Illuvium Releases Arena Gauntlet Testnet Patch 1.9.0t1
Gameplay Enhancements Released: Illuvium Labs launched the Arena Gauntlet testnet patch 1.9.0t1 on October 23, 2023, focusing on improving game mechanics for a better user experience without significant financial impacts on the ILV token or other cryptocurrencies.
Market Stability Observed: Following the patch release, no immediate market shifts were noted in the ILV token, with historical trends indicating that gameplay updates typically do not affect cryptocurrency prices until mainnet releases occur.
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Technical Analysis for ILV
Technical Sentiment Analysis for Illuvium (ILV) As of , Illuvium (ILV) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ILV stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ILV is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Illuvium (ILV) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.415 | 2.287 | 3.205 | 4.077 | 4.995 | 5.867 | 6.785 |
| Fibonacci | 2.287 | 2.971 | 3.394 | 4.077 | 4.761 | 5.184 | 5.867 |
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