Casper Price Prediction – CSPR Price Estimated to Drop to $0.034811 By Jul 06, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Casper is up 3.61% today against the US Dollar
• CSPR/BTC increased by 2.94% today
• CSPR/ETH increased by 3.99% today
• Casper is currently trading 12.62% above our prediction on Jul 06, 2023
• Casper dropped -16.68% in the last month and is up 29.50% since 1 year ago

CSPR price is expected to drop by -11.20% in the next 5 days according to our Casper price prediction

Casper price today is trading at $ 0.039203 after gaining 3.61% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.26% in the same time period. CSPR performed well against BTC today and recorded a 2.94% gain against the world’s largest cryptocurrency.

According to our Casper price prediction, CSPR is expected to reach a price of $ 0.034811 by Jul 06, 2023. This would represent a -11.20% price decrease for CSPR in the next 5 days.

CSPR Price Prediction Chart

Buy/Sell Casper

What has been going on with Casper in the last 30 days

Casper has been displaying a negative trend recently, as the coin lost -16.68% in the last 30-days. The medium-term trend for Casper has been bullish, with CSPR increasing by 1.54% in the last 3 months. The long-term picture for Casper has been positive, as CSPR is currently displaying a 29.50% 1-year price change. On this day last year, CSPR was trading at $ 0.030273.

Casper reached its all-time high price on Mar 31, 2021, when the price of CSPR peaked at $ 1.33. The current CSPR cycle high is $ 0.081814, while the cycle low is at $ 0.022738. CSPR has been displaying low volatility recently – the 1-month volatility of the coin is at 6.20. Casper recorded 13 green days in the last 30 days.

Casper technical analysis for today – Jul 01, 2023

The sentiment in the Casper markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.037045, $ 0.036028 and $ 0.034813, while $ 0.039278, $ 0.040494 and $ 0.041511 are the key resistance levels.

Bearish sentiment for Casper

12 indicators are currently signaling a bullish prediction for Casper, while 17 indicators are showing a bearish forecast. With 59% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Casper.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 59 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Casper moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Casper is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Casper is at 36.46, suggesting that CSPR is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Casper over the last 50 days. Currently, Casper is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the CSPR closing price for the last 200 days. CSPR is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Casper prediction

After considering the above factors, we can conclude that the current forecast for Casper price prediction is Bearish. CSPR would have to decrease by -11.20% to hit our $ 0.034811 target within the next five days. Moving forward, it will be important to monitor the CSPR market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Casper price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.