AGLD Technical Analysis Report | 08th-February-2024


Developed by Dom Hofmann, co-founder of the social media platform Vine, Loot offers a unique twist on the NFT landscape. Unlike traditional NFTs, Loot is a text-based, randomized adventure gear generated and stored on-chain. The project intentionally lacks a front-end interface, images, statistics, or predefined functionality. Instead, it consists of a collection of 8,000 text-based NFTs, each containing descriptions of various adventure gear such as the “Holy Greaves of Giants” or the “Grim Shout.” This open-ended approach allows the community to interpret and utilize the Loot NFTs in their own creative ways.

At the time of writing, AGLD was trading at $1.210.

AGLD Daily Thursday Chart-08th Feb 2024
Adventure Gold (AGLD) Chart

AGLD after taking multiple supports at $0.45 witnessed a sharp rally and the prices surged almost by 279% up to $1.688. The asset saw some profit booking as it faced strong resistance at the recent highs and the prices corrected to $0.92. Post this move, AGLD made a ‘Bullish Harami’ candle and has rallied up to $1.31. The asset has strong support at $1 whereas $1.65 will act as a strong resistance and to rally further it needs to break, close, and sustain above $1.65.

Key Levels:

  Support 2Support 1AssetResistance 1Resistance 2

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