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Casper price prediction: CSPR trending up



 The Casper price has risen around 148% since the low point in June. Especially in this month the Casper course increases strongly!


Casper price is up over 90% so far this month

Casper is up around 90% so far this month, up around 148% since bottoming at around $0.0222 in June. Capser thus finds significant Fibonacci resistance at around USD 0.1 and USD 0.16.


On the downside, Casper is finding significant support between $0.0222 and $0.0277.


Casper course managed to break the bearish trend line

Last week, Casper price broke the bearish trend line that stretches from June of last year to the present. With that, Casper is now facing significant Fibonacci resistance around $0.55.


If Casper breaks this resistance, the next significant Fib resistance awaits at the 50-week EMA at around $0.075. Aside from this bullish breakout, the MACD is also showing bullishness on the weekly chart.


The MACD histogram is ticking bullishly higher for the third week in a row and the MACD lines are also bullishly crossed. The RSI is neutral.


Casper is now finding significant support around $0.435


Also in the daily chart, the histogram of the MACD is ticking bullishly higher and the MACD lines are bullishly crossed. The RSI reaches overbought regions, but does not build bearish divergence.


Still, Casper has now been bearishly rejected at the 0.382 Fib resistance at around $0.55 for now, with Casper finding the next significant Fib support at around $0.435. After that, significant support at the golden ratio is still waiting at around USD 0.035.


Before that, however, the CSPR still finds support at the 200-day EMA at around USD 0.466.

The golden crossover is intact on the 4H chart, which confirms the trend as bullish in the short term. However, the MACD histogram is already ticking bearishly lower here and the MACD lines are crossed bearishly.


In the short term, it looks like a correction to the 0.382 Fib level around $0.435.


Against BTC, the CSPR course reaches golden ratio resistance

Against BTC, the CSPR price was able to rise close to the golden ratio resistance at around 0.0000029 BTC. Should CSPR be rejected, significant Fib supports await around 0.0000209 BTC and 0.0000185 BTC.


However, the MACD is clearly bullish. The histogram has been ticking bullishly higher for a few weeks and the MACD lines are also bullishly crossed.


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All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information found on our website is entirely at their own risk.

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