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In the cryptocurrency ecosystem, one of the data points closely monitored by investors is token unlock events. According to the Token Unlocks data analysis platform, token unlocks worth $36.2 million will occur over the next seven days. Tomorrow, the local token of Heroes of Mavia, developed by Skrice Studios, will have its token unlock event, which is drawing significant attention.
Final Hours for MAVIA
According to data shared by the Token Unlocks platform, token unlock events worth $36.2 million are scheduled for next week, marking some of the lowest token unlock activities recently. Among these unlocks, the token unlock event for MAVIA, the local token of Heroes of Mavia developed by Skrice Studios, is particularly noteworthy.
The event, happening tomorrow at 03:00, will involve a quantity of tokens representing 24.29% of MAVIA’s total supply, with a market value of $30.79 million. With just hours left until the event, investors are keenly following the process, and at the time of writing, MAVIA tokens were trading at $4.02.
MAVIA Chart Analysis
The two-hour MAVIA chart shows a rising trend line that has been providing significant clues to investors for the last two weeks. Following the recent support touch, MAVIA’s price managing to stay above the EMA 200 (red line) suggests a positive long-term outlook.
The most important support levels on the two-hour MAVIA chart are, respectively, $3.96, $3.80, and $3.65. Particularly, a two-hour bar closing below the $3.80 level, which intersects with the EMA 200 average, could create selling pressure on the MAVIA front.
The most critical resistance levels to monitor on the MAVIA chart are, respectively, $4.05, $4.26, and $4.47. Especially, a two-hour bar closing above the $4.26 level, a significant barrier during the recent upward momentum, could accelerate MAVIA’s price gain.
