Here is the current, detailed forecast for today for the Spark cryptocurrency (SPK) — as of July 22, 2025:
---$SPK
📊 Current market situation
The price of SPK is $0.07335, which means a +0.64% increase from yesterday.
Daily range: $0.04250–$0.07875 — a significant spread, indicating high volatility.
---$SPK
🧭 What's happening and why
In the last 24 hours, the price has increased by +65%, and by +142% in a week — indicating a sharp upward trend.
The increase occurred due to the second phase of the 'Ignition' airdrop, with the staking deadline set for July 29 and the end of the Overdrive period on August 12 – staking reduces circulating supply and creates strong buying sentiment.
The TVL of the Spark protocol has reached a record $8.15 billion, supporting the fundamentals of bullish assumptions.
---$SPK
🔍 Short-term forecasts for today
CoinCodex forecasts a possible drop of up to -24% to $0.0315 by mid-August, but this is a more long-term approach.
CCN.com (technical analysis) indicates a potential breakout from the descending wedge, targeting $0.066–$0.0735 and a possible move towards $0.10 if the trend holds. In a bearish scenario, support lies at $0.056, and in significant pessimism at $0.046.
---
📈 Technical analysis today
TradingView indicators (via Binance Technicals) signal a neutral oscillator setup and strong buy in Moving Averages – the increase is supported by MA averages.
Today's movement will largely depend on the influx of new stakers and the end of Overdrive. Continued staking could result in testing the upper range.
---
🎯 Scenarios for today
Scenario Price range What could trigger it
Base $0.065–$0.078 Consolidation after the jump
Positive $0.078–$0.10 Inflow of staking + TVL + sentiment
Negative $0.056–$0.065 Sell after the airdrop ends
---
✅ Summary
SPK is experiencing a fundamental breakout due to staking and the airdrop.
Today is likely to focus on consolidation in the upper range of $0.065–$0.078.
If the momentum is maintained, an attack on $0.08–$0.10 is possible.
Beware of reverse sentiment after July 29, when staking ends and some tokens may return to the market.