In this article we are going to review the Sperax Token (SPA) with the latest price analysis and price predictions for Sperax Token (SPA).
This article is completely based upon Technical Analysis and Price Action of Sperax Token (SPA)
As there are more than 17,000 cryptocurrencies in crypto market with a lot of cryptocurrencies being shady. it might be difficult to decide which crypto is worth buying and can give good profits in medium to long term point of view and most importantly is Sperax Token (SPA) is one of those crypto which can perform good in market?
So, Let’s Begin
Sperax Token (SPA) Current Market Overview
According to Coinmarketcap, Sperax Token (SPA) currently trading at 0.163373 USD and ranks at around #346 with a market cap of $11,98,35,106. Currently Sperax Token (SPA) is up 4.99% in last 24 hour with a volume of $3,17,76,124. the circulating supply of 73,35,04,907 coins and maximum supply of 5,00,00,00,000 coins.
Sperax Token (SPA) is available on top crypto exchanges in the world such as huobi, Gate.io, kucoin and Okex
Sperax Token (SPA) Price and Technical Analysis
As Shown In the 1 Day chart Above, Actually Sperax Token (SPA) is in Uptrend since december 2021 and has great support at the trendline shown above in the chart. The Price Action Looks Great for the long term and currently Sperax Token (SPA) is trading at 0.163373$ and The Support level is Holding at around 1.45 – 1.472$.
While, the resistance levels are currently at 1.921$, according to 1D Chart.
Sperax Token (SPA) Support Levels & Resistance Levels
Support Levels : Currently, the support levels for Sperax Token (SPA) at around $1.45 – 1.472$ , The second Support levels for Sperax Token (SPA) are at around 0.2129 ,
Resistance Levels : Currently, the resistance levels for Sperax Token (SPA) at around 1.921$ , The second resistance levels for Sperax Token (SPA) are at around 2.23$,
Technical Indicators – 100 Day and 200 Day Moving Average – Stoch RSI
Stoch RSI (Relative Strength Index) – Bullish
RSI (Relative Strength Index) is a technical indicator Which shows that whether A Coin is Overbought or Oversold at a particular period of time. Sperax Token (SPA) is currently showing its RSI value at around 50, Which indicates that the market is neither oversold or overbought . RSI value Above 50 is considered bullish until RSI crosses 70, which indicates overbought, which usually indicates a correction in price.
100 Day Moving Average – Bullish
100D Moving Average : As shown in the chart, The 100D moving average is currently above the price level indicating bearish movement as Moving average work as support when the price is above the moving average and vice versa and as per our analysis, we do think that due to the strong support at the trendline, Sperax can Breakout above 100D MA and continue Uptrend.
200 Day Moving Average – Short term Bearish
200D Moving Average : 200D moving average is one of the important indicator for long term trend analysis of any cryptocurrency which in Sperax Token (SPA) seems to be nuetral due to unavailability of historical Price Data.
Overall Chart Summary
Stoch RSI (Relative Strength Index) – Bullish
100 Day Moving Average – Bullish
200 Day Moving Average – N/A
Sperax Token (SPA) Price prediction for 2022
As per the bullish market conditions, Sperax Token (SPA) can easily target the price levels of 0.34$ in 2022 , with upcoming developments and partnerships, Sperax Token (SPA) can Show parabolic upward, With a Small Retracement Without major Correction in Price Eventually Leading it to break previous Major Resistance. Overall, Sperax Token (SPA) Price target of 0.34$ is quite Optimistic yet feasible for the near future as well.
Sperax Token (SPA) Price prediction for 2023
If the bullish Market trend Continues, Sperax Token (SPA) can ever go higher reaching the price targets of 0.519$. While the future developments and partnerships could lead Sperax Token (SPA) price to Skyrocket. Before that, it has to break Previous Major Psychological Resistance.
Sperax Token (SPA) Price prediction for 2024
The most current enhancements and advancements made to the platform, as well as Sperax Token (SPA) price estimations and new project forecasts, are all considered. Furthermore, the price of Sperax Token (SPA) on the cryptocurrency market may climb as a result of this, making it an excellent investment because the price might grow to about 0.88$.
Sperax Token (SPA) Price prediction for 2025
In the following four years, Sperax Token (SPA) Price Might exceed its previous all time high. Sperax Token (SPA) may face difficulties in reaching this level unless alternative medium-, short-, and long-term price objectives for purchase or sell orders can be created. The estimate indicates that Sperax Token (SPA) has a fair probability of achieving a new ATH in the next five years.
Important Note
It’s very important to understand that Bitcoin and overall market sentiments and trends determine the price movement of most cryptocurrencies and altcoins in the market. The price prediction for Sperax Token (SPA) in this article is based on the assumption that the Bitcoin price and the overall market will grow positively in the future. If Bitcoin and the overall crypto market go down, Sperax Token (SPA) will probably also follow the market trend. However, the Price Action and Technicals do look great for Sperax Token (SPA)
Disclaimer
This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.
