Bitspawn's Technical Outlook Dims for Short-Term

Bitspawn has received a weak short-term technical score of 1 from InvestorsObserver. This score is based on the token's recent trading patterns, which indicate a bearish trend. SPWN's current price is below its 30-day moving average, and it has been trading in a range between $0.000009396 and $0.00193440 over the past month. This suggests that investors are currently bearish on the token, and it may be a good time to sell or short SPWN.

Bitspawn: Short-Term Technicals Look Dim

InvestorsObserver has assigned Bitspawn a lackluster short-term technical score of 1. This rating is based on the token's recent price movements, which indicate a bearish trend. Only 1% of tokens perform worse in this category at their current price point.

Trading Analysis

Bitspawn is currently trading at $0.000062941, which is 569.88% higher than its 30-day low of $0.000009396 but 96.75% lower than its 30-day high of $0.00193440. The token's price is below its 30-day moving average of $0.000325111, contributing to its poor short-term technical score.

Bearish Sentiment

The recent trading activity suggests that investors are bearish on Bitspawn. The token's price has been trending downwards, and its technical indicators are pointing towards further declines.

Overall Assessment

Bitspawn's short-term technical analysis indicates that traders are bearish on the token's short-term movement. Investors looking for quick gains may want to consider other options.

Disclaimer

This analysis is for informational purposes only and should not be construed as investment advice. Investors should conduct their own due diligence before making any investment decisions.