Down by 4% : The Casper Network market saw some bearish action last week (May 9 - May 15).

The price of Casper Network was falling last from May 9 until May 15, giving enough reason to conclude that the market is bearish. The price swings of CSPR pointed to the presence of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

While the volatility remains restrained, Casper Network isn't making any explosive moves. The average volatility of 6% was the reason why the price of CSPR didn't put up any significant gains. The coin has hit the highest point of volatility on May 9. The price of the asset had fluctuated the least on May 13, when the volatility plummeted to 0.08%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.

The opening price of Casper Network was at $0.05 on May 9, with sellers having a more visible presence on the market. The first day of price action was marked by the 1% move to the downside from the point where the trading session opened. The 2% move in the downward direction took place on the second day after the weekly open. The price range of Casper Network formed between $0.05 and $0.05 on May 11 as the price traveled 8% down. On May 12, the value of CSPR was in the range, with the market remaining flat. The price range of Casper Network on May 13 formed between $0.05 and $0.05, whereas the daily price extremities were $0.05 and $0.05. No changes were observed on the crypto coin's market on May 14. Between the 24H high at $0.05 and the 24H low at $0.05, the coin was traded in the $0.05 - $0.05 price corridor. During the reviewed time period, the asset was able to achieve the weekly high at $0.05, though at a certain point, the bear pressurized the price down to the weekly low at $0.05. Traders saw Casper Network covering the $0.002 distance between the weekly low and the weekly high, which constituted for a 4% move.

Over the period of the last 7 days, May 9 to May 15, Casper Network saw its average trading volume fluctuate between $13 493 196 and $7 323 523. We can draw the comparison with the period of 7 days that preceded the reviewed one when CSPR ’s trading volume varied from $11 332 744 to $19 230 025. The average trading volume of the asset fluctuated by 27% by comparison with the previous period, whereas the price change of 4% took place over the same period of time.

The total market capitalization of Casper Network during the past 7-day oscillated between $578 037 237, the starting point that was established on May 9, and $546 291 372 on May 15, the end date of the reviewed period. 5% was the calculated percentage change for the CSPR market over the past week. While the market capitalization of the coin was altered by 5%, its price has made a 4% change. In order to get a better grasp of the current state of affairs on the market, it’s important to draw the comparison between the reviewed period and the preceding seven days when the market capitalization ranged between $650 539 707 on May 2 and $622 236 691 on May 8, which translates to a 4% change.

Tue 09Thu 11Sat 13Mon 15Tue 09Thu 11Sat 13Mon 150.04750.04800.04850.04900.04950.05000.05050.05100.04750.04800.04850.04900.04950.05000.05050.0510
Article date: May 15 | May 9 - 15

Market reviews for similar coins for May 9 - 15