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Heroes Of Mavia Price Prediction: MAVIA Plunges Almost 4% As Analysts Say Consider This New ICO For 100X Gains

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Heroes Of Mavia Price
Heroes Of Mavia Price

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The Heroes of Mavia Price tumbled almost 4% in the last 24 hours to trade at $3.53 as of 05:40 a.m. EST on trading volume that dropped 61% to $65.13 million

The price retracement comes days after Heroes of Mavia airdropped tokens to over 100,000 gamers and Ethereum NFT owners. Heroes of Mavia has also been able to rack up over 1 million downloads in just a matter of days.

Heroes Of Mavia Consolidating At $3, Trading On The Lower Boundary Of The Ascending Triangle

Heroes Of Mavia Price Chart Analysis Source: Tradingview.com
MAVIAUSD Chart Analysis Source: Tradingview.com

The Heroes of Mavia price is currently in a consolidation phase around $3, after an explosive move from the $2.5 support level.

Bears took control following resistance at $4.1, causing MAVIA to retreat to $3.5. Currently, the price is below the 50-day Simple Moving Average (SMA), aligning with the downward trend.

The Relative Strength Index (RSI) is trading downward from the overbought regions towards the oversold region at 39, indicating potential for a bullish rebound toward overbought regions.

Heroes Of Mavia Price MACD AND ADX

Furthermore, the moving average convergence divergence MACD line (blue) is slightly below the signal line (orange), suggesting a potential price reversal and rebound. The downward movement of the red bars indicates sellers’ dominance, possibly signaling opportune entry points as the MAVIA price decreases. The Average Directional Index (ADX) sits below 20 at 13.49, indicating a weak trend, yet overall, the movement appears neutral.

Heroes Of Mavia Price Prediction

Short-term analysis of Heroes of Mavia’s price indicates a bullish bias, signaling a potential rebound. An ascending triangle formation supports this view, suggesting bulls aim to break out of consolidation. 

Bulls seek to surpass the upper boundary of the triangle, targeting $5 after clearing the $3.8 resistance. In a reverse scenario, intense bearish pressure could lead to a retracement to support levels at $2.8 and $2.5.

Meanwhile, as the MAVIA bulls look for clarity, Sponge V2 is emerging as a compelling presale for investors with its potential to return 100X gains, like its predecessor.

Buy Sponge V2 For Potential 100x Gains

Did you miss out on the 100x pump of Sponge V1 last year? Don’t worry, you still have a chance to catch its sequel, Sponge V2, before it hits major exchanges.

Sponge V1 amassed a huge following, recording over 13,000 holders and hitting a $100 million market cap. Sponge V1 also listed on more than ten major exchanges, including LBank, BitMart, and Toobit.

It also attracted prominent individuals in the crypto space, like 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.

However, Sponge V1 was discontinued on February 5, with the 13,000 holders being transferred to the secure and cost-efficient V2 on the Polygon network.

Stake $SPONGE V2 Tokens, Get Rewarded

Stake your $SPONGE V2 tokens for an incredible 2,605% APY. Additionally, the project has introduced new features like play-to-earn gaming, which is attracting more investors and players. Its new game, Sponge Racer, which will launch soon, offers both free and paid versions where you can race and earn token rewards.

Crypto analyst Jacob Bury believes that the project has the potential to 100X on launch and surpass the success of its predecessor, Sponge V1.

To join the presale, visit the official Sponge V2 website and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card. 

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