SLP No support but great goal
Scenario one:
If the price does not break below the level of 0.0614, the price target will be in the range of 0.4 to 0.4249.
Scenario two:
If the level of 0.0614 is broken, the price will fall to the range of 0.0269 to 0.0325, and from there the target price will be in the range of 0.4 to 0.4249.
According the fundamental data, I think the second scenario is much closer.
Because no tokens are burned and most Axie Infinity players are not interested in keeping Rewards, For this reason the sales pressure is very high.
Holders of this currency should not worry at all. Technically, this currency has a great potential for growth, and this happens with Sharp candlesticks, just enough for the right price at the right time ;-) Look at the chart.
And in the end, I hope the Axie Infinity group will pay more attention to the context of this currency.
If the price does not break below the level of 0.0614, the price target will be in the range of 0.4 to 0.4249.
Scenario two:
If the level of 0.0614 is broken, the price will fall to the range of 0.0269 to 0.0325, and from there the target price will be in the range of 0.4 to 0.4249.
According the fundamental data, I think the second scenario is much closer.
Because no tokens are burned and most Axie Infinity players are not interested in keeping Rewards, For this reason the sales pressure is very high.
Holders of this currency should not worry at all. Technically, this currency has a great potential for growth, and this happens with Sharp candlesticks, just enough for the right price at the right time ;-) Look at the chart.
And in the end, I hope the Axie Infinity group will pay more attention to the context of this currency.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.