SPS price is at all time low level. It may be time to reverse.. We are close to reverse time from the bottom. Even SPS was one of the best performer in July, It went down from 0.024 USD to 0.014 USD where is all time low level...
Here you can see daily chart of SPS and There are similarity between the beginning of July pump and now!
There are descending wedge patterns on SPS price chart. It worked at July pump before, now we are on the bottom of descending wedge pattern. So, I may be pick up discounted SPS.
The volume is also increasing day by day...
After touching the bottom of descending wedge pattern, SPS mat break up this pattern and go up as July!
When we look at weekly chart of SPS, We are 8th red week. It is record for SPS to see these candles in 2023...
Weekly Fisher Indicator is also going to the bottom and will reverse in a few weeks..
So, It may be time to reverse and pick up discounted SPS..
I believe that Hive price will reverse in a few weeks. SPS will also reverse..
We will see...