Good day my Splinterlands Friends
Right now the Dark energy Crystal price was hovering around 0.01251$
As I can see on this market with a 4h timeframe you can see that there is support around 0.01251$ that touched 3 times that's why the market stays on that price. as you can see the second touch on that support area takes longer, about 2 weeks but the 3rd touch takes 1 day, so there is a higher chance that it will go through the support area and the price may go down further around the next support on 0.01100$ and hover there or bounce back up. with the support on that look at the Big volume of yesterday activity or trades, it went up and slowly back down again the result of that volume says that there are more sellers coming in, as a result, the price will go down much further. but let's see you may never know
this is not investment advice.
this is my perspective on the price of the market and what i feel the market wanna show us. how about you? what do you think?
do you want to also know any SPS market?
let me know in the comment section
also thank you for reading my
analysis appreciate it cheers Happy Grinding!
