"The spring breeze warms the crypto world, and the niche sector returns with strength! Meta game currency soars into a new era, what are you waiting for?"
A Fantasy Journey into the Metaverse: Sandbox (SAND)
First, let's turn our attention to Sandbox (SAND). As a leader in the metaverse, SAND's price trend has recently shown an exciting triangle pattern on the daily chart. This is not just a simple graphic change, but also a signal that market forces are ready to go. From the rapid reversal of the bottom support trend line to the strong appearance of the long-tailed candle, SAND seems to have regained its former vitality overnight and is moving step by step towards its target of $0.26.
The bright light of trading perspective
From the perspective of Fibonacci levels, this bullish breakthrough of SAND is undoubtedly full of infinite possibilities. Once the breakthrough is successful, its price is expected to jump directly to $0.48, achieving an amazing increase of 50%. This is not only a recognition of the value of SAND, but also an affirmation of the potential of the entire metaverse market.
Solid pace on the weekly chart: Decentraland (MANA)
Let's look at Decentraland (MANA), a veteran in the metaverse field. On the weekly chart, the price of MANA shows a sideways trend, as if quietly accumulating strength. At the support level of $0.25, MANA has repeatedly shown tenacious bullish support. Each decline is accompanied by a rapid rebound in demand, and the recent long-tail pattern on the weekly chart indicates the quiet arrival of the bull market cycle.
Bullish signal below the RSI line
Even more exciting is the performance of the weekly RSI line. In the last two declines, the price of MANA showed a clear bullish divergence at $0.25. This phenomenon undoubtedly strengthened the market's confidence in its future trend. According to the prediction of the Fibonacci level, the upward trend of the MANA price is very likely to target the 38.20% Fibonacci level, which is the key supply area of $0.45.
Rising from adversity: Axie Infinity (AXS)
Of course, we can’t forget Axie Infinity (AXS). Although AXS’s price action is a bit sluggish compared to other meta and gaming tokens, its inherent tenacity cannot be ignored. While the descending channel pattern formed during the downtrend is worrisome, the performance when the negative cycle hits the support trendline is eye-catching.
The reversal force of the engulfing candle
The emergence of the long-tailed rejection candle in particular gave AXS a glimmer of hope. The bullish recovery momentum was so strong that it directly led to a 12.30% increase and formed a strong engulfing candle pattern. The potential crossover of the MACD and signal lines adds infinite possibilities to this upward trend.
The road ahead: the sea of stars
Therefore, we have reason to believe that the upward trend of AXS tokens will continue. Once it breaks through the 50D EMA and the upper trend line, its upper target will be $8.67 and $12.55. This is not only a re-evaluation of the value of AXS, but also a deep exploration of the potential of the entire game token market.
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