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- 1 The Casper token price surged by 20.10% in the past 24 hours and was at $0.0559 at the time of writing.
- 2 Casper crypto price noted a strong breakout over the daily chart gaining over 20% intraday.
Casper is a versatile and decentralized blockchain network. It aims to increase the adoption of blockchain technology, smart contracts and decentralized apps. Also, it has a future proof technology which allows for continuous development and accessibility for developers.
It also solves the adoption trilema by providing security, scalability and decentralization in one protocol. It also has a low energy consumption, upgradable smart contracts and predictable gas fees.
Casper is based on the casper CBC specification, which enables fast and reliable blockchain services for enterprises. CasperLabs is the company that supports and services the Casper Network, leveraging its experience in enterprise software.
Casper Crypto Price Technical Analysis
Casper crypto price noted a strong breakout over the daily chart. The price shows an over 20% intraday spike, highlighting a strong bullish trend. Moreover, the breakout is supported by a massive rise in volume. It indicates that the bulls are committed to resume the trend further.
Moreover, the CSPR price had been in a correction phase for the last two weeks after a short term breakout. The price to support from the 50-day EMA and bounced back to break out of the consolidation phase.
Also, the short term trend has now also turned positive and aligned with the long term trend. The price may keep on rising and continue to surge higher forming higher lows and higher highs.
Casper Price Prediction 2024
The price prediction for the year 2024 assumes a positive outlook ahead which may take the CSPR crypto price higher. The most optimistic price analysis signifies an upside potential of 73.59% by the year end.
The CSPR crypto may therefore advance to a high of $0.0884 by the end of year 2024. Whereas, the less optimistic analysts estimate a price target of $0.0680 by the end of year 2024.
Casper Price Prediction 2025
By the next two years the Casper cryptocurrency price may have surged over 142.8% as per the most optimistic view of analysts. The price could reach a high of $0.130. The pessimistic view of analysts hope for the price to reach a high of $0.945.
Casper Price Prediction 2026
On the most optimistic note Casper crypto could gain to a high of $0.182 in the year 2026. On the other hand, the most pessimistic prediction of our analysts is for the price to reach $0.139.
Casper Price Prediction 2027
By the year 2027, Casper cryptocurrency is expected to reach a high of $0.227 as per the bullish view of analysts. The bearish view of analysts expect the price to reach $0.176 by the end of year 2027.
Casper Price Prediction 2028
The price forecast of the Casper crypto shows that it may reach a high of $0.284 by 2028 if the most optimistic condition prevails. By 2028, the analysts’ lowest forecast for Casper is $0.232.
Casper Price Prediction 2029
Based on the recent price analysis, the most optimistic view of analysts expects that CSPR coin price could go as high as $0.361 over the next five years. The lower value as predicted by our analysts for the year 2029 is $0.273.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
