Casper Price Prediction – CSPR Price Estimated to Reach $0.051344 By May 29, 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 down -3.48% today against the US Dollar
• Casper is currently trading 7.65% below our prediction on May 29, 2023
• Casper dropped -5.51% in the last month and is up 22.72% since 1 year ago

CSPR price is expected to rise by 8.29% in the next 5 days according to our Casper price prediction

Casper price today is trading at $ 0.047415 after losing -3.48% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.43% in the same time period. CSPR performed poorly against BTC today and recorded a -1.34% loss against the world’s largest cryptocurrency.

According to our Casper price prediction, CSPR is expected to reach a price of $ 0.051344 by May 29, 2023. This would represent a 8.29% price increase 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 -5.51% in the last 30-days. The medium-term trend for Casper has been bullish, with CSPR increasing by 19.33% in the last 3 months. The long-term picture for Casper has been positive, as CSPR is currently displaying a 22.72% 1-year price change. On this day last year, CSPR was trading at $ 0.038637.

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 $ 0.064085, while the cycle low is at $ 0.022738. CSPR has been displaying low volatility recently – the 1-month volatility of the coin is at 8.16. Casper recorded 15 green days in the last 30 days.

Casper technical analysis for today – May 24, 2023

The sentiment in the Casper markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.048707, $ 0.047331 and $ 0.046554, while $ 0.050860, $ 0.051637 and $ 0.053013 are the key resistance levels.

Bearish sentiment for Casper

7 indicators are currently signaling a bullish prediction for Casper, while 20 indicators are showing a bearish forecast. With 74% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Casper.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral 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 47.91, 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 below the SMA 200, signaling that the market is currently bearish.

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 increase by 8.29% to hit our $ 0.051344 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.