SPS Price Touched the Bottom Line of Ascending Channel

SPS Splintershards price is in ascending channel pattern since August 2024. It is going up slowly without any big price correction. The middle line of ascending channel is the average of SPS price. Thanks to Bitcoin price drop and market fall, SPS price went down and touched the bottom line of ascending channel.

Here you can see daily chart of SPS. It is 3rd time that SPS price touched this line. It is great support for SPS. I can be the bottom for SPS price chart.

Thanks to without any correction, SPS price can not go up. It did need a price correction but SPS has huge momentum. So, SPS price is stable during a month as price correction.

Here you can see weekly chart of SPS. You can see why SPS price can not go up. Fisher Indicators reversed from the top. It needs a few weeks to complete its correction. When it is completed, SPS price will go up fast again.

RSI Indicator broke up great resistance. It means SPS price entered bullish season.

MACD Indicator is at also good level for bullish season.

We need a few good new about tokenomics or CEX listing as Binance. It will great support for price and we may not see again 1 cent for SPS price.

Splinterlands has huge potential. It has so much players and experience.
We need to see SPS in Binance to reach its real value.

I hope we will see it in Binance in 2024-2025 altcoin season and Binance will support SPS price.

If this scenario happens, We can see SPS price over 0.10 USD again.

We will see..

Posted Using InLeo Alpha