Crypto investors are now considering price predictions for tokens serving metaverse projects. In the recent past, we have watched the superior performance of the metaverse and NFT coin market. This is why altcoin projects like MANA, SAND, AXS, and ZIL may be on the radar of new investors.
Top 4 altcoins to watch out for next week
Axie Infinity (AXS)
Axie Infinity (AXS) supply on centralized cryptocurrency exchanges, below 1.5 million It continues to hit ATLs. AXS price will test the 61.8% Fibonacci retracement to find support at $20. According to Into the Block data, 82.76% of the addresses are inside and 16.74% of the addresses are free. RSI continues to rise towards the seller’s territory at 39.63.
Zilliqa (ZIL)
ZIL’s RSI is pulling towards 52.61 as the altcoin struggles to stay between overbought and oversold levels. According to data obtained by DeFillama, which we quoted as Kriptokoin.com, ZIL reached a TVL of $22.2 million and ZilSwap held the lion’s share at 92.65%. The development activity of the protocol is associated with the growth of the token price and capitalization.
The Sandbox (SAND)
SAND’s supply on exchanges is witnessing a sharp rise as investors take profits. While maintaining the balance between oversold and overbought zones, SAND’s RSI index is on par with its biggest rival at 39.69. The Global Input/Output rate of money represents 14.75% addresses in money. It seems that 83.96% of investors exited SAND. At the time of publication, SAND’s correlation with BTC rose to 0.9. Carrier composition is 48.3% according to analysts, 34.87% according to hodls and 8.82% according to cruisers.
Decentraland (MANA)
Decentraland (MANA)’s supply on cryptocurrency exchanges continues to erode ATHs since December 2021. For two weeks, the RSI maintains the balance between oversold and overbought zones at 39.89. Decentraland (MANA) maintains a commendable price correlation with BTC at 0.91 over the past 30 days. Exit volume on collective exchanges is 3.95 million MANA at the time of publication. MANA’s listing volume on mass exchanges stands at 1.48 million MANA at press time.
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