RENA

Fundamental Analysis

Introduce

Warena gives you everything you want from an NFT game. It’s a play-to-earn metaverse that allows you to personalize your in-game characters and interact with characters from other universes like Cat Gunner and Axie Infinity in Warena combat games. Warena features thrilling action-survival gameplay where human and zombie teams face off against each other in a zombie apocalypse scenario. Players can choose to inhabit different lands, trade warriors & NFTs, battle against each other, and play in tournaments.

BasicInfo

Technical Analysis

Kline Data

Analysis

The price action over the past 30 days exhibits significant volatility. There was a notable upward trend from early to mid-December, peaking around 0.002204 on Dec 13, followed by a sharp correction. The price then generally consolidated with some fluctuations. There is a visible resistance around 0.0016 and support around 0.0014. Recent trading days show a slight downward pressure with prices struggling to break above the 0.0016 level. Volume spikes on some days suggest strong buying and selling pressures at various points. There was high volume on the price peak. Recent trading volume is low. The overall trend is bearish. Short term suggests consolidation with a potential bearish bias. A sustained break above 0.0016 could signal a trend reversal, while a drop below 0.0014 could trigger further declines.