{"id":599865,"date":"2024-11-18T10:22:29","date_gmt":"2024-11-18T10:22:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599865"},"modified":"2024-11-18T10:22:29","modified_gmt":"2024-11-18T10:22:29","slug":"casper-price-prediction-cspr-soars-89-as-pepe-unchained-presale-rockets-toward-40-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/casper-price-prediction-cspr-soars-89-as-pepe-unchained-presale-rockets-toward-40-million","title":{"rendered":"Casper Price Prediction: CSPR Soars 89% As Pepe Unchained Presale Rockets Toward $40 Million"},"content":{"rendered":"

The Casper price <\/span>soared<\/span><\/a> over 89% in the last 24 hours to trade at $0.0201 as of 5:17 a.m. EST as investors FOMO buy the <\/span>crypto<\/span><\/a>.<\/span><\/p>\n

With the recent gain, the CSPR price has pushed its weekly performance deeper into the green zone. As a result, the crypto is up more than 133% on the longer-term time frame.<\/span><\/p>\n

Casper Price Resting On A Key Support<\/span><\/h2>\n

\"KUCOIN:CSPRUSDT<\/p>\n

4-hour chart for CSPR\/USDT (Source: <\/span>TradingView<\/span><\/a>)<\/span><\/p>\n

The Casper price is resting on the key support at $0.01905 after briefly breaking above the $0.02331 resistance in the last 24 hours. Should the crypto fall below the $0.01905 mark within the next 12 hours, it could stand the risk of dropping to the next support level at $0.01343 in the short term.<\/span><\/p>\n

On the other hand, the Casper price maintaining a position above $0.01905 for the next 12 hours could lead to a rebound in the altcoin’s price. In this more bullish scenario, traders might start to enter into a long position for the <\/span>crypto<\/span><\/a>. This could push CSPR back above $0.02331. A 4-hour candle close higher than this mark might then lead to CSPR rising to $0.02748.<\/span><\/p>\n

Casper Price Might Drop In The Coming 24 Hours<\/span><\/h2>\n

From a technical perspective, indicators on CSPR’s 4-hour chart warn the Casper price could drop in the coming 24 hours. This comes after a bearish technical flag was recently triggered by the Relative Strength Index (RSI) indicator. In the last few hours, the RSI line crossed below its Simple Moving Average (SMA) line to suggest sellers have taken control of the Casper price.<\/span><\/p>\n

CSPR’s bullish momentum seems to have cooled down as well. In the past few hours, the Moving Average Convergence Divergence (MACD) line has started to drop toward the MACD Signal line. This narrowing gap is often interpreted as an early sign of a crypto’s positive cycle nearing its end. <\/span><\/p>\n

If traders continue to exert sell pressure on the Casper price, it might soon enter a new bearish phase. A confirmation of this technical shift could be the MACD line crossing below the MACD Signal line through the course of the next trading day.<\/span><\/p>\n

As bearish warnings start to show on CSPR’s charts, investors are rushing to buy Layer 2 meme coin <\/span>Pepe Unchained (PEPU)<\/span><\/a>, which the <\/span>99Bitcoins YouTube channel recently told its over 706K subscribers can surge 100X after launch.<\/span><\/p>\n