Price Spell Token (SPELL)
5.624014231   -0.192689%

Market Cap. : IDR 604,051,187,400 -0.192689%

Spell Token Price Live Data

The live Spell Token price today is IDR 5.624014231 with a 24-hour trading volume of IDR 112,554,897,030. We update our SPELL to price in real-time. Spell Token is -0.192689% in the last 24 hours. The current ranking is #259, with a live market cap of IDR 604,051,187,400. It has a circulating supply of 107,406,000,000 SPELL coins and a max. supply of 0 SPELL coins.

If you would like to know where to buy Spell Token , the top cryptocurrency exchanges for trading in Spell Token stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Spell Token to IDR

What is Spell Token (SPELL)?

"SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00. SPELL can be staked to earn sSPELL, which grants governance rights and other rewards."

Resources

•  Whitepaper
•  Official website

Buying tips Spell Token (SPELL)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Spell Token (SPELL). Technically you can combine several indicators to get the right formula for determining the entry point Spell Token. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Spell Token can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Spell Token can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Spell Token. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Spell Token. So when is the right time? the following are brief tips.

• When the price Spell Token is high, the first moment that could be a good time to sell Spell Token is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
• Prices Spell Token Rise In the Short Term, Very fast price fluctuations make investors Spell Token too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Spell Token experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Spell Token owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
• Trading volume Spell Token high, Price increase & decrease chart Spell Token can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Spell Token, of course, besides that there are many other indicators that you can use to trade/invest.