Moreover, the Casper coin has shown good performance this month, as it is up by 2.74% and by 42.28% in the year to date.
CSPR Price Technical Analysis in 1-D Timeframe
The price of the CSPR coin has been falling for the last three months, losing 25.71% of its value. At the moment, the CSPR price is $0.03935 and consolidating in a trapped range situation, suggesting an upcoming move as per price action.
Thereafter, if the CSPR price stays at the current level and goes up, then it could hit the closest resistance levels of $0.041695 and $0.046150.
However, if CMP fails to sustain then the CSPR coin price might keep going down and reach the first and second support levels at $0.035579 and $0.033384 if it does not hold the current level.
The CSPR coin price (BITSTAMP: CSPR) is above the 20 and 50-day EMAs (exponential moving averages) at the time of publishing, which is pushing the CSPR coin price up.
However, 100 and 200-day EMA is rejecting the trend if more selling volume adds up then the price might conquer supporting EMA’s by making higher highs and lows.
Therefore, the Casper price prediction expects the prices to go up giving positive views over the daily time frame chart.
The MACD line at 0.000278 and the signal line at 0.000144 is above the zero line and gave a bullish crossover, suggesting bullish signals. The current value of RSI is 51.10 points and the 14 SMA is at the median line at 51.88 points which indicates a consolidation to bullish sentiment in the market of CSPR coin.
Conclusion
The Casper price prediction shows the feelings and opinions of investors and traders about the Casper coin price bullish in the 1-D time frame. The Casper price movement shows a bullish view at the time of writing. Also, the technical factors of the Casper price suggest the downtrend will continue over the daily time frame chart. Major reliable indicators MACD, RSI, and EMA, give positive signals about the Casper coin price.
Technical Levels
- Support Levels: The nearest support levels are $0.035579 and $0.033384.
- Resistance levels: The nearest resistance levels are $0.041695 and $0.046150.
Disclaimer
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
