- Summary:
- Superverse Price Prediction: SUPER/USD is down 4.6% today but its outlook remains bullish. Bulls need to hold $0.53 support.
Superverse price is showing good strength despite a downtrend in the global crypto markets. Most altcoins are experiencing major losses on a Monday morning due to a 3.77% correction in the Bitcoin price. As a result, SUPER crypto is also down 4.65% on Monday.
As explained in my last article, SUPER has emerged as one of the flagship gaming tokens in the crypto industry. Led by the thought leader and major NFT/GameFi influencer Elliot Wainman, Superverse is an ecosystem of crypto games, NFTs, and DeFi.
While the project has been in development for almost five years now, it has recently caught the mainstream attention. Its major product is Impostors which is going to be the first-ever AAA social deduction game in the crypto industry.
SUPER is the native asset of this whole ecosystem, with utilities like staking, governance, and yield generation. It is currently ranked 186 on the list of the most valuable digital assets in terms of market capitalization. Although its total supply is 1 billion coins, there are currently only 451.6 million coins in circulation.
Superverse Price Prediction
On the basis of technical analysis, I have marked a few critical levels on the SUPER/USD chart. The price has been respecting these levels on multiple timeframes. The most critical level among these lines is the $0.54 level which is a major support.
As long as this level holds, there will always be a chance of more upside till $0.93 where lies the next high timeframe resistance level. However, for a long-term Superverse price prediction, the adoption stats of its ecosystem will matter the most. In this regard, the open-beta launch of the Impostors game in 2024 will play a very critical role in its lifecycle.
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