ALICE IS GOING TO THE MOON 🚀🌓You've probably already noticed the hype around GAME projects. Today we are going to take a look at one of those projects, which we think you should have in your portfolio.
Looking at it from a fundamental analysis perspective, My Neighbor Alice is a multiplayer builder game where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade Non-Fungible Tokens (NFTs).
If you look at it from a technical analysis perspective, the coin is in a trading range for most of its time after listing - where the big players are accumulating their positions. This is also well indicated by the volume profile.
If you want to buy and hold on your spot account, you can buy now. If you want to open a good short-term position, the best opportunity to buy is after the break-down of the upper limit of this accumulation or a retest this upper boundary as support.
And of course don't forget to subscribe to our tradingview and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyse. 💚
