As a major sector in the cryptocurrency industry, “games” are now being sought after by a large number of cryptocurrency users. In this sector, $ACE can also be called the big brother. Recently, ACE officials also issued an announcement stating that they will be upgraded. .

What can this upgrade bring to ACE? What impact will it have on the subsequent price of $ACE ?

The first thing we need to know is that the investor behind the ACE project is BINANCE LABS.

And among the several new tokens recently launched on Binance, tokens from the gaming sector also account for the majority. From this, we can see that Binance attaches great importance to the gaming sector.

As for this upgrade, judging from the official announcement, there are several concise points:

  • Add new web3 asset class ES

  • $Peace

  • ACE Arena

  • pledge

  • More partners

More partners will allow the ACE project to gain more development opportunities, and ACE token holders can pledge their tokens to ensure the security of the network and participate in network governance decisions. Increase token holders' participation in the project, increase trust in the project, and continue to motivate stakers.

This upgrade transforms Endurance into a platform that not only meets the needs of current developers, but is powerful enough to support innovation over the next decade.

In general, this upgrade can give the project better development prospects. Since there are development prospects, the rise of tokens will come sooner or later, not to mention the current upward economic development situation.

What we have to do is to choose the best time to buy $ACE , so that we can make greater profits.

The current circulation of ACE is around 15%, and the heavy supply of tokens is 140 million. In other words, ACE actually still has relatively large selling pressure, which we can also see from the depth chart.

通过上图来看,目前可以预测到的是,首先会涨到13左右的价位,然后就会进入一个震动上涨的区间。

Zooming out on the depth chart, we can see that there will be selling pressure around 13.6 and around 14. This may be the market sentiment caused by the previous two sell-offs, which formed a selling pressure around the 14 price.

Although there is relatively large selling pressure, through the first two falls, we can also get two strong support points around 10.8 and 10. If the subsequent price falls, you can enter the market in batches at these two points.

Summarize

  1. This upgrade is good for the token, coupled with Binance’s investment. The project has good development prospects

  2. The short-term price prediction of the token will rise to around 13-14. It may fall back after breaking through 14, but the overall price will still go up.

    recommend:

    Those who are aggressive can enter the spot market with a small position at the current price, while those who are conservative can wait until around 11.8 to enter the spot market, and first look at 13-14.

  3. If we take a long-term view, it doesn’t matter when to enter the spot market, because the opening price of ACE is 7 dollars, and the highest is around 17 dollars. I am optimistic that it can return to the highest point, and may even break through 17 dollars. #ACE2.0升级 #热门话题