SPS Price Supported By Great Support Line

SPS price went down from 0,01 USD to 0,006 USD in a few days. Even it is great price correction on this chart, SPS price is still solid when crypto market is in danger.

I shared lots of analysis about SPS price chart and I drew this draft a few months ago. It worked as well. SPS price touched the first target to 0,01 USD. After completing this target, SPS price entered correction and supported by great support line coming from all time low.

There was great downtrend line on SPS price chart. You can see what happened after breaking up this downtrend line. SPS price also completed retest of downtrendline. I worked as support.

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Here you can see the indicators on daily chart of SPS price. There was great downtrend line on RSI Indicator. It is broken down. MACD Indicator is trying to reverse up after price correction. These indicator show us possible uptrend on SPS price chart.

Even lots of altcoins are at all time low level, SPS price has uptrend line and It is going up slowly.

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So, Even SPS price went down 40% from the top, It is still in bullish trend. We should see the new pattern on SPS price chart.

We will see..

Posted Using INLEO



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