- ApeCoin faces profit-taking at $0.800 but shows strong buyer support near $0.780.
- Axie Infinity needs to hold $4.85 support, while $5.00 remains psychological resistance.
- Chiliz shows potential momentum if it surpasses resistance at $0.0590, signaling strength.
Several NFT projects, including ApeCoin, Axie Infinity, Chiliz, The Sandbox, Green Metaverse Token, Gala, and Blur, emerge as leaders in social activity and trading.
The tokens ApeCoin ($APE), Axie Infinity ($AXS), Chiliz ($CHZ), The Sandbox ($SAND), Green Metaverse Token ($GMT), Gala ($GALA), and Blur ($BLUR) are the ones most attracting gaining significant momentum.
ApeCoin ($APE) Shows Potential for Growth
ApeCoin is trading at $0.7969 , up a slight 1.01% in the past 24 hours. The recent price action reveals key support levels at $0.789 and $0.780, indicating buyers are interested. If the price dips below $0.789, further support can be found at $0.770.
Source: Coinmarketcap
On the upside, there’s a psychological barrier at $0.800. Traders often take profits around this level, which could create selling pressure.
Axie Infinity ($AXS) Holds Steady
Axie Infinity is currently priced at $4.94 , reflecting a slight decline of 0.86% in the past day. Key support levels to watch include $4.85 and $4.80, where price rebounds have been noted.
Source: Coinmarketcap
Should the price drop further, the $4.75 level may serve as critical support. Resistance remains a challenge at $5.00, a psychological mark where previous attempts to sustain upward momentum have struggled.
Chiliz ($CHZ) Shows Bullish Signs
Chiliz is trading at $0.05821 , gaining 1.78% in the last 24 hours. It has established strong support at $0.05719, with additional backing at $0.05750.
Source: Coinmarketcap
Resistance levels are forming at $0.0590, where the price has struggled to maintain gains. This suggests the potential for upward momentum if the resistance is breached.
Sandbox ($SAND) Stays Neutral
Currently priced at $0.2768 , The Sandbox has seen a minor decline of 0.78%. The lowest support level is identified at $0.271, which has shown resilience in past trading.
Source: Coinmarketcap
Meanwhile, resistance lies at $0.283, where the price has previously pulled back. Market sentiment is slightly bearish, though volume remains stable.
Read also: Crypto for Gamers: Will $IMX, $BEAM, $GALA, $AXS, $EGLD See Action This Summer?
Green Metaverse Token ($GMT) Gains Momentum
With a current price of $0.1454 and a notable increase of 4.74%, GMT has been gaining ground lately. The critical resistance level at $0.145 needs to hold for the upward momentum to continue. Support levels at $0.1385 and $0.135 further bolster its position.
Source: Coinmarketcap
Gala ($GALA) and Blur ($BLUR): Volatile Markets
Gala is trading at $0.0203 , showing a slight decrease of 0.06%. Important support exists at $0.0200, while resistance is observed at $0.0210.
Source: Coinmarketcap
Read also: Crypto Market Bloodbath: What’s Next for SOL, NOT, STRK, ORDI, and GALA?
Blur ($BLUR) is priced at $0.2174 , reflecting a 4.18% increase. The trading volume has surged by 16.34%, indicating renewed interest.
Source: Coinmarketcap
Support at $0.2088 is essential, while resistance at $0.2200 presents challenges for upward movement.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
