Hot Spot Analysis on November 20, 2023
GameFi Coin - The GTA 6 trailer is set to be released in early December. This may lead to a significant amount of speculation surrounding GameFi.
AVAX - AVAX worth 200 million dollars will be unlocked on November 24.
CFX has strong support at 0.14, with resistance at 0.18. The recent breakthrough was unsuccessful and fell back. It is advisable to enter at a lower position and wait for a second attempt. The monthly trend is very strong. (Do not chase after it has risen.)
ILV - Illuvium Beta 3 will be launched on Epic Games on November 28, and ILV will benefit from the current GameFi narrative.
Following the recent drama at OpenAI, the demand for decentralized AI has become clearer, leading to the dismissal of OpenAI's CEO. Many AI coins have been on the rise.
PENDLE - Bithumb will list PENDLE on the Korean market, with trading starting at 3:00 UTC. (Do not chase after it has risen.)
The FXS V3 version is about to be launched, and FXS also has a buyback plan, repurchasing at prices of 5 and 4.
BADGER is currently preparing for a daily pullback, and it is advisable to enter lightly around 3.45.
DYDX will have a large unlock in early December, and there are signs of a rise in selling pressure. Pay attention! (Do not chase after it has pulled back)
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Thank you for reading, and stay tuned for updates.
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