Casper Price Prediction 2025: Recovery Sets Stage for Future Gains
Key Takeaways
- Casper fell to an all-time low in November 2024.
- What’s next for Casper?
- Our Casper price predictions suggest CSPR could reach $0.085 next year.
- Interested in buying or selling CASPER CSPR coin? Read our review of the best exchanges to buy and sell CASPER CSPR.
The Casper blockchain launched to some fanfare in May 2021. Coming onto the crypto scene right at the end of a bull market, CSPR has struggled to reach the levels it traded when it launched.
Indeed, in early November 2024, it sank to an all-time low. Although recovered from that, it is currently outside the top 250 cryptos by market cap.
On Dec. 11, 2024, CSPR was worth about $0.01925.
Let’s examine our Casper price predictions, made on Dec. 11, 2024. We will also examine the Casper price history and briefly discuss what Casper is and what it does.
Casper Price Prediction
Let’s examine some of Casper’s price predictions CCN made on Dec. 11, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
| Minimum CSPR Price Prediction | Average CSPR Price Prediction | Maximum CSPR Price Prediction | |
|---|---|---|---|
| 2025 | $0.018 | $0.045 | $0.085 |
| 2026 | $0.025 | $0.065 | $0.12 |
| 2030 | $0.06 | $0.15 | $0.30 |
Casper Price Prediction 2025
By 2025, CSPR’s price is expected to benefit from its current breakout pattern and potential wave five continuations. The growing adoption of blockchain solutions and CSPR’s improving market sentiment could push the price toward an average of $0.045. However, broader market conditions could still limit its upside to $0.085, with a possible fallback to $0.018 in a market downturn.
Casper Price Prediction 2026
In 2026, increased institutional interest and a more mature blockchain ecosystem could increase CSPR’s value. With potential technological advancements and network upgrades, the average price may rise to $0.065, while a strong bull market could push the maximum to $0.12. However, bearish conditions could see prices as low as $0.025.
Casper Price Prediction 2030
By 2030, CSPR is positioned to capitalize on mainstream blockchain adoption and well-established network infrastructure. With significant use case expansion and ecosystem growth, the average price could reach $0.15, while a strong market environment could drive it to $0.30. However, lingering market risks could maintain a floor around $0.06.
Casper Price Analysis
CSPR broke out of a long-term descending wedge in mid-November, signaling a potential bullish reversal.
This breakout saw increased trading volume, indicating renewed market interest. Following the breakout, the price retraced to test key support levels.
The price peaked at $0.027, retraced to $0.013, and formed an ascending channel. On Dec. 10, a higher low at $0.016 led to a 19% recovery. The neutral RSI suggests potential for either further consolidation or recovery.
Short-term CSPR Price Prediction
CSPR is in a corrective wave four after peaking at $0.027 in wave three. It tests the 0.382 Fibonacci support at $0.0191 while forming a descending ABC corrective pattern. The RSI remains neutral, hinting at stabilization.
Key support levels lie at $0.0166 and $0.014. Resistance is at $0.0244 and $0.027. A breakout could target $0.0318 and higher Fibonacci extensions.
The Casper price prediction for the next 24 hours depends on what happens at the resistance levels.
Casper Average True Range (ATR): CSPR Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Dec. 11, 2024, Casper’s ATR was 0.0322, suggesting relatively high volatility.
Casper Relative Strength Index (RSI): Is CSPR Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 11, 2024, the Casper RSI was at 53, indicating slightly bullish conditions.
CCN Strength Index
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes.
The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Dec. 11, 2024, Casper scored 58 on the CCN Index, suggesting strong momentum.
Casper Price Performance Comparisons
Best Days and Months to Buy Casper
We examined the Casper price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, suggesting the best times to buy CSPR.
| Day of the Week | Saturday |
| Week | 28 |
| Month | July |
| Quarter | First |
Casper Price History
Then, let’s look at some key dates in the Casper price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Casper price prediction.
| Time period | Casper price |
|---|---|
| Last week (Dec. 4, 2024) | $0.02676 |
| Last month (Nov. 11, 2024) | $0.009151 |
| Three months ago (Sept. 11, 2024) | $0.01135 |
| Last year (Dec 11, 2023) | $0.04421 |
| Launch price (May 12, 2021) | $1.36 |
| All-time high (May 12, 2021) | $1.36 |
| All-time low (Nov. 4, 2024) | $0.006248 |
Casper Market Cap
The market capitalization, or market cap, is the sum of the total number of CSPR in circulation multiplied by its price.
On Dec. 11, 2024, Casper’s market cap was $244 million, therefore making it the 291st-largest crypto by that metric.
Casper Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Total supply | 13,128,189,078 |
| Circulating supply (as of Dec. 11, 2024) | 12,680,235,949 (96.58% of maximum supply) |
From the Whitepaper
In its technical documentation or whitepaper , Casper says that its use of WebAssembly (Wasm) allows most common programming languages to work directly with any instance of a Casper blockchain, avoiding the hurdle of pre-existing software development teams requiring an onboarding time to learn new languages. So long as the language can be compiled to Wasm, developers may use their language of choice to develop Casper applications.
Casper (CSPR) Explained
Casper is a platform designed to help increase the uptake of decentralized applications (dApps). Founded by computer scientists Medha Parlikar and Mrinal Manohar in 2021, the blockchain aims to be fast, decentralized, and secure.
It is supported by its eponymous Casper coin, known as the ticker handle CSPR.
Casper should not be confused with the Kaspa (KAS) blockchain, which aims to be the market’s fastest Proof-of-Work (PoW) blockchain.
How Casper Works
Casper uses a Proof-of-Stake (PoS) consensus mechanism. This means that people verify transactions and add blocks to the blockchain based on how much CSPR they hold.
Somewhat rarely in the world of blockchains, Casper also allows people who lose their keys to recover them.
CSPR holders can vote on changes to the network. People can also buy, sell, and trade CSPR on exchanges.
Is Casper a Good Investment?
It is hard to say. There is no question that CSPR has struggled over the last two years or so. Even if we discount its initial high price, it has some way to go before returning to where it was in late 2021.
Like many other systems, Casper wants to be the blockchain that brings Web3 to the masses. However, it is difficult to see what could make it the platform to achieve that goal.
On the other hand, though, Casper is a pretty active blockchain that appears to be relatively easy to use.
As always with crypto, you should do your own research before deciding whether or not to invest in CSPR.
Will Casper go up or down?
No one can tell right now. While the Casper crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I invest in Casper?
Before you decide whether or not to invest in Casper, you will have to do your own research, not only on CSPR but also on similar coins and tokens such as Ethereum (ETH), Solana (SOL), and Cardano (ADA). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
FAQs
Will Casper reach $1?
It might do, but if it does, it won’t be until at least the 2030s, according to our price predictions.
Keep in mind that Casper has not traded above $1 since it was launched in May 2021.
What is Casper used for?
People who hold CSPR can vote on changes to the Casper blockchain. CSPR pays people who add blocks to Casper. People can also buy, sell, and trade CSPR on crypto exchanges.
Heroes of Mavia Price Prediction 2024: Can MAVIA Spearhead Gaming Renaissance?
BitTorrent Price Prediction 2025: BTT Poised for Potential Recovery
