Token

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Spell Token

<p>Over the past month, the price of Spell Token (SPELL) has seen massive gains, spiking over 230% from recent lows. Despite this parabolic rise, some analysts believe the rally has much further to run. In the last week alone, SPELL has gained over 150%, with prices bursting through resistance levels as trading volume and market enthusiasm expands.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="458" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-1024x458.png" alt="" class="wp-image-446389" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-1024x458.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-300x134.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-768x343.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-1536x686.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-2048x915.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-336x150.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-783x350.png 783w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27-788x352.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-27.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>As crypto analyst and trader <a href="https://twitter.com/cryptoknight890/status/1763446014998876298?t=YVVIKOF6CwvT9WzZRcRTuw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@cryptoknight890</a> points out, SPELL remains early in its upward price expansion based on the weekly chart. With the current price at $0.0017, he sees substantial upside room even from these levels.</p>
<p><strong>Analyst Sets $0.0235 Breakout Target</strong></p>
<p>As <a href="https://twitter.com/JavonTM1/status/1763280794720592317?t=FwGZHVlMoHoCb6ZwT2Mxag&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">crypto analyst JavonMarks</a> states, SPELL prices are “continuing to climb HEAVILY,” doing a near 3X within the past 21 days. However, he sees “much MORE COMING,” with $0.0235085 remaining as the breakout target. This implies another +1,680% move could take place.</p>
<p>So while SPELL has already experienced impressive gains in recent weeks, JavonMarks believes this is just the beginning, with the rally likely to continue surging to new highs in the near future. The current price action seems to validate his bullish stance so far.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="624" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-1024x624.png" alt="" class="wp-image-446397" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-1024x624.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-767x467.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-1536x935.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-2048x1247.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-246x150.png 246w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-575x350.png 575w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28-788x479.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-28.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>While impressive, this magnitude of parabolic rise is not unprecedented in altcoin markets in the midst of major bullish momentum.</p>
<p>Despite its over 200% gain already, SPELL appears primed for exponential growth as analysts eye a price channel bringing SPELL to nearly $0.025 and then more than 1600% in the current rally. With altcoins often moving dramatically in waves, traders seem to believe this wave still has a long way to crest.</p>
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<p>The post <a href="https://captainaltcoin.com/analyst-says-much-more-to-come-for-spell-token-spell-despite-230-spike-points-to-key-price-for-major-breakout/" rel="noopener noreferrer nofollow">Analyst Says ‘Much More to Come’ for Spell Token (SPELL) Despite 230% Spike, Points to Key Price for Major Breakout</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Says ‘Much More to Come’ for Spell Token (SPELL) Despite 230% Spike, Points to Key Price for Major Breakout

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