Like a mighty hero rising to fame, the Heroes of Mavia price has soared by 25% in the past 24 hours, reaching a trading value of $3.9753 at 6:30 a.m. EST time. This monumental surge comes amidst a wave of excitement for the MAVIA airdrop, with 1.25 million tokens up for grabs to 100,000 avid gamers and Ethereum NFT owners. In just a matter of days, this recently released mobile strategy game by Skrice Studios has amassed over a million downloads, solidifying its place as the new sensation in the gaming world.
But that’s not all – Skrice Studios also launched an airdrop program for 100,000 lucky players who linked their game accounts to the Heroes of Mavia website. And in a stunning turn of events, all 100,000 slots were filled in record time, just in time for the highly anticipated token launch.
The hype surrounding Heroes of Mavia has also led to its listing on Crypto.com, making it available for purchase with over 20 fiat currencies. As the Heroes of Mavia price continues to rise, it is now filling up a pennant triangle pattern on the 30-minute timeframe. This technical formation is a sign of continued upward movement and traders are eagerly waiting for the right moment to join in on the action.
For those unfamiliar with the pennant pattern, it occurs after a sharp rise in price (known as the mast or pole) and represents a period of consolidation and indecision in the market. The price is contained within a symmetrical triangle, indicating a potential breakout in either direction.
With technical indicators pointing towards a bullish outlook, the Heroes of Mavia price is poised for a potential breakout soon. The Bollinger indicator shows the price comfortably moving in the upper half, while the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are both signaling strong momentum in favor of the bulls.
As the Heroes of Mavia price aims to reclaim its previous high of $5.3120, it could even surpass the $6.0000 psychological level, representing a 50% increase from its current value. However, in the event of a bearish turn, the Heroes of Mavia price may find support at the $2.0000 level.
In this thrilling saga of Heroes of Mavia, only time will tell if the brave hero will continue to rise and conquer new heights, or if it will face challenges and retreat back to familiar territory. As the market eagerly watches, all eyes are on the Heroes of Mavia price, waiting to see what its next move will be.
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