Hello there. With some stabilization of the price volatility of Hive Coin on exchanges, we can talk about other Hive Engine coins. With the change of the Hive price, it is quite natural that the Hive engine tokens will be affected. Even ignoring other factors, people will want to sell their liquid Hive Coins and take profit/stop loss to avoid excessive loss. Tokens that are not connected to other blockchains often lose value while Hive gains value. On the contrary, they start to gain value while the Hive is losing value. There are a few tokens that are trying to get rid of this effect, albeit slightly; Bleo, Dec, Sps etc. In this post, we will examine the graphics of Dec and Sps. The graphics were taken from the app called Poocoin. The data comes from the BSC network. I prefer daily charts. The first image is from the DEC chart.
A sag below the supply-demand region of 0.01-0.0092 has occurred. I hope this situation is temporary :) Above, there is a supply-demand region in the range of $0.013-0.014.
The screenshot above belongs to the Sps graphic. There is currently a buyer gathering in the $0.34-$0.36 region. Above, a double peak resistance awaits us. If the price comes around here, the $0.81-$0.9 price range should be followed very well.
Splinterlands game has made many strides. New news will come in the coming days. However, prices depend entirely on a buyer-seller balance. The state of the cryptocurrency market and the state of the Hive price will continue to affect Sps and Dec prices.
I am not an investment advisor. You should make your investment decisions according to your financial situation and your psychological state. It would be more beneficial to see this sharing as an educational work. See you.
