SPS Price Needs to be Supported by Bowl Pattern
SPS price is around 0,0075 USD level for a few weeks. It is great performance after price drop for years.. I shared an analysis about SPS price and there was a bowl pattern. The bottom of this bowl pattern completed. SPS price needs to be supported by bowl pattern to continue price pump.
Here you can see daily chart of SPS price. There was a downtrend line on this chart and SPS broke up this downtrend line. After breaking up this downtrend line, SPS price went up from 0,003 USD to 0,008 USD..
It is going down slowly to complete price correction. It is nice to see withot price drop on correction.
Here you can see weekly chart of SPS and the indicators. Fisher Indicator is on the top and trying to reverse. It may take a few weeks for correction on Fisher Indicator. MACD Indicator is at good level to start bullish trend.
It is so possible to see the touch on bowl pattern on SPS price chart.
Technical analysis seems good for SPS price chart. Tokenomics and updates on the game will support SPS price.
We will see..
Well let's see how the price will definitely take its shape in days to come but with the look of things, it is certainly looking like the market will definitely bleed and bleed further but well let's see
SPS token is far from its maximum. I can't figure out if it's normal or not