Seasonal Tokens Weekly Price Analysis
By Heater
Prices of the tokens are up over the last week, with Winter trading around 20k Gwei compared to 17k a week ago. Spring has increased from 10k Gwei to 13k over the same period, with Summer and Autumn making more modest gains. Summer has emerged as the most stable of the prices, remaining narrowly constrained in a tight range between 13k and 15k, while the other three tokens have seen significantly more price volatility throughout the week.
Autumn has continued its pattern of alternating between the Winter and Summer prices, dipping below Summer and above Winter for brief periods towards the end of the week. The other tokens have strictly maintained their natural order for the entire week, with the more stable Summer price providing resistance that has kept the Spring price beneath it, and support that has kept Winter above it. Greater volatility of Spring and Winter have occasionally brought the prices close to that of Summer, but never past it.
A quiet period beginning late on Sunday that saw the prices barely change for two days ended with strong buying of all four tokens at the end of Tuesday. Trading of the tokens on the first centralized exchange, CoinsBIT.io, began on Tuesday and no doubt contributed to the increase in trading volume. Winter reached a high for the week above 22k Gwei early on Wednesday morning, while Spring reached a low of 9.5k Gwei on Monday before rising back above the 12k Gwei support to reach a high of 13.5k.