Current Market Overview and Recent Performance
SpaceN (SN) is currently trading at around US$1.70, down roughly –4.58% over the past 24 hours, though we’re seeing some interesting volatility on the weekly charts. Market sentiment is pretty mixed right now. Trading volume has picked up recently on Gate and other centralized exchanges, which suggests people are getting interested again. That said, the price is still way below its all-time high of nearly US$6.80 from late January 2025—we’re talking about a drop of more than 75% from that peak. With only about 40 million SN in circulation out of a maximum supply of 1 billion, the token is quite sensitive to buying and selling pressure.
Looking at the latest technical analysis from early December 2025, the broader trend on daily charts is looking mostly bullish when you look at moving averages. Most simple and exponential moving averages—from the 5-day all the way up to the 200-day—are pointing upward, and several reports are showing “strong buy” ratings. But here’s the catch: momentum indicators like MACD are pretty weak or even slightly negative, and stochastic oscillators hint that the price might be entering overbought territory in the short term.
Key Technical Levels & Indicators Guiding Price Movement
Support Zones:
There’s a crucial support area between US$1.60 and US$1.70 where the price has bounced back multiple times recently. If we break below US$1.60, we could see further drops toward the US$1.30 to US$1.50 range, depending on how much volume is moving.
Resistance & Pivot Levels:
The major resistance sits around US$2.10–US$2.40, with a key pivot near US$2.40 based on Fibonacci levels and classic pivot points. The 20- to 50-day moving averages also bunch up in the US$2.10–US$2.60 range, creating a potential ceiling unless we see some serious buying power break through.
Momentum Indicators:
– The RSI(14) on the daily chart is sitting around 55, which is pretty neutral—not overbought or oversold, but leaning slightly positive.
– MACD has been showing weak or negative values lately, suggesting some divergence even as price rises—the momentum isn’t fully backing up the move.
– ATR is showing higher volatility, which means we should expect some bigger price swings coming up.
Short-Term vs Long-Term Sentiment
In the short term—think next few days to a couple of weeks—the price action between US$1.60 and US$2.40 is what really matters. If buyers can push through and break above that US$2.30–US$2.40 level with good volume, we might see a retest of that resistance zone. But if that fails, or if we drop below US$1.60, things could get shaky and we might head down toward the mid-US$1.00s.
Looking at the longer term—several months out—the bullish trend suggested by those longer-duration moving averages is still intact. But that only holds up if the price can stay above the 200-day MA and push past that cluster of 50/100-day MA resistance. Otherwise, SN could just drift sideways or continue declining, especially with that all-time high still fresh in traders’ minds and the psychology of being down 75% from peak.
Projected Price Scenarios & Forecast
Based on what we’re seeing in the charts, here are some realistic scenarios for SN over different time horizons:
Scenario A – Bullish Breakout
If SN convincingly breaks above US$2.30–US$2.40 with solid volume behind it, the next targets would be US$3.00, and then potentially a retest of those earlier highs between US$5.00–US$6.80. Though let’s be real—moves that big would need sustained institutional interest or some major catalyst like partnerships, platform upgrades, or a broader rally in the NFT sector.
Scenario B – Sideways or Gradual Recovery
If SN stays stuck between US$1.60 and US$2.40, we’re probably looking at consolidation with maybe a slight upward drift. The price would likely bounce between the mid-US$1.70s and lower US$2.30s, with that key support near US$1.60 and resistance near US$2.30. This is basically a “wait and see” zone where you’d want confirmation before making any big moves.
Scenario C – Bearish Breakdown
If support at around US$1.60 fails with increased selling pressure, SN would likely head toward US$1.30–US$1.50. If that area doesn’t hold either, we could see a drop all the way down to US$1.00–US$1.20, especially if the broader crypto markets turn sour.
Implied Forecast Based on Current Price (~US$1.70):
Realistically, there’s probably a 40-50% chance the price holds near current levels or climbs modestly to around US$2.20 in the next 2-3 weeks. There’s maybe a 30% chance of breaking out above US$2.40, and about a 20-30% risk of breaking down below US$1.60. Keep in mind these probabilities can shift quickly based on what’s happening in the broader crypto market, volume changes, and any project-specific news.
Risks & Catalysts to Monitor
Catalysts: Keep an eye on developments in the NFT ecosystem, any token burns or unlocks, DAO rollouts, partnerships with high-profile platforms, or new wallet integrations. Spikes in volume or listings on major exchanges could also trigger moves above those resistance zones.
Risks: Liquidity is pretty thin outside of major exchanges, and there are potential regulatory headwinds, especially around NFTs. There’s also execution risk on the project side—things like transparency in metrics and tokenomics matter. And of course, if Bitcoin and Ethereum start dropping or we enter a broader bear market, SN will likely get dragged down regardless of how its own technicals look.
Final Insight
SpaceN is sitting at a pretty critical spot right now. The technicals suggest there’s upside potential if we can break through that US$2.30–US$2.40 resistance convincingly, but that support around US$1.60 is absolutely crucial—losing that level opens the door to significantly more downside. For traders, the risk-reward looks better if you’re taking positions near support with tight stop losses. For longer-term holders, watching those moving average alignments and staying on top of NFT ecosystem news will be key to figuring out if we’re headed back toward those previous highs.
