Fanspel Token Price Analysis : 11 May 2021

Fanspel came off a mixed start to the week and saw the price plummet to a low of $0.52 at the closing of Monday. The bulls later rebounded the price to $0.57 at the opening sessions of the next trading day but couldn’t retain such high positions as the price dropped to $0.54 before the day ended.

Fanspel came off a mixed start to the week and saw the price plummet to a low of $0.52 at the closing of Monday. The bulls later rebounded the price to $0.57 at the opening sessions of the next trading day but couldn’t retain such high positions as the price dropped to $0.54 before the day ended.

A very volatile week for Fanspel investors across the globe as the price fluctuated heavily both in the bullish and bearish directions. After a few sessions at the start of Tuesday, a strong upside trend was seen surging past $0.55 and peaking at $0.56. Just after peaking at $0.56, a sequence of strong bearish lines was seen bringing the price down to $0.55. The bulls tried to raise the price back to higher levels but the bears aggressively slumped the price down to the $0.52 resistance. Still, the bulls fought to raise the price but weren’t successful as the bears dropped the price back to the $0.52 resistance.

On Wednesday, the bulls pulled through and brought the price up from the $0.52 resistance to $0.53 and maintained that bullish course to $0.54. As expected the bears reacted and reduced the price to $0.53. A sequence of uptrend lines followed and raised the price aggressively to $0.55 support. In the following sessions of the Wednesday intraday, the price fluctuated at various levels before closing at the $0.55 support.

A huge dump was found at the start of Thursday, bringing the price down to $0.53. The bulls took control of the next few sessions, raising the price but couldn’t break the resistance at $0.55. The dump continued and reduced the price to the newly-established $0.53 resistance.

The bearish trend was dominant over the next sessions as the price was further reduced to $0.52 for the second time in the week. The bulls then steadily increase the price to emerge at $0.54. However, the price was later reduced to about $0.53 by the closing of the Friday.

On Saturday, the bulls picked up from the successful ending from the previous day and increased the price to $0.55. The price pretty much fluctuated till the next trading day before going on a strong bullish course to its current price at $0.56.