Casper (CSPR) Falls 0.01%, Underperforms the Crypto Market Tuesday

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Tuesday, July 18, 2023 07:11 | InvestorsObserver Analysts

Casper (CSPR) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Tuesday, the crypto is down 0.8% at $0.03657868068.

volatility - 31
InvestorsObserver is giving Casper a volatility range of 31. Find out what this means for you and get the rest of the rankings on Casper!

moderately volatile

InvestorsObserver gives Casper a moderate volatility range of 31, putting it in the bottom 31% of cryptocurrencies on the market.

The volatility indicator trails, which means that one day will not make or break its range. CSPR's moderate volatility reading is combined with a low reading on the risk/reward indicator, meaning the coin has moderate price swings and is well protected against price manipulation.

Casper price is in a good position going forward. With support at $0.0360301761291309 and resistance near $0.0368462270460411. This positions Casper with room to run before facing selling pressure.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. these are normally used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.

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