Rising GameFi project Illuvium, the decentralized studio building the world’s first interoperable blockchain gaming universe, has seen a -6.2% retracement move for ILV price, and some worried bag-holders are now asking ‘is Illuvium going to zero?’.
This comes following something of a recovery as of late, after a disappointing -97% performance since 2021 for what was one of the most anticipated crypto game releases in history.
Yet, retracement move has been triggered by a multi-month trading channel, which has formed a capstone of resistance for any significant move above $110 since August.
#ILLUVIUM $ILV is currently facing a MULTI-MONTH RESISTANCE!
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