Heroes of Mavia price fell almost 4% in the last 24 hours to trade at $3.53 at 05:40 am EST on trading volume falling 61% to $65.13 million
The price pullback comes days after Heroes of Mavia released tokens to over 100,000 Ethereum players and NFT owners. Heroes of Mavia has also been able to accumulate over 1 million downloads in just a matter of days.
Heroes of Mavia has reached 1,000,000 global downloads on iOS and Android 🎉
Join us on our mission to achieve mass adoption of Web3 gaming – one player at a time! pic.twitter.com/5KyknZaOQA
— Mavia Heroes (@MaviaGame) February 4, 2024
Heroes Of Mavia consolidates at $3 and trades at lower boundary of ascending triangle
Heroes of Mavia price is currently in a consolidation phase around $3, after an explosive move from the $2.5 support level.
The bears took control after the resistance at $4.1, causing MAVIA to retreat to $3.5. Currently, the price is below the 50-day SMA, aligning with the downtrend.
The Relative Strength Index (RSI) is trading lower from the overbought regions towards the oversold region at 39, indicating potential for a bullish bounce towards the overbought regions.
Furthermore, the MACD moving average convergence and divergence line (blue) is slightly below the signal line (orange), suggesting a possible price reversal and rebound. The downward movement of the red bars indicates seller dominance, possibly signaling opportune entry points as MAVIA price declines. The average directional index (ADX) is trading below 20 at 13.49, indicating a weak trend, but overall the move appears neutral.
Heroes Of Mavia Price Prediction
Short-term analysis of Heroes of Mavia price indicates a bullish bias, indicating a possible rally. An ascending triangle formation supports this view, suggesting that the bulls intend to break out of the consolidation.
The bulls are looking to break above the upper boundary of the triangle, targeting $5 after breaking through the $3.8 resistance. In a reverse scenario, intense bearish pressure could cause a pullback to the $2.8 and $2.5 support levels.
Meanwhile, as MAVIA bulls seek clarity, Sponge V2 is shaping up to be a compelling pre-sale for investors with its potential to generate 100x profits like its predecessor.
Buy Sponge V2 for Potential 100x Wins
Did you miss Sponge V1’s 100x bomb last year? Don’t worry, you still have a chance to see its sequel. Sponge V2before it reaches the main stock exchanges.
— $SPONGE (@spongeoneth) January 29, 2024
Sponge V1 amassed a large following, logged over 13,000 headlines, and reached a market capitalization of $100 million. Sponge V1 is also listed on over ten major exchanges including LBank, BitMart, and Toobit.
It also attracted notable people in the crypto space, such as Tron founder Justin Sun. Sun has expressed interest in trading meme coins with potential, leading him to purchase $SPONGE tokens that are currently worth approximately $90,000.
I have decided to start actively trading meme coins and promising projects through my public address. Please note that I will personally bear all potential losses from these trades and any profits made will be donated entirely to charity.
— HE Justin Sun Sun Yuchen (@justinsuntron) May 11, 2023
However, Sponge V1 was discontinued on February 5 and all 13,000 holders were transferred to the safe and profitable V2 on the Polygon network.
📣 Attention, #SPONGES!
Learn more about the token details below 👇https://t.co/TCdxgXx40w
— $SPONGE (@spongeoneth) February 6, 2024
Stake $SPONGE V2 Tokens and Get Rewards
Stake your $SPONGE V2 tokens for an incredible APY of 2.605%. Additionally, the project has introduced new features such as money-making games, which are attracting more investors and players. Your new game, sponge runner, which will be launched soon, offers free and paid versions where you can compete and win token rewards.
Crypto analyst Jacob Bury believes the project has the potential to grow 100-fold at launch and surpass the success of its predecessor, Sponge V1.
To join the pre-sale, visit the official website of Sponge V2 and link your digital wallet to exchange your ETH or USDT for V2 tokens. You can also buy directly with your bank card.
New crypto mining platform: Bitcoin Minetrix
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free Bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 50% APY