Standard Tokenization Protocol Chart Analysis
STPT / Bitcoin BINANCE:STPTBTC
Let’s have a look at STPTBTC .
We have a long-term consolidation phase.
We say this based on the sideways action that has been happening since October 2021.
After the price peak, strong volatility developed and finally the price stabilized in a tight range.
Very low volume in a tight range = A breakout can happen anytime.
It can go either way but the bulls have the upper hand, technically, as prices are trading above the moving averages.
You can have more data by looking at the chart.
Thank you for reading.
Be safe!
Namaste.
