An overview of ILV: it is a cryptocurrency associated with the decentralized gaming world and NFTs, and it is considered one of the leading GameFi projects on Ethereum. The current price is approximately $15.38, with slight fluctuations today between $14.91 – $15.99.
Technical indicators:
Moving averages indicate strong selling in the short and medium term.
The Relative Strength Index (RSI) is in the oversold area, indicating clear selling pressure.
MACD and momentum show a clear weakness in momentum that reinforces the current sell signals.
Support and resistance levels:
The main support is at $14.63.
The main resistance is at $15.92.
Forecast:
The price could reach around $19.9 with a gradual upward potential if new projects and in-game events continue, and in 2026, the range is $16 – $21.7 with an average of around $19.8. Movements will be linked to purchasing power and the overall market size.
In summary, ILV is suitable for long-term investors due to Illuvium's ambitious projects and partnerships, but in the short term, it faces selling pressure and weakness in momentum.
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