Casper (CSPR) Falls 0.02%, Underperforms the Crypto Market Sunday

Sunday, March 13, 2022 12:00 PM | InvestorsObserver Analysts

Casper (CSPR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has lost 1.95% to $0.05852448291.

InvestorsObserver is giving Casper a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Casper!

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Moderately Volatile

InvestorsObserver gives Casper a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. CSPR's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Casper price is in a good position going forward. With support near $0.0568331873421667 and resistance around $0.0597541688387392. This positions Casper with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.