Price Analysis of Bitspawn (SPWN) and Helmet.insure (HELMET)
Bitspawn (SPWN)
Bitspawn investors are very eager to witness huge gains in the price and demand of Bitspawn. This is the reason they have formed a strong bond with the bulls, which has resulted in forming a strong rally.
So far, the attempt made by the bulls has proven to be extremely helpful, as the price of Bitspawn has elevated substantially in the past 24-hours. The report from CoinMarketCap shows that the investors formed a 92.15% rally that has pushed the price of Bitspawn to its current high price of $0.004287 per SPWN.
The report shows that the bulls came into action in the past 24-hours because, before the rally, the price of Bitspawn was at a low of $0.002156 per SPWN. The trading volume for Bitspawn has also been growing at an extremely high rate in the past 24-hours. So far, the 24h trading volume elevation achieved by Bitspawn investors is 3961.35%.
The surge in the trading volume is a great achievement for the investors as well as the bulls. The buyers may continue with their strong buying sentiments as they have very high hopes for Bitspawn’s price.
If the rally continues, then the price of Bitspawn may grow up to a high of $0.007300 per SPWN. As the investors keep going for more gains, then the price of Bitspawn may continue elevating.
In near future, the buying power of the bulls may surge, bringing the unit price of Bitspawn all the way up to $0.009801 per SPWN.
Going forward, technical factors such as oscillators, moving averages, and the RSI may also start supporting a strong buying trend. This would result in pushing the price of Bitspawn to a high of $0.01152 per SPWN.
Helmet.insure (HELMET)
Helmet.insure is also experiencing an uptrend in the past 24-hours, and the majority of the buying pressure built for the recent rally is from the investors’ end. The bulls were not able to form strong rallies in favor of Helmet.insure, as every rally they formed was met with strong selling sentiments.
It was the investors with positive and neutral sentiments for Helmet.insure who decided to aid the bulls. They pushed them enough to form an 87.51% rally in the past 24-hours. At the time of publication, the trading price of the HELMET/USDT pair is worth $0.05991 per HELMET.
Going forward, the data suggests that Helmet.insure may continue witnessing a positive trend. This is clearly visible through the 3698.55% elevation that has been recorded in Helmet.insure’s the trading volume in the past 24-hours.
If the rally continues and the investors keep adding more money to acquire more Helmet.insure for their wallets, Helmet.insure’s price may surge to $0.08892 per HELMET.
