SparksPay (SPK) What Does the Chart Say Tuesday?

Tuesday, February 01, 2022 06:37 AM | InvestorsObserver Analysts

SparksPay receives an average short-term technical ranking of 38 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. SPK has a superior recent technical analysis than 38% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving SparksPay a 38 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SparksPay!

See Full Report

Trading Analysis

SPK is currently $0.000235 (17.31%) above its 30-day low of $0.001359142 and -$0.001467 (-47.92%) below its 30-day high of $0.00306135. Additionally, SPK is under its average price of $0.001956966 over the past month of trading with its current price of $0.001594423. Overall, the recent trading history of SparksPay suggest that traders are currently neutral on the coin. SparksPay's market cap of $17,182.58 is relatively low for a coin. SparksPay's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, SPK's average volume is low with $3.58 worth of the coin traded over an average 24 hour period. SPK's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, SPK's volume is below its usual with $0.47 exchanged.

Summary

SparksPay's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on SparksPay (SPK).