If Casper exceeds $0.0300, we\u2019ll closely watch how the price reacts near the 100 EMA ($0.0319) and the long-term resistance at $0.0340 for assessing any potential bearish trend reversals.<\/p>\n\n\n\n
The RSI indeed exceeds the 14 SMA, but the index value must rise above 50 to validate the current bullish momentum.<\/p>\n\n\n\n
See Related: <\/em><\/strong>Binance Coin Bullish Rally Stalls Below The Current Resistance $253 \u2013 BNB Technical Analysis<\/a><\/p>\n","post_title":"Casper (CSPR) Looks Steady Above $0.0260 And Is About To Retest The Psychological Resistance At $0.0300","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"casper-cspr-looks-steady-above-0-0260-and-is-about-to-retest-the-psychological-resistance-at-0-0300","to_ping":"","pinged":"","post_modified":"2023-04-10 17:52:00","post_modified_gmt":"2023-04-10 07:52:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9053","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
However, Casper is denied by the support at $0.0260 for the third time in the last three months, which indicate a bullish correction is underway. If the price manages to hold above the support, we may see CSPR retesting the upcoming psychological resistance at $0.0300 before the year ends.<\/p>\n\n\n\n If Casper exceeds $0.0300, we\u2019ll closely watch how the price reacts near the 100 EMA ($0.0319) and the long-term resistance at $0.0340 for assessing any potential bearish trend reversals.<\/p>\n\n\n\n The RSI indeed exceeds the 14 SMA, but the index value must rise above 50 to validate the current bullish momentum.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance Coin Bullish Rally Stalls Below The Current Resistance $253 \u2013 BNB Technical Analysis<\/a><\/p>\n","post_title":"Casper (CSPR) Looks Steady Above $0.0260 And Is About To Retest The Psychological Resistance At $0.0300","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"casper-cspr-looks-steady-above-0-0260-and-is-about-to-retest-the-psychological-resistance-at-0-0300","to_ping":"","pinged":"","post_modified":"2023-04-10 17:52:00","post_modified_gmt":"2023-04-10 07:52:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9053","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Expecting a further price surge at this point will be a counter-trend move since the 100 EMA still maintains below the 200 EMA, suggesting a long-term downtrend.<\/p>\n\n\n\n However, Casper is denied by the support at $0.0260 for the third time in the last three months, which indicate a bullish correction is underway. If the price manages to hold above the support, we may see CSPR retesting the upcoming psychological resistance at $0.0300 before the year ends.<\/p>\n\n\n\n If Casper exceeds $0.0300, we\u2019ll closely watch how the price reacts near the 100 EMA ($0.0319) and the long-term resistance at $0.0340 for assessing any potential bearish trend reversals.<\/p>\n\n\n\n The RSI indeed exceeds the 14 SMA, but the index value must rise above 50 to validate the current bullish momentum.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance Coin Bullish Rally Stalls Below The Current Resistance $253 \u2013 BNB Technical Analysis<\/a><\/p>\n","post_title":"Casper (CSPR) Looks Steady Above $0.0260 And Is About To Retest The Psychological Resistance At $0.0300","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"casper-cspr-looks-steady-above-0-0260-and-is-about-to-retest-the-psychological-resistance-at-0-0300","to_ping":"","pinged":"","post_modified":"2023-04-10 17:52:00","post_modified_gmt":"2023-04-10 07:52:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9053","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CSPR revives above $0.0260 despite the overall bearish trend. The price initiated a short-term bullish move followed by the rejection of the current support.<\/p>\n\n\n\n Expecting a further price surge at this point will be a counter-trend move since the 100 EMA still maintains below the 200 EMA, suggesting a long-term downtrend.<\/p>\n\n\n\n However, Casper is denied by the support at $0.0260 for the third time in the last three months, which indicate a bullish correction is underway. If the price manages to hold above the support, we may see CSPR retesting the upcoming psychological resistance at $0.0300 before the year ends.<\/p>\n\n\n\n If Casper exceeds $0.0300, we\u2019ll closely watch how the price reacts near the 100 EMA ($0.0319) and the long-term resistance at $0.0340 for assessing any potential bearish trend reversals.<\/p>\n\n\n\n The RSI indeed exceeds the 14 SMA, but the index value must rise above 50 to validate the current bullish momentum.<\/p>\n\n\n\n