Nakamoto ;Play to earn Game (NAKA/USDT analysis)📉📈
Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #2957,/ kind : POLYGAN TOKEN/ Market Cap:$16,547,527===> GREAT ✅✅✅
Total Supply: 180,000,000 /// Circulating Supply: 31,500,000.00 NAKA (~ 17.5%) ====> risky ❌📛
Top 10 Holders : 99.1% ====> risky ❌📛
🔰What Is NAKA ?
Nakamoto Games is a play-to-earn gaming platform offering multiple fun and addictive crypto games. The platform will bring massive earning opportunities to both gamers and non-gamers as we expect crypto gaming will continue to grow.
We aim to attract both gamers and game developers. Developers will also have the tools to launch and monetize their own gaming creations on the platform. We are building an entire ecosystem for play-to-earn games, not just a single game.
coinmarketcap-nakamoto.games
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📈📉 TECHNICAL
As you can see on the daily timeframe for NAKA/USDT , It is trading about $0.527 right now.
Since NOVEMBER ,it has been declining under a strong descending trend line when it touched the descending trend lines for several time as a pullback and had further fall subsequently , recently it was be able to breakout the first trend line and had a nice pullback on it ,so it has a drop more than 90% so far and VWAP indicator shows it should return back to that balanced price , thus it aims to breakout the second trendline which if It be able to do that , so by crossing over of 14ema and 20ema ,it can start a new rising to higher resistance level and zone so in this case my midterm target is about the VWAP indicator price, but notice that if it lose this recent support level it will probably go down , because its still under the EMAs and there is a possibility of further fall .
🛑resistance level: $0.85 ///$1.7-$2/// $3.2-3.6///descending trendlines
❇️support levels: (FIBO level)- $0.4/$0.29/$0.20
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
🔹Rank #2957,/ kind : POLYGAN TOKEN/ Market Cap:$16,547,527===> GREAT ✅✅✅
Total Supply: 180,000,000 /// Circulating Supply: 31,500,000.00 NAKA (~ 17.5%) ====> risky ❌📛
Top 10 Holders : 99.1% ====> risky ❌📛
🔰What Is NAKA ?
Nakamoto Games is a play-to-earn gaming platform offering multiple fun and addictive crypto games. The platform will bring massive earning opportunities to both gamers and non-gamers as we expect crypto gaming will continue to grow.
We aim to attract both gamers and game developers. Developers will also have the tools to launch and monetize their own gaming creations on the platform. We are building an entire ecosystem for play-to-earn games, not just a single game.
coinmarketcap-nakamoto.games
------------------------------------------------------------------------
📈📉 TECHNICAL
As you can see on the daily timeframe for NAKA/USDT , It is trading about $0.527 right now.
Since NOVEMBER ,it has been declining under a strong descending trend line when it touched the descending trend lines for several time as a pullback and had further fall subsequently , recently it was be able to breakout the first trend line and had a nice pullback on it ,so it has a drop more than 90% so far and VWAP indicator shows it should return back to that balanced price , thus it aims to breakout the second trendline which if It be able to do that , so by crossing over of 14ema and 20ema ,it can start a new rising to higher resistance level and zone so in this case my midterm target is about the VWAP indicator price, but notice that if it lose this recent support level it will probably go down , because its still under the EMAs and there is a possibility of further fall .
🛑resistance level: $0.85 ///$1.7-$2/// $3.2-3.6///descending trendlines
❇️support levels: (FIBO level)- $0.4/$0.29/$0.20
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
