Rally

Life

Read

Stellar

<p>Memes and AI narratives have taken the show in this bull run. Some sectors that were hot in the 2021 bull run, such as metaverse and gaming, haven’t produced big gains for holders so far in this cycle.</p>
<p>However, every narrative in crypto has its own time, and we might just be witnessing the awakening of metaverse and gaming projects right now.</p>
<h2 class="wp-block-heading" id="weekend-rally-brings-life-to-gaming-tokens">Weekend Rally Brings Life to Gaming Tokens</h2>
<p>Some of the big names from this sector such as SAND, MANA, and AXS are showing impressive momentum this weekend.</p>
<p>The SAND price pumped 53%, while MANA and AXS pumped 35% and 23% respectively.</p>
<p>Crypto analyst Miles Deutscher highlighted this movement on his X (formerly Twitter) account, noting: “When do we run back the metaverse narrative? I still remember how ridiculously hot it was in 2021.”</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">When do we run back the metaverse narrative?<br><br>I still remember how ridiculously hot it was in 2021. <a href="https://t.co/VhuWdIOaIE" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VhuWdIOaIE</a></p>— Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1860458323935723690?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="technical-analysis-shows-promising-signs">Technical Analysis Shows Promising Signs</h2>
<p>Looking at MANA’s chart, the token has been in a downtrend since its significant spike in late 2021. After consolidating around the $0.30 support zone throughout 2023, MANA is now showing signs of life with a sharp increase to $0.67. This move has pushed the price above key moving averages, potentially signaling a shift in momentum.</p>
<p>SAND has followed a similar pattern, declining from its all-time high of over $7.50 in late 2021. After finding support at $0.30, SAND has now broken above key resistance levels and is trading at $0.61. While still within a larger bearish structure, this recent rally suggests increasing buying pressure.</p>
<p>Both tokens are attempting to form a base above their recent consolidation zones, with potential resistance levels around $0.80-$1.00 for MANA and $0.50-$1.00 for SAND. The movement above key moving averages could indicate a possible trend reversal, though it’s still early to confirm a long-term change in direction.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/is-stellar-xlm-price-about-to-skyrocket-analyst-predicts-a-massive-bull-run/" target="_blank" rel="noopener noreferrer nofollow">Is Stellar (XLM) Price About to Skyrocket? Analyst Predicts a Massive Bull Run!</a></strong></em></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/sand-mana-and-axs-prices-pump-are-metaverse-and-gaming-narratives-waking-up/" rel="noopener noreferrer nofollow">SAND, MANA, and AXS Prices Pump – Are Metaverse and Gaming Narratives Waking Up?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SAND, MANA, and AXS Prices Pump – Are Metaverse and Gaming Narratives Waking Up?

Table of Contents

CaptainAltcoin

Other articles published on Nov 24, 2024

If XRP Stays Above This Key Level, $2 Will Come Before Major Pullback

Rekt Capital Predicts Potential Surge for Avalanche and Dogecoin

Cameron Winklevoss Urges Investigation Into SBF’s $100M Campaign Finance Violations

IntoTheBlock Identifies Factors Indicating Speculative Overheating in Crypto Market

Solana Skyrockets: Spot ETF Filings Surge Amid Pro-Crypto Regulatory Shift!

Shytoshi Kusama Cites 'World of Statistics' to Prove Shiba Inu (SHIB) Supremacy

Join our free newsletter for daily crypto updates!