CASPER may be setting up for a 90% plus gain.CSPR has been trapped in a death spiral of decline for quite some time until the Trump Election Pump. It has since consolidated into a wedge pattern. If the price breaks out of this wedge and retests the upper (green) trendline area, the price could appreciate upwards of 90%.
I personally think that CASPER is a trash token, and I would never hold it, as its management team has clearly demonstrated that they are absolutely incompetent and likely corrupt. However, as far as trading is concerned, it could prove to be a decent trade in the short/medium term.
This trade also carries additional risk due to the poor management of the company, and this fact should not be underestimated, whether you hold tokens long term or make a leveraged trade in the short term.
Good luck, and always use a stop loss!
CSPRUSDC
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!
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!