SPS (splintershards) is one of undervalued Web3 token on market. Even we are in bullish season, it is up 200% from the bottom. AI, Web3 and Gaming cryptos are the most trended in 2023-2024 season. SPS may miss this chance.
Here you can see daily chart of SPS. There was consolidation zone coming from end of 2022 to 2023. SPS brok up this zone at the end of 2023 and went up 300% from the bottom. After price correction SPS price supported by the middle line of this consolidation zone.
After touching suport line SPS has not same performance as end of 2023. It is going up slowly.
There are lots of gaming cryptos are in bullish trend. Thanks to listin on Binance, these cryptos pumped. SPS is going up slowly, needs good news about game tokenomics or listing on nex CEX..
Hype is one of most important thing for bullish trend for a crypto. SPS needs hype, more new users on the game and listing the best exchanges.
Here you can see weekly chart of SPS. Fisher Indiator is trying to reverse. If it reverses, we may see a few bullish weeks on SPS price chart. Will it enough to break up 0,035 USD resistance?
SPS (Splintershards) has only 37M USD marketcap. Listing on new CEX needs more liqudity and these will make SPS Price pumped.
The only way to enter bullish trend and escape from being undervaled is to be listed on CEX.
I hope SPS price will go up with hype and new news on game tokenomics.
We will see..
Posted Using InLeo Alpha