SLP is one the most underrated in the metaverse world.
This token belongs to Axie infinity game:
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace
0.06 was big support for SLP which it lost it but still it has strong potential to fly to the moon!!
Its on 1.6 Support of Fib Retracement on the wave I specified on the chart and it has also support from from trend-base Fib. This is very possible area for reversal.
We have also been in oversold area for a while.
I draw 2 possible scenarios for SLP.
Entry: 0.03-0.04
Targets:
1) 0.063
2) 0.08
3) 0.010
4) 0.15
5) 0.20
6) 0.30
7) 0.040
8) 0.050
SL: Close daily below 0.028
I believe it will hit all 8 targets even more.
This token belongs to Axie infinity game:
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace
0.06 was big support for SLP which it lost it but still it has strong potential to fly to the moon!!
Its on 1.6 Support of Fib Retracement on the wave I specified on the chart and it has also support from from trend-base Fib. This is very possible area for reversal.
We have also been in oversold area for a while.
I draw 2 possible scenarios for SLP.
Entry: 0.03-0.04
Targets:
1) 0.063
2) 0.08
3) 0.010
4) 0.15
5) 0.20
6) 0.30
7) 0.040
8) 0.050
SL: Close daily below 0.028
I believe it will hit all 8 targets even more.