SPK dropped 50% from its all-time high of 0.19 USD, mainly due to profit-taking and fading bullish sentiment. Whale wallets with substantial SPK holdings are significantly retreating.
Current trading is at 0.085 USD, losing 7% over 24 hours with trading volume declining more than 30%. The futures market shows a bearish trend, indicating a potential for further price drops.
If bearish conditions persist, SPK might decline to 0.067 USD. However, a spike in demand could allow it to rise above 0.091 USD, depending on market dynamics.
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