📶 #ARB paints us a very negative picture
Today, let's look at the 1D Arbitrum timeframe. This global situation looks quite negative 📉.
1. Key Support Levels 🛡️
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 🐻
- 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 🔍
- The overall situation looks very bearish, making me very uncomfortable.
- A "squeeze" at this high should likely work out negatively.
🚀 Xai Vanguard: Revolutionizing Blockchain Gaming! 🎮
🌟 What is Xai Vanguard?
Xai Vanguard is set to transform the gaming world by becoming the top game in the blockchain space! It’s developed by Offchain Labs using Arbitrum technology.
🏆 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.
🔥 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.
🌐 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.
💰 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! 🎉
