โจ Current status of SPK
๐ฐ Current price is around 0.0783 USD (+0.14%), the highest price during the day reached 0.0853 USD and the lowest price was 0.0666 USD.
๐ On Coinbase, the price is 0.076 USD with a rise of +12% over the past 24 hours, but it is still -59% from its highest price of 0.1865 USD in July 2025.
๐ Technical analysis
๐น The currency broke a downward channel strongly and rose from 0.026 USD โ 0.126 USD at a tremendous speed.
๐น RSI indicator exceeded 86 = "Overbought" condition, but no clear reversal signs yet.
๐น Important support at 0.077 USD, and if it holds, we might see a rise towards 0.12โ0.18 USD.
๐ Fundamental analysis
๐ก The Spark protocol is strong in DeFi, distributing liquidity across multiple chains (Ethereum, Arbitrum, Base).
๐ The locked value TVL ranges between 3.5 to 9 billion dollars.
โ๏ธ Distribution: 65% for farmers, 23% for the ecosystem fund, 12% for the team.
๐ฎ Future forecasts
๐ Short term (2025): the price could reach 0.12โ0.13 USD, and if the momentum continues, it might touch 0.186 USD.
๐ Medium term (2025โ2026): forecasts indicate 0.17โ0.27 USD (+120%).
๐ Long term (2030): some sources predict it could reach 0.5โ0.7 USD, and maybe even 1 USD or more if adoption continues.
โก My recommendations for investors
1๏ธโฃ Watch the support at 0.077 USD โ breaking it could change the trend.
2๏ธโฃ Take advantage of any correction towards 0.08โ0.09 USD as a buying opportunity.
3๏ธโฃ Pay attention to Token Unlock dates as they might pressure the price.
4๏ธโฃ Follow RSI indicators to avoid buying at saturation.
5๏ธโฃ Monitor the network expansion and the increase in TVL and users.
๐ Summary
SPK currency is a promising DeFi project ๐, with a strong foundation and accelerating momentum.
๐ฎ The forecasts are very positive: from 0.27 USD soon to 0.7 USD and maybe 1 USD by 2030.
๐ฅ An exciting investment opportunity but requires strategic caution and smart risk management.
#Spark #Binance #BinanceSquare #Write2Earn #writetoearn
