SPK Price Reveals Bullish Pattern: Is a $1 Spark Rally Imminent?
Spark (SPK) is flashing a rare technical formation—and traders are betting it could trigger a moonshot.
Will history repeat? The altcoin's chart mirrors past breakouts that preceded triple-digit gains. But with the crypto market's notorious volatility, nothing's guaranteed.
Key levels to watch: A sustained push above $0.75 could confirm the pattern, while rejection here might see SPK retest support. Either way, leverage traders are already positioning—because when has reckless speculation ever gone wrong in crypto?
Spark price technical analysis
The three-hour chart shows that the Spark token price has staged a strong recovery after bottoming at $0.029 on July 9. It has slowly formed a cup-and-handle pattern, a popular bullish continuation sign in technical analysis.
This C&H had a depth of about 55%. Therefore, measuring the same distance from the cup’s upper side gives the target price at $0.1030, which is about 55% above the current level. A drop below the support at $0.05 will invalidate the bullish Spark forecast.