In this chart,
We identify the key support level
As we can see the probability of it holding is high but given the fundamental news about Axie Infinity, and Smooth Love Potion has an unlimited supply and there is more minting that is happening the price can touch the $0.0614 level. This is one of the worst case scenario.
Hoping that it will bounce and not stay there will be an indicator that Axie is recovering from it's economic collapse.
This is one of the problems of #NFTGames...
Thank you.
What are your thoughts?
We identify the key support level
As we can see the probability of it holding is high but given the fundamental news about Axie Infinity, and Smooth Love Potion has an unlimited supply and there is more minting that is happening the price can touch the $0.0614 level. This is one of the worst case scenario.
Hoping that it will bounce and not stay there will be an indicator that Axie is recovering from it's economic collapse.
This is one of the problems of #NFTGames...
Thank you.
What are your thoughts?