My Analysis of:
$SPK ,
$NEWT , &
As i have invested in all of these coins!
Yes!! Attention and observation is the very basic skill needed for trading. Above all, your reading skills whether it is about reading a chart of a coin’s history.
After the launch of these coins, as each launched followed the other, i have been paying attention to their charts and volatility on all of them is informative. There was a steep decline in the price that was around $0.83 to a range $0.46/48 when #Newt was solid aggresively after air dripping, pointing to post-air-dropping. However, RSI levels are approaching the oversold territory, and with its fair launch and the AI automation utility, i can imagine a reversal back towards $0.56 in case of a reversal of the momentum.
In the same vein, #Sahara on the rollercoaster ride, surging $0.60 at the beginning of the rally and the fixing of (73%) of about $0.085-0.09 assessment. Looking at its chart, it is apparent that ut is upon the normal hype cycle trend of the AI tokens and some stabilization element is at work. As long as it is abive $0.08 mark, then it can rally back to the range of $0.15 to $0.20 later but until then, u would still be skeptical before volume levels up.
Moreover, the very 1st launch, the older of them is #spk . Its launch was followed by a 600% rally, followed by a fall approximately a70% , and it has started to rise approximately 23% off the lows. There is a lot of volatility depicted in the chart however at the current range, it may be reaxhing low . Provided that, #spk has the capicity to deliver on its as proposed stablecoin yield roadmap, it is within the realm of posibility that this becones an effective DeFI hold, but entry timing here is of utmost importance because of its wil post-airdrop antics.
Comprehensivly, all of these three tokens are at the stage if Post launch price discovery, and in the case of a potential recovery play, you might want to Monitor #newt and Sahara as they break support and witness the subsequent confirmation.