GensoKishi Metaverse (MV)

1. Fundamental Analysis

1.1 Introduce

GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights”. This iconic game has a 13 year history and has accumulated a total of 8 million downloads worldwide. It already has a 3DMMORPG game with active users, with a fully-functioning 3D metaverse, that simultaneously connects users from around the world, be it smartphones, PCs, or video game consoles.The game has allowed users to come in and generate their own skins, characters, maps, and weapons. Now, on this GameFi version, all these items will be registered on the blockchain to be transferred, sold, and bought as NFTs. Thousands of players are waiting to play GensoKishi.

1.2 Basic Info

2. Technical Analysis

2.1 Kline Data

2.2 Analysis

The recent price action shows a strong upward trend from December 3rd, culminating in a peak around December 16th. Subsequently, a correction occurred, consolidating around the 0.016 to 0.017 range. While short-term volatility is likely, the longer-term trend suggests a continued upward trajectory, barring unforeseen external market pressures. However, the significant volume increase around the December 4th low and subsequent price surge indicates the potential for future price consolidations before the next leg of the upward movement begins. Sustained break above 0.0177 could indicate a resumption of the uptrend with further upside potential.