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PIXELS game in RON $PIXEL Project description: PIXELS is a play-to-earn game built on the Ronin Network, where players can own, trade, and develop in-game assets using blockchain technology, allowing for a decentralized gaming experience with real-world value. Type of project: Play-to-Earn (P2E) game on the Ronin Network. Is it under a block?: Yes, PIXELS operates on the Ronin Network, which is a Layer 2 scaling solution built specifically for gaming, especially to support Axie Infinity and similar decentralized games. Latest update or news: As of July 2024, PIXELS announced the launch of new in-game features, including a marketplace for trading in-game assets and customizable avatars, further boosting player engagement and the utility of NGM:PIXEL tokens. Narrative: Play-to-Earn (P2E), NFT gaming, and decentralized virtual economies. Why is it a good investment? Institutional Backers and Angel Investors: Sky Mavis (Creators of Axie Infinity): Sky Mavis, the team behind the Ronin Network and Axie Infinity, has supported PIXELS as part of the growing ecosystem of blockchain-based games on the Ronin Network. Animoca Brands: A key player in the blockchain gaming space, Animoca Brands has invested in PIXELS to expand its reach in the play-to-earn sector and integrate NFTs into the gaming ecosystem. Yield Guild Games (YGG): Yield Guild Games, a decentralized gaming guild that focuses on play-to-earn economies, has backed PIXELS, allowing its players to earn through the game while using their assets within the YGG community. Angel Investors: Aleksander Larsen (Co-founder of Sky Mavis): While not directly confirmed as an angel investor in PIXELS, Larsen’s strong advocacy for the Ronin Network and play-to-earn ecosystems supports the development and promotion of PIXELS. Gabby Dizon (Co-founder of YGG): Gabby Dizon has expressed interest in supporting play-to-earn games like PIXELS that help gamers earn real-world value through blockchain assets, though no direct investment is confirmed. Futuristic Use Case: Play-to-Earn model: PIXELS allows players to earn real-world value through in-game activities, where they can buy, sell, and trade NFTs and digital assets. The more they engage, the more NGM:PIXEL tokens they can earn. NFT-based economy: With PIXELS, players can own their in-game assets as NFTs, giving them full control over buying, selling, or using these assets in different contexts, creating a player-driven economy. Integration with other games on Ronin: Being part of the Ronin Network, PIXELS has the potential to integrate with other games in the ecosystem, allowing players to use their in-game assets across multiple platforms, creating a cross-game economy. Metaverse potential: As the game evolves, PIXELS could expand into a broader metaverse environment, where players can interact with virtual worlds, trade assets, and build virtual economies that transcend individual games. Why will it make a significant amount of profits? Unique competitive edge: PIXELS is built on the Ronin Network, which is already a proven platform for scalable blockchain games, offering low fees and high transaction throughput. This positions PIXELS ahead of P2E games on other blockchains that face scalability issues. Growing player base on Ronin Network: As the Ronin Network continues to attract more players and developers through games like Axie Infinity, PIXELS benefits from being part of this growing ecosystem, driving demand for NGM:PIXEL tokens as more users engage with the game. P2E and NFT integration: PIXELS integrates the play-to-earn model with NFT ownership, allowing players to monetize their in-game activities and assets. This dual utility of NGM:PIXEL tokens as both a reward and a medium for trading in-game assets makes it attractive to gamers and investors alike. Sustainable in-game economy: The in-game economy of PIXELS is built around the trading and development of NFT assets, creating a sustainable revenue stream through transaction fees, marketplace sales, and NFT minting, which will drive the demand for NGM:PIXEL tokens over time.
by osodatsismoso
RONUSDT: Is a Major Rally on the Horizon?Yello, Paradisers! Are we standing on the brink of a major rally for #RONUSDT, or is another fake-out just around the corner? Let’s dive into the latest technicals and uncover the crucial price action you need to watch right now! 💎#RONUSDT is currently showing strong bullish signs, bouncing back from a critical support zone at $1.378. The cryptocurrency has been navigating a falling wedge pattern, which raises the probability of a bullish continuation from this key support level if it manages to sustain its current momentum. 💎The immediate focus is on the internal resistance level at $1.922. A breakout above this point could trigger a substantial upward move, opening the path for further gains. A decisive move above $1.922 would serve as a strong bullish signal, potentially propelling #RONUSDT towards higher resistance zones and driving the price even higher. 💎However, caution is still warranted. If momentum weakens and the price fails to hold the current support, we could see a pullback toward $1.152. This level might act as a buffer against further declines, but it would also indicate a weakening of the bullish trend. Therefore, it is crucial to stay alert and monitor price action closely around these key levels. 💎#RONUSDT is at a pivotal point. A firm hold above $1.378 and a breakout above $1.922 are vital to confirm a continuation of the bullish trend. Keep these levels in focus and adjust your strategy accordingly as the market unfolds. Stay focused, patient, and disciplined, Paradisers! 🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Will #RONUSDT Trigger a Massive Bullish Rally or Face a Steep DeYello, Paradisers! Are you prepared for a potential game-changer with #RONUSDT? Let's dive into what's brewing beneath the surface. 💎#RON is flashing signals of a possible bullish continuation from a crucial support zone at $1.509. We've observed #RONIN navigating a descending channel for an extended period. Recently, after regaining momentum at this key support, it's positioning itself to break above the resistance level. 💎If the price holds strong at the $1.509 support, there's a high probability of a bullish surge. Should #RONUSDT break through the descending resistance, it could target the strong resistance zone and possibly go beyond. However, if the momentum falters at this critical support, we might see a bullish rebound from the lower demand zone around $1.349. 💎Stay sharp and keep a close watch on #RON's price action. A breakdown below the demand area, confirmed by a daily close, could put the bullish outlook at risk and lead to further declines. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
RON - A reversal with a leading breakout is expected to push the#RON/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support zone around 1.5 price range. + A strong reversal can be expected from the support zone which gives a good opportunity for a long trade. + Enter a long trade only after the price reversal. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.6 Stop Loss: 1.14 ------------------------------ Target 1: 1.848 Target 2: 2.320 Target 3: 2.752 Target 4: 3.658 Target 5: 5.308 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RON/USDT descending channel bullish horizons? 👀 🚀 RON💎 Paradisers, get ready for an exciting journey with #RONUSDT! It's currently making its mark in a demand zone, hinting at a promising bullish path ahead. 💎 Recently breaking free from a descending channel, #RON is on an upward trajectory. At this point, #RONIN is gathering steam for a bullish surge from the $2.662 demand zone, aiming to push past significant supply barriers. 💎 If the bullish momentum continues, we anticipate CBOE:RON challenging the current supply zone. Piercing through could mean setting its sights on conquering higher supply levels. 💎 On the flip side, if #RON encounters resistance and loses steam, a bullish push from the $2.480 demand level might be in play. A fall beneath this level could lead to a notable decline.
Long
by MyCryptoParadise_Simon
Ronin Network Staking $RON $AXSDon't think I'll take this trade (simply because I think there are better trades out there), but I like the thought-experiment around $RON staking coming early next year, what that means for $AXS outflows and where price could go. The fib extension and 10 cents price marker represents a further and healthy 50% drop, and if the timing is right, potentially seeing that AXS → RON sell-off as tribal followers think RON will do another crazy move like AXS did and exchange into it.
by InevitableCrypto
Potential Upronner TrapGME's strong downron from 160 indicates that upronner sentiment is wavering. This chart estimates potential highs for the next period of upward pressure using a fib retracement. As in the 2 hour chart the white energy looks to be closing before the Red RSI in the 4 hour falls below fifty, it seems that upward pressure will continue for a bit, but if it fails to retake the previous high (160$) a large downron is likely imminent, although even closing slightly above the previous high could still result in a downron. These points are likely invalidated and position should be reevaluated if there is a close above 160$, however this seems unlikely. The reason this post is labeled as "neutral" is that a short-term long play could be made on the potential upronner trap. Translations for philistines: Upronnish = "Bullish" or long Downronnish = "Bearish" or short
NYSE:GME
by georgeisneat
7
USDRON: Important test ahead for the next 6 months.USDRON is currently on a strong 1D selling sequence (RSI = 38.588, MACD = -0.024, ADX = 36.022) that is testing the middle trend-line of its long-term Channel Up. On top of that it has formed a 1D Death Cross (MA50 crossing below the MA200). Last time the pair formed this pattern, the price tested the middle trend-line of the Channel Up but after a rebound to the 1D MA50, it broke below it and initiated a 6-month bearish sequence towards the bottom of the Channel. Monitor the price action close to that line and if broken, be prepared to trade a similar pattern. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
by InvestingScope
2
USD/RON is expected to continue its upwards movement𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair is expected to continue its upwards movement after it bounced back from an uptrend support line. Romania has been the next target of US militarization. The shift in the US defense strategy comes amid the widening gap in the relationship between Washington and Ankara. The United States was already able to establish a strong relation with the V4 Nations (Hungary, Poland, Czeckia, and Slovakia). However, among the eastern bloc, Romania was the most vulnerable. The country was also sitting is a major geopolitical location as it borders Ukraine. In 2014, Russia annexed Crimean, a Ukrainian territory. Ukraine is a candidate for accession in the European Union and the US-led NATO (North Atlantic Treaty Organization) alliance. The US has recently appointed a Resident Legal Advisor to Romania to help the country combat corruption, money laundering, organized crime, and possibly to shrug off any Chinese influence.
by Financebroker