CASPER - Not looking goodI'm not going to lie, CASPR has one of the worst looking charts of any crypto that is still active.
This is likely due to them launching in the worst part of the bear market.
This is would be a sell/short for me but shorting any crypto in a bull market is rarely a good idea.
Fundamentals
Blockchain: Casper Network
Age: Launched in 2021.
Use Case: Secure blockchain for DeFi and NFTs with enterprise focus.
Adoption: Gaining traction with developers for secure dApps.
Key Innovation: Casper CBC specification for consensus.
Key Team Member: Mrinal Manohar (Co-founder & CEO) - His leadership in blockchain security has shaped Casper's reputation for safety, evidenced by the successful mainnet launch.
Why it will do well: Emphasis on security and scalability for enterprise solutions.
CSPRUSDT
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!
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!
CSPR Highly likely to hit new lowHi there, it's not a surprise to see the market go even further down, although I was suspecting to see some sort of a minor pump across the board in Q4. but this seems less likely for the time being, I can see one more, possibly two lower lows forming for Casper labs token to the downside.
Keep in mind from the EWT, we are having the 5th wave which is definitely will bring new ATL = All Time Lows for CSPR. you can see the first price area is about 1 cent range +-. If extended and BTC tumbles even below 10K, expect the 2nd area probably to be met for CSPR.
I will start DCA in around 1.1-1.5 cents
Is this the bottom? CSPRCasper coin is a crypto project pretty popular that i am following (and holding) from months. Weekly chart is pretty boring, but i expect great things in the future. Looking at the short term chart, we can see an awesome break of the main trendline and we could expect a pump following the master BTC. I think there is enough potential to reclaim local highs
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 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 - $0.031 level. If the bounce does continue, it will likely be stopped at the upper descending trend line (the upper dashed line). If it does break that trend line, it could be a good sign that the reversal is in.
If you enter a long trade, use a stop-loss. In fact, I recommend always using a stop-loss.
Good luck!
📈CASPER weekly --> 150% profit plan📉OKX:CSPRUSDT
KUCOIN:CSPRUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes above the green areas --> 💥long scenario💥
targets are on the chart.
optimum stop-loss is below the 0.016$ level.
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CrazyS✌
CSPRUSD At An Interesting Level Of Support Inside A Channel CSPRUSD / Casper token is at an interesting level of support inside a parallel channel. Seems to also be sitting at a level of horizontal support. Minimum target is around 0.07 - 0.08 which is at upper level of channel. It also coincides with a previous level of support and resistance as identified by the blue band.
Will be interesting if this channel holds as support.
Consolidation of CASPERIt is quite possible that Casper could consolidate between 3 and 6 cents for another couple of months. Great time for accumulation. IPwe and Zug protocol can help to swing higher in late 2023 or early 2024. Minimum target during bull run is 20 cents. Has potential to go as high as 2 dollars though (depending on the partnership announcements and adoption).
CSPR looking for bullish continuationGood day fellow traders,
CSPR structure is looking very solid. The potential for a strong breakup is surely there. Obviously, market maker BTC will be able to help if it makes its mind up:).
First levels indicated, further upside more than possible,
Goodluck and trade safe