SPS Price is Going Up Slowly Despite Very Bullish Chart
There is a pull back in SPS Price chart thanks to crypto market and SLP and Axie pump.
SPS Price went down 85% and It was in discount a few day ago at 0.10 USD level.
I picked up SPS for longterm investment and will do it at this level.
Although All cryptomarket pumped, SPS Price is moving up slowly... However, It had made a solid bottom for chart.
Technically,
SPS Price is very bullish. There is good reversal pattern. We only need to see daily MACD indicator above 0.
There is also positive divergence in RSI Indicator. It says us, Price tops going down despite RSI tops...
Although the initial return movement may be slow, subsequent movements can be rough. Positive divergence demands it.
We will see...
Posted Using LeoFinance Beta
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I feel like the recent pump was another bull trap and now the crypto market is heading to make higher lows and lower lows. A part of me hopes SPS gets decoupled from the overall crypto market as we've shown is possible before.