SPS(Splintershards) is on bullish trend since the beginning of November. Market conditions and game updates supported SPS price and SPS went up from 0.013 USD to 0.033 USD. It is up 150% from the bottom. After price pump, SPS price stays above 0.03 USD for a few days...
There is a flag pattern on SPS price chart. Here you can see daily chart of SPS. Price is at the highest level of 2023 and trying to break up the flag pattern. The target of flag pattern is to reach the height of flag. 0.06 USD is the target of SPS price...
If MACD Indicator reverses, we may see this target. Pump may continue..
I shared lots of analysis for SPS price chart in 2023 and showed you downtrend line. After it is broken up, SPS price entered bullish trend.. I showed you the heighest level of SPS in 2023 and SPS price should stay above this resistance to make it support line...
If SPS can not break up flag pattern, should stay above 0.03 USD durin price correction..
It is very nice to see reversing of SPS price. I hope we will see flag pattern broken up.
