๐ถ #ARB paints us a very negative picture
Today, let's look at the 1D Arbitrum timeframe. This global situation looks quite negative ๐.
1. Key Support Levels ๐ก๏ธ
The price has been above the key support level of ~$0.95 for many months.
- Below this, there's support at the local lows around ~$0.77.
2. Bearish Patterns ๐ป
- We see the formation of a bearish "head and shoulders" pattern.
- Within the right shoulder, there's also a bearish flag pattern.
3. Market Outlook ๐
- The overall situation looks very bearish, making me very uncomfortable.
- A "squeeze" at this high should likely work out negatively.
๐ Xai Vanguard: Revolutionizing Blockchain Gaming! ๐ฎ
๐ What is Xai Vanguard?
Xai Vanguard is set to transform the gaming world by becoming the top game in the blockchain space! Itโs developed by Offchain Labs using Arbitrum technology.
๐ Key Features:
1. Real Economies in Games:
Enables billions of gamers to own and trade valuable in-game items without needing crypto-wallets.
2. Support the Network:
Operate a node to receive rewards and participate in governance.
๐ฅ Vanguard League:
Currently a channel in the Xai Discord community.
Expected to become a gaming league named Vanguard.
Those with the Vanguard role will have a head start in the League.
๐ Seamless Blockchain Integration:
Gamers will interact with blockchain tech and NFTs without realizing it.
Aimed at overcoming the adoption barrier of creating and managing crypto-wallets.
๐ฐ XAI Token Uses:
1. Gas Token:
Facilitates transactions on the Xai blockchain.
2. Validator Rewards:
Rewards for nodes validating transactions.
3. Gaming Payments:
Accepted as payment within the gaming ecosystem.
Join the revolution and be part of the future of gaming! ๐