Why Again And Again Splinterland (sps) Market Is Still Getting Hit With A Lot Of Selling Even Down
The market to continue to go down but you can see we're not getting take a look at the market and sps coin is going down on this current price 0.025 cents.I went to say good idea for us to see and maybe the opportunity for sps coin to go down.
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I've just shown you earlier look at the market actually is not massively bearish no a lot of people are not selling well.if the market is selling I'll tell you this there's someone definitely in the market in sps coin selling up this currency at these prices look at the volume that's currently coming in on very small spread but the volume is definitely lower.
What could possibly be going on well it looks to me like the market in sps coin is trying to come in and buy the market actually is trying to attempt to break price below 26 cents.I think we all can see this is where the current contention is between the market buyers and the market sellers.
They are currently trending price lower in sps coin.the market doesn't look too enthused to come in and try to break 25 cents to the upside.I can actually see some weakness coming in the market for sps coin it's not a good thing what we need to see into the marketing sps coin.
I do suspect this trend I've created is about to be broken to the downside.we need to transition over to seeing some support.we need to see the market in sps in terms of us seeing price come down. we need to see the market in the sps hold this particular price level.we cannot see the market break this area.
If we break this to the downside then definitely I will suspect it will be my prediction the market going to continue to trade within this range.we won't see the market go up it's simple.we need to anticipate that happening into the market this is where I can still see some buyers mixed in.
You can see how the market currently is not trying to go down which is a good thing for us to at least consider anticipate.the market action in sps coin going to continue to go lower.
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