There is great downtrend line on SPS price chart. SPS price stuckbetween great downtrend line and uptrend lines. We will see breaking up or down on SPS price chart in a few weeks. I think we will see breaking up on SPS price chart. SPS price supported 4 times by great support line coming from the bottom. It is tested a few days ago again. Great downtrend line tested 4 times before. We will see huge volatility on SPS price chart in next days.
Here you can see daily chart of SPS price. You can see what I try to explain tou about SPS price chart It is so possible to see breaking up on SPS price chart in next days. After breaking up great downtrend line, 0,01 USD will be the first price target.
After touching 0,01 we will look the next price targets.
Here you can see weekly chart of SPS price and the indicator. There was great uptrend line on RSI Indicator and It is broken down. Even it seems it is broken down, There is possitive divergence on RSI Indicator. Even the bottom of price decreasing, the bottom of RSI Indicator is increasing. We may see the result of this possitive divergence on SPS price chart.
Fisher Indicator is also great level to reverse up. We are in 3rd red weekly candles. It is so possbile to see green weekly candle in next weeks. When we see green candle in next weeks, we will see reversing up on Fisher Indicator. So, this indicator is at good level for bull run.
The volume of SPS price is also increasing. So it may be great time.
Here you can see the chart of SPS/Hive pair chart. I shared a few analysis about this chart and pointed handle cup pattern. You can see what happened after breaking up the top level of handle cup pattern. 0,05 level is the next resistance on this pair chart. It is so possible to see breaking of this level in next days. After breaking up this level, 0,055 level will be the next target.
So, I am bullish for Splinterlands's governance token SPS. Splintershards is close to bullish run. I picked up lots of SPS from this level.
We will see..
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What’s the market cap on SPS? I never bothered trying to chart tribe tokens cause I’ve even moved a bunch with a few hundred bucks, is SPS the biggest? Million dollar cap? Interesting! Your work looks legit
I see the 24 hour volume is about a grand on HE, is it much bigger on other platforms?
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