Quick technical analysis - today (August 7, 2025)
Current price: around $0.00058556
Daily change: slight increase of +0.26%
Highest daily price: $0.00061104
Lowest daily price: $0.00045544
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🔸️Summary of technical indicators
. Investing.com / TradersUnion
Investing.com gives a general rating: "Strong Buy" on the daily interval.
Short-term time frames provide positive signals ("Strong Buy"), while monthly periods show some warning (Monthly: Strong Sell).
. CoinLore - a broader view
Mixed technical indicators:
Relative Strength Index (RSI) at 63.8 (in the normal range to slightly overbought).
Commodity Channel Index (CCI): Sell signal.
ADX Indicator: Sell.
Some moving averages (EMA) indicate buy, while others indicate sell.
Support and resistance levels today:
Important support at $0.000509
First resistance at $0.000750, followed by resistances at $0.000995 and $0.00124.
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Summary of the technical condition for SPELL today
Element Rating
General condition Very volatile (ranging between "Strong Buy" and "Neutral")
Short time frames Strong buy signal (potential upward movements)
Long time frames Warnings (sell on the monthly timeframe)
Nearby support at ~$0.000509 - essential to stay above it
Nearby resistance at ~$0.000750 - exceeding it may push the price higher
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Summary
In the short term, there is potential upward momentum according to Investing.com and daily trading data.
However, the signals are mixed, especially with warnings in the indicators on longer time frames (such as moving averages and other indicators).
Immediate monitoring of support and resistance is very important for swift movements.
