Spell Price Prediction: SPELL Loses Momentum, Outlook becomes Unfavorable

Spell Price Prediction: SPELL Loses Momentum, Outlook becomes Unfavorable
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Spell Price Prediction, January 19th: The Recommendation for the next few hours is Sell.

0 out of the 5 Momentum Indicators are Positive. 4 out of the 5 Indicators are Negative and 1 indicator is Steady.2 analysts

The latest Price of Spell Token Coin is $ 0.01188 which is 8.56% lower than 24 hours ago.

Spell Price Prediction: Momentum Summary

Momentum Indicator
Indicator Direction
Price (Last 24 hours)
Lower
Technical Indicator
Sell
Market Cap Rank
Lower
Volume
Steady
Social Media Sentiment Trend
Lower

Spell Price Prediction and Forecast: Technicals

Support
Resistance
Status
NA
NA
Sell

Spell Prediction and Forecast: Spell Token Market Cap and Volume Data

Value
Trend
Current Market Cap
$ 953 M
Lower
Volume Traded in Terms of $ Value
$ 72 M
Steady
Market Cap Rank
216
Lower

Spell Price Prediction and Forecast: Latest Spell News and Prediction Tweets

Read: Coval Price Prediction

Spell Prediction and Forecast: Crowd’s Videos

Spell Price Prediction and Forecast: Social Media Sentiment

Rank
Trend
Social Volume Rank
280th
Lower
Social Engagement Rank
549th
Lower

ABOUT- Spell Token

Spell token is a part of Abracadabra money. Abracadabra money can be called a “Spell Book” which gives users the virtue to get MIM (Magic Internet Money) by depositing collateral in the form of assets or tokens. MIM is a stable coin that is minted by Abracadabra money, it can be swapped for any other stable coin. Spell token can be used to obtain sSPELL which helps secure additional rewards and governance rights. Governance tokens allow users to gain the advantage of voting rights and management power. Furthermore, it is used for yield farming (which is lending or staking a crypto in exchange for interest and rewards) and revenue sharing. Through revenue sharing, the owners are entitled to receive a share of revenue/fees that is generated by the host platform.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

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