In the world of gaming, Splinterlands has distinguished itself wonderfully for years now, and it's amazing seeing the community wax stronger despite the ups and downs. In this post, I'm going to explain why I find it interesting and smart to buy more $SPS at these low prices. To be honest, I've been watching the price like a hawk for months now and I'm tired of staying at the sideline for a while. I decided to start DCAing few days ago after a confirmation from some indicators that the time is now!!! I'm going to make this post brief and straight to the point.
From an All Time High of $1.07 in June 2021,$SPS saw a massive decline of about 94% to a couple of cents. This might look abnormal to newbies however it's normal when you look across the board at other cryptocurrencies performances. It has been a bloodbath 馃憖 so far. There are few charts that made me start buying as quickly as possible.
On the weekly chart, it seems a comfortable base has been formed which is ideal and a recipe for a very good bull run. We can also see the printing of a blue 馃數 ball which is a massive buy signal. Stochastic RSI which is our momentum is on the rise too馃拹
On the monthly, the same blue 馃數 buy signal was printed for the first time since 2020. The last time it did, we pumped all the way to $1+馃檪.
With all signals pointing at an incoming pump, I guess we're just few months away from a MACD cross
Note: This is not financial advice, I can't tell you how to spend your money. This is majorly for educational purpose. It's up to you to look at the facts in the charts and decide on what to do. Thank you.
Do have a wonderful weekend ahead. I'll see you next time馃槆馃拹
