{"id":4137,"date":"2023-04-30T17:01:36","date_gmt":"2023-04-30T22:01:36","guid":{"rendered":"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/"},"modified":"2023-04-30T17:01:36","modified_gmt":"2023-04-30T22:01:36","slug":"cspr-outlook-after-massive-april","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/","title":{"rendered":"CSPR outlook after massive April?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<p>    \n                    <\/div>\n<ul>\n<li dir=\"ltr\">Casper Network price rose over 60% in April, hitting a high of $0.060.<\/li>\n<li dir=\"ltr\">CSPR traded at around $0.059 at the time of writing, about 6% up in the past 24 hours.<\/li>\n<li dir=\"ltr\">While CSPR price is above key support level, here\u2019s the price outlook for Casper Network going into May.<\/li>\n<\/ul>\n<p dir=\"ltr\">Casper Network price rose more than 60% in April as the value of the native CSPR rallied to above $0.060. The cryptocurrency\u2019s price currently sits around $0.059, up 6% in the past 24 hours and nearly 16% higher in the past seven days.<\/p>\n<p dir=\"ltr\">However, while the Casper token is one of the standout performers of the last month, it remains off its peak of $1.33 by some huge distance. According to data from CoinGecko, CSPR reached its all-time low of $0.022 in June 2022, meaning traders who took positions at these levels are 164% up on their investment.<\/p>\n<p dir=\"ltr\">CSPR at current levels is -95% from the all-time high reached in May 2021.<\/p>\n<h2 dir=\"ltr\">What is Casper Network (CSPR)?<\/h2>\n<p dir=\"ltr\">Casper Network, a layer 1 blockchain network targeted for enterprise adoption of the blockchain technology. CSPR is the governance token of the Casper blockchain, whose mainnet launched in 2021.<\/p>\n<p dir=\"ltr\">As a native token, CSPR has multiple roles in the Casper ecosystem, including network fees, staking rewards and payments as a medium of exchange.<\/p>\n<p dir=\"ltr\">The Casper Network has seen multiple projects built on top of its proof-of-stake blockchain. One of the projects on the smart contracts platform is layer 2 protocol Metis that migrated from Ethereum to Casper. Metis looks to boost development of Decentralized Autonomous Companies (DACs).<\/p>\n<p dir=\"ltr\">Another project is patent encryption platform IPwe, which targets the creation of a decentralised database system for patent management and licensing. There\u2019s also ACDX, a digital assets exchange for structured products and derivatives trading.<\/p>\n<h2 dir=\"ltr\">Casper price prediction: What next for CSPR?<\/h2>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 615px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/03\/30\/1682877625460-9b438569-3f9f-43ea-b473-997e6a8b9401.png\" style=\"width: 700px\" class=\"fr-fic fr-dib\" width=\"700\" height=\"242\"\/><span class=\"fr-inner\"\/><\/p>\n<p dir=\"ltr\">CSPR price 4-hour chart. Source:\u00a0TradingView<\/p>\n<p><\/span><br \/>\n<\/span><\/p>\n<p class=\"fr-img-space-wrap2\">Casper\u2019s price could continue to rise into May and potentially break above $0.1. This outlook will materialise if CSPR price consolidates above $0.065, building new momentum for a breakout above $0.080.\u00a0<\/p>\n<\/div>\n<p dir=\"ltr\">Above the $0.10 level, significant resistance will be around $0.13, with a bullish Casper price prediction of $0.20 in May.<\/p>\n<p dir=\"ltr\">On the downside, CSPR\u2019s outperformance over the past month could see traders eye profit taking deals. Such a scenario will definitely dent the bullish momentum and result in downward action, with a potential slump to $0.025.<\/p>\n<div class=\"post-meta\">\n<p>                        Share this articleCategoriesTags\n                    <\/p><\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/casper-price-prediction-what-next-for-cspr-after-60-rally-in-april\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casper Network price rose over 60% in April, hitting a high of $0.060. CSPR traded at around $0.059 at the time of writing, about 6% up in the past 24 hours. While CSPR price is above key support level, here\u2019s the price outlook for Casper Network going into May. Casper Network price rose more than [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-4137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CSPR outlook after massive April? - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CSPR outlook after massive April?\" \/>\n<meta property=\"og:description\" content=\"Casper Network price rose over 60% in April, hitting a high of $0.060. CSPR traded at around $0.059 at the time of writing, about 6% up in the past 24 hours. While CSPR price is above key support level, here\u2019s the price outlook for Casper Network going into May. Casper Network price rose more than [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\" \/>\n<meta property=\"og:site_name\" content=\"Sikaoer - The Best Crypto News Site.\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-30T22:01:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/04\/1682878165236-fbf9e771-1f3b-494b-a0b1-6c19b420e696.jpg\" \/>\n<meta name=\"author\" content=\"SikaoerAdmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SikaoerAdmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\"},\"author\":{\"name\":\"SikaoerAdmin\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67\"},\"headline\":\"CSPR outlook after massive April?\",\"datePublished\":\"2023-04-30T22:01:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\"},\"wordCount\":388,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sikaoer.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/04\/CSPR-outlook-after-massive-April.jpg\",\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\",\"url\":\"https:\/\/sikaoer.com\/cspr-outlook-after-massive-april\/\",\"name\":\"CSPR outlook after massive April? 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