The bears had a field day between May 7 and May 13 as Casper Network got knocked down by 13%.

The price of Casper Network was falling last from May 7 until May 13, giving enough reason to conclude that the market is. The price swings of CSPR pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The price action of Casper Network has been contained due to modest volatility. The average volatility of 11% was the reason why the price of CSPR didn't put up any significant gains. The coin was the most volatile on May 7, when the range of its price fluctuations reached 12.35%. On May 11, the volatility of the asset was at its minimum at 0.08%. The crypto coin's market didn't put up any surprises due to mild average volatility of 11%.

CSPR made a 3% step in an upward direction during the first daily trading session that took place on May 7. The price action of the coin remained bearish on May 8 as the bears pushed the price down by 12%. The price range of Casper Network formed between $0.051 and $0.053 on May 9 as the price traveled 1% down. On May 11, CSPR market moved by 2% in the bearish direction in concert with the trading volume. May 11 kicked off with Casper Network trading opening at $0.05 and then closing the session at $0.05, establishing the 24H low at $0.05 and 24H high at $0.05 in the process. No changes were observed on the crypto coin's market on May 12. Most trading activity on May 13 occurred in the space between $0.05 and $0.05; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.05, though the bulls had also staged the rally to the 24H high at $0.05. The price action on the asset's market during the period between May 7 and May 13 topped at $0.06, while the bottom of the price range was established at $0.05. The price action on the weekly time frame made Casper Network within the 13% range from its weekly low to the weekly high, while the oscillation amplitude between these price points amounted to $0.008.

In the period May 7 - May 13, the trading volume of Casper Network went from $12 158 624 on the first day of the reviewed period to $10 162 314 on the closing day. We can draw the comparison with the period of 7 days that preceded the reviewed one when CSPR ’s trading volume varied from $11 486 782 to $19 230 025. The average trading volume of the asset fluctuated by 25% by comparison with the previous period, whereas the price change of 13% took place over the same period of time.

The total capitalization of Bitcoin at the start of the analyzed time period (May 7) amounted to $627 066 431; by the end of that period (May 13), the capitalization went to $540 359 465. When translated to percentage rate, the market capitalization of CSPR over the past week adjusted by 14%. While the market capitalization of the coin was altered by 14%, its price has made a 13% change. During the week before the analyzed time frame, the market capitalization of Casper Network moved by 3% as it went from $636 762 632 to $654 690 078, and gave a better understanding of the general direction in which this market is flowing.

May 07Tue 09Thu 11Sat 13May 07Tue 09Thu 11Sat 130.0480.0500.0520.0540.0560.0580.0480.0500.0520.0540.0560.058
Article date: May 13 | May 7 - 13

Market reviews for similar coins for May 7 - 13