amosjohndomingo

$SLP Smooth Love Potion Key Support Level

BINANCE:SLPUSDT   SLP / TetherUS
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?

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.