SLP BIG SIGNALSDue to the recent news, the Ronin ecosystem was hacked. Lots of people got scared which resulted a dump in most coins like AXS, RON, and SLP. SLP went down to about 16% because of the FUD. Focusing in the chart, signals are getting stronger and stronger. The hidden bullish divergence we have is still intact, the longer it stays that way the bigger the pump once the divergence plays out. We have a big bullish butterfly pattern and a double bottom appearing in the 1H TF. If the RSI breaks the resistance which is the black line, we will go up. We could reach levels: 0.0226, 0.0229, 0.0238 , and most likely higher once Origin comes out. If Sky Mavis continues to release the alpha test for Origin despite the hacking that happened, we will pump big. This is a good opportunity for them to release Origin. Big reversal will come anytime soon.
Skymavis
SLP Accumulation Phase?Right now we may be seeing a #Wyckoff #Accumulation Schematic on SLPUSD
Smooth Love Potion ERC-20 Contract: 0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25
Smooth Love Potion *SLPUSD* is an ingame token earned by playing Axie Infinity.
AXSUSD has created a new all time high and there are over 2.7m axies in existence now!
Considering how you need a team of 3 axies this would allow 900,000~ unique players to own 1 team of axies
Some Stats
As of this publishing
AXSUSD ERC-20 Contract: 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b
AXSUSD Market Cap: $2,311,888,586
24 Hr Trading Volume of Axie Shards: $6,613,496,185
SLP In Circulation: 541,173,609
SLP Market Cap: $165,549,901
SLP 24 hr volume: $268,186,618
ATH of AXS: $45.28
ATH of SLP $0.399727
Sky Mavis has created a powerful layered solution with the Ronin Chain. Ronin allows you to easily interact with their user interface & marketplace.