Decentraland

bullish

Axie Infinity

Meta

<p>The post <a href="https://coinpedia.org/price-analysis/must-watch-meta-and-gaming-tokens-with-2x-upside-potential/" rel="noopener noreferrer nofollow">Must Watch Meta and Gaming Tokens With 2x Upside Potential</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>As the recovery run in the crypto market gains momentum, all the minor segments are making a comeback. Fueled by the additional momentum in the market, Meta and gaming tokens surge to new heights.&nbsp;</p>
<p>So, let’s have a look at the technical price charts of high-performing metaverse and gaming tokens for bullish openings.</p>
<h2 class="wp-block-heading" id="h-top-meta-and-gaming-tokens-to-buy-sandbox-sand">Top Meta and Gaming Tokens To Buy: Sandbox (SAND)</h2>
<p>With a triangle pattern in the daily chart, the SAND price action shows a quick reversal from the bottom support trendline. Forming a long-tail candle, the underlying demand propels the meta token back to the $0.26 level.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf8l7SkMrqRTYPiimpbgaSRUj2eYRazHloicoGvX_3G6f6OYePRsXm-b7npY5WnS12qOTVRIasCsTCmQcAdg1-9r6RL9MaPIdn4K39X3R_g8XRhFDvAFn0nP422Mk9J6sZt79Rl2XM3yc3m-CAiLSOOhTk?key=vvYmwGSFfgH_OKkyll9gfg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/OFLh6yh1/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>As per the Fibonacci level, a bullish breakout leading to a breakout run could pump the SAND price higher to the 50% level at $0.48.&nbsp;</p>
<h2 class="wp-block-heading" id="h-decentraland-mana">Decentraland (MANA)</h2>
<p>With a sideways trend in the weekly chart, the MANA price shows multiple bullish support at the $0.25 support level. With multiple bouncebacks from the demand cushion, the recent long-tail formation in the weekly candle teases a bull cycle.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfn4bo_VkTuB9gQdf6MySCGgJfOkNKEhaPIANEnGsohtJuHTry8Pw22ox6JY9siYQQYp-SPT6wtoytQFgjsYRomOQIHT0gN0-CYYZ-PmxYLKTdonH_JRilji697ltf7clv2zFpkL-1Vk6uJQU8943FScHTJ?key=vvYmwGSFfgH_OKkyll9gfg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/a7RXjAKt/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>Further, the weekly RSI line shows a bullish divergence in the last two dips at $0.25. Hence, the momentum indicator bolsters the chances of a bull run.&nbsp;</p>
<p>As per the Fibonacci levels, the uptrend in MANA price could aim for the 38.20% Fibonacci level at $0.45, a crucial supply zone.&nbsp;</p>
<h2 class="wp-block-heading" id="h-axie-infinity-axs">Axie Infinity (AXS)</h2>
<p>With a similar price action to other meta and gaming tokens, the AXS price shows a declining trend. The downfall in the Axie Infinity token forms a falling channel pattern, with the negative cycle hitting the support trendline.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf3sGGCMxOUi79Pjk70gAywYf7OXJa6HMJrBFd6mDQ6Ft7vtnxZfDbApz0flenAjBULn-Eg0yXfFiEsCHJKS7AL29I8p43jS6LW0bldRzR8sh8CPCx4DGHLjymxxfs78byOzV2wAWd_4DJ7pip6V2jASK8?key=vvYmwGSFfgH_OKkyll9gfg" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/voC3FGEz/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>However, the bullish recovery with a long-tail rejection candle leads to a 12.30% jump, forming an engulfing candle. The bullish trend influences a potential crossover in the MACD and signal lines.&nbsp;</p>
<p>Hence, an uptrend in the AXS token can result in a breakout run of the 50D EMA and the overhead trendline. The overhead target for the gaming token is $8.67 and $12.55.</p>

Must Watch Meta and Gaming Tokens With 2x Upside Potential

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