Santos FC Fan Token Rises 19% Following Neymar Transfer Speculation
Santos FC Fan Token (SANTOS) increased by 19% in 24 hours, reaching $3.37. This surge follows the Brazilian club's hints about star player Neymar returning after his contract with Al Hilal SFC ended.
- Neymar had a brief stint at Al Hilal, making only seven appearances.
- Santos FC expressed interest in re-signing him, supported by social media posts from players like Richarlison.
The SANTOS token has dropped 31.92% over the past year and is down 88.5% from its all-time high of $28.60. Trading volume increased by 239.88% to $44.94 million.
SANTOS Price Analysis
- On-balance volume indicates buyers are responding positively to Neymar's potential signing.
- Resistance level to watch is at $3.5 for further price movement.
- Relative Strength Index (RSI) is at 56, indicating bullish control.
- MACD shows a bullish divergence, suggesting potential for higher prices.
Source: TradingView
Source: TradingView