Crypto News – InvestorsObserver rates Illuvium (ILV) extremely bullishly on Saturday. The whole cryptocurrency market is up 1%, but the cryptocurrency is up 16.62% to $140.54.
Illuvium Crypto Price Hits $145 as Trading Volume Drops
Illuvium has received a very bullish rating on the InvestorsObserver Sentiment Score for the past five days. The Sentiment Score evaluates Illuvium’s performance based on volume and price change throughout the previous five days. Right now, Illuvium is trading at a five-day high of $145.
The price of Illuvium is presently above resistance. With resistance at $125.08 and support at $115.27, Illuvium could be in a risky position if the rally sputters out. Lately, the token has only traded in small volumes. This indicates that the volume for today is less than the volume for the previous seven days on average.
About Illuvium Crypto
Based on the Ethereum blockchain, Illuvium is an open-world fantasy combat game. With a variety of collecting and trading elements, Illuvium—often hailed as the first AAA game on Ethereum—aims to amuse both casual players and die-hard DeFi enthusiasts.
Within the Illuvium ecosystem, there are several applications for the ILV token. It’s the primary token that’s used to provide players rewards for their in-game accomplishments, grants them access to their portion of the Illuvium Vault, and allows them to take part in the decentralized autonomous organization (DAO) that oversees the game.
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