The beatdown in CASPER can't continue forever!Casper has been getting absolutely pounded into the dirt for quite some time now, and it can't continue forever. It has formed a mild double bottom on the hourly chart and may bounce off this bottom soon, potentially resulting in a relief rally. There are too many people who believe in CSPR, and they are bound to start buying again, either to offset previous losses, reduce their buying average, or open a new position.
Good luck, and always use a stop loss!
Casperlabs
CASPER is likely to make a small rally to the upper trend line.CSPR has been getting beaten like a red-headed stepchild for quite some time now after experiencing some major issues with its technology. However, from a trader's perspective, I think we could see some really nice trading opportunities in the next couple of days to a couple of weeks.
Overall, I think CASPER is a complete pile of garbage, hyped by YouTube influencers, and will likely fade away into the garbage can of crypto's past sooner rather than later, but that's just my opinion.
Good luck, and always use a stop loss!
Casper could potentially gain 40% + over the next few months.Casper (CSPR) is showing a nice chart pattern that could be indicating a nice gain over the next 2 to 3 months. I think this coin could have some very good things coming its way in terms of usage, and utility.
Good luck, and always use a stop-loss!
📈CASPER ---> $20 / lagged from the market rally / Alt Season📉OKX:CSPRUSDT
KUCOIN:CSPRUSDT
Hello traders.
CASPERUSDT is my third suggestion for the altcoin market.
As you can see, the price has consolidated inside a long-term pitch-fork structure.📈
There are two scenarios ahead of the price rally. The first scenario is simultaneously associated with a deep price correction and then its rapid return.📝
In the second scenario, there is a slow move towards the middle line of the pitchfork and then to the medium-term target of $0.058, then the long-term target of $0.08, and the final and optimistic target of $0.13.🎯
👉Important point: Compared to other altcoins and the Total index, Casper has had a negative trend, and in a way, during the upward rally of the market, Casper has been in a stable state and It has lagged behind the market rally.👈
Considering these two scenarios, step buying at this point and then in case of price correction, at the green support levels, is the best strategy.🧨
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
In the following week, I will introduce and complete the list of my suggested altcoins.
I plan to monitor these altcoins weekly.
CASPER drop likely to continue to bottom wedge trend line.CASPER (CSPR) has been getting beaten to the ground like a red-headed-step-child, and even though it may bounce a little off of the right resistance points, it's very likely we will continue to see it drop overall to approx. the .031 level before there's any significant reversal. If it fails to hold this level, it could be catastrophic for the price, but also may present a great buying opportunity for trader's, and long-term holders looking to add to their positions.
Good luck, and always use a stop!
CASPER rebound likely to fail.Many of us have been frothing at the mouth, watching the recent CASPER (CSPR) collapse, waiting for a likely entry point to go long. The bounce we're seeing right now is likely due to the trend seen in the overall crypto market, and not one that's unique to CASPER itself. It looks like this bounce will be temporary, and the downtrend will continue to at least the $0.03218 level before we see any meaningful or sustainable reversal, even though I think that it will go a little lower than that, likely to the $0.03 - $0.031 level. If the bounce does continue, it will likely be stopped at the upper descending trend line (the upper dashed line). If it does break that trend line, it could be a good sign that the reversal is in.
If you enter a long trade, use a stop-loss. In fact, I recommend always using a stop-loss.
Good luck!
Casper idea #CSPRWhat Is Casper (CSPR)?
Launched on mainnet on March 30, 2021, Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.
CSPRUSDT Hit the 1D MA200 for the first time since April 01!*** ***
For this particular analysis on Casper we are using the CSPRUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where CSPR hit today its 1D MA200 (orange trend-line) for the first time since April 01 2022. That hit resulted in a massive rejection for the token back towards the 1D MA50 (blue trend-line) and even lower on a 2 month horizon.
As a result this is a critical point for buyers. A 1D candle close above the 1D MA200 can potentially reverse the long-term bearish trend and immediately target the next Fibonacci retracement levels: 0.382 and 0.5 until it tests the 1W MA50 (red trend-line). Failure to close above the 1D MA200 can result in a pull-back towards the 1D MA50 (as in April), which is near the bottom of the medium-term Channel Up pattern anyway.
Notice at this point the RSI formation on the 1D time-frame. In contrast to the previous two breaks above the 70.000 RSI mark which formed Lower Highs and rejected the uptrend, the current one is about to close on Higher Highs. That could be an early indication of an upcoming bullish break-out.
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CASPER CAN REACH $19 (£15.50)- CASPER NETWORK can reach £15.50 within the next 2-5 years because it has utility and is solving a problem, along with that they have a great team and great partnerships.
- Most cryptos have hit the 55/89 FIB extensions so it will be pretty easy for CASPER to hit the 34 extension!
- NOT FINANCIAL ADVICE!
CSPR LONG!!!!!!!!!!CSPR potential area of interest to load up and ride this mini pumpo!! Aslong as btc continues to show bullish context alts will follow while btc.d is declining.
as always keep our eye on DXY and nasdaq100 minis here they show us early signs of what the market will do!!
BIDS 0.023 AND LOOK FOR TP ABOVE 0.03
CASPER £40 ($50) 2-8 YEARS - Casper Network..... What is it? Casper is the first live proof-of-stake, blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.
- Casper's Marker Cap: £151,461,181 (01.06.2022)
- Casper price today: £0.029
- £40 DIVIDED BY £0.029 = 1,379
- Lets just say Casper does a 450X from its all time low.... £151,461,181 X 450 = £68,157,531,450 (£13 per Casper Token)
- NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE! (DCA)
BEST PRICE TO ACCUMULATE MORE CSPRIf there is any any price best for entry for CSPR, it should be at this current all-time low level. CSPR is now currently testing the 0.05 support. I expect this support to hold and as bitcoin have a momentary relief form a double bottom then flip upside. However, if the current support is lost. The next strong support will be 0.01. After that is 0.005(I don't expect to see this price).
CSPR LONG!!!!!!!!!! Short term spot trade here looking the take advantage of any rejection to the upside.
Stop hunt either side , after the run on sell side liquidity we have OB=FVG with large LTF imbalance BULLISH price action,
Remember this is short term trade so take maximum profits.
0.589 is where ill be looking for entries
CASPER NETWORK EASY 44X- Follow the WALL STREET CHEAT SHEET!
- I made easy 10-20X gains since 2020-2021 by simply following the WALL STREET CHEAT SHEET!
- Invest when the market is in disbelief!
- HIGH RISK = HIGH REWARD!
- A lot of CRYPTOS have peaked above the 4.618 FIB EXTENSION - a lot have peaked above the 34 extension, so from the low we are at now $0.048 we could hit a minimum of £2.14 in the next 1-3 years.
- £2.14 divided by £0.04829 = 44.3 - so if you would invest £1,000 at this low you could potentially turn that into £44,000, then look for another 10X project and that's £440,000 do that one more time and you now have £4.4 Million!!! Easier said than done!
- However if your patient then its possible to achieve those gains!
- NOT FINANCIAL ADVICE!