Today OKX announced that it will list the Tottenham Hotspur FC Fan Token (SPURS) on October 26th. According to crypto analyst David, the impact of this could send 2 tokens flying. The analyst notes that FC Barcelona Fan Token (BAR) and Juventus Fan Token (JUV) prices are bouncing from important support zones. Thus, the tokens showed bullish signals. The analyst expects them to show a strong increase by the end of October.
OKX is listing SPURS soon!
Recently, the OKX exchange has been attracting funds due to the tokens listed on OKX creating short-term trends. cryptokoin.comAs you follow from , Big Time (BIGTIME) started a Gamefi trend by making 34X. Additionally, Wall Street Memes (WSM) created a meme coin trend by doing 4X.
Today OKX announced that it will list Tottenham Hotspur FC Fan Token (SPURS) on October 26 at 13:00 BST. This is likely to trigger a Fan Token trend in late October. In particular, the Fan Tokens price has gone through a long accumulation period. Moreover, it is currently very close to support levels.
FC Barcelona Fan Token (BAR) price analysis
BAR price has recovered from the long-term support level of $2. Thus, it broke above the descending resistance line formed since the local peak of $3.1 on August 7. This indicates that the correction phase is over. It also gives a bullish signal indicating that a new bull trend may be forming. The daily RSI (Relative Strength Index) has formed a significant bullish divergence and moved above the 50 level. This is a sign that the bulls are taking control. If a price swing occurs, Fan Token price could rally towards the key horizontal resistance at $3.1 (40.47%) and $3.5 (64%).
Juventus Fan Token (JUV) price analysis
JUV price bounced back from the key $1.9 support level on October 20. An important point to note is that JUV’s trading volume increased significantly on 5 trading days, including October 4, 5, 6, 10, and 11 (green ellipse). Increased trading volume near the support level is a sign of whale accumulation. The daily RSI has formed a significant bullish divergence. Additionally, it broke above the 50 level, supporting a potential recovery. Therefore, the Fan Token price is likely to experience strong fluctuations (increase) once the recovery phase occurs. Potential targets are $2.4 (21.95%), $3 (50%) and $3.9 (100%).
The predictions in the article belong to the analyst and are definitely not investment advice. We strongly recommend that you do your own research before investing. We also point out that the crypto market is highly volatile and risky.
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