NFT Market Leaders: ApeCoin, Axie Infinity, and More Capture Attention

• ApeCoin faces profit-taking at $0.800 but shows strong buyer support near $0.780.
• Axie Infinity needs to hold $4.85 support, while $5.00 remains psychological resistance.
• Chiliz shows potential momentum if it surpasses resistance at $0.0590, signaling strength.

Several NFT projects, including ApeCoin, Axie Infinity, Chiliz, The Sandbox, Green Metaverse Token, Gala, and Blur, emerge as leaders in social activity and trading.

The tokens ApeCoin ($APE), Axie Infinity ($AXS), Chiliz ($CHZ), The Sandbox ($SAND), Green Metaverse Token ($GMT), Gala ($GALA), and Blur ($BLUR) are the ones most attracting gaining significant momentum. 

ApeCoin ($APE) Shows Potential for Growth

ApeCoin is trading at $0.7969, up a slight 1.01% in the past 24 hours. The recent price action reveals key support levels at $0.789 and $0.780, indicating buyers are interested. If the price dips below $0.789, further support can be found at $0.770.

On the upside, there’s a psychological barrier at $0.800. Traders often take profits around this level, which could create selling pressure.

Axie Infinity ($AXS) Holds Steady

Axie Infinity is currently priced at $4.94, reflecting a slight decline of 0.86% in the past day. Key support levels to watch include $4.85 and $4.80, where price rebounds have been noted. 

Should the price drop further, the $4.75 level may serve as critical support. Resistance remains a challenge at $5.00, a psychological mark where previous attempts to sustain upward momentum have struggled.

Chiliz ($CHZ) Shows Bullish Signs

Chiliz is trading at $0.05821, gaining 1.78% in the last 24 hours. It has established strong support at $0.05719, with additional backing at $0.05750. 

Resistance levels are forming at $0.0590, where the price has struggled to maintain gains. This suggests the potential for upward momentum if the resistance is breached.

Sandbox ($SAND) Stays Neutral

Currently priced at $0.2768, The Sandbox has seen a minor decline of 0.78%. The lowest support level is identified at $0.271, which has shown resilience in past trading. 

Meanwhile, resistance lies at $0.283, where the price has previously pulled back. Market sentiment is slightly bearish, though volume remains stable.

Read also: Crypto for Gamers: Will $IMX, $BEAM, $GALA, $AXS, $EGLD See Action This Summer?

Green Metaverse Token ($GMT) Gains Momentum

With a current price of $0.1454 and a notable increase of 4.74%, GMT has been gaining ground lately. The critical resistance level at $0.145 needs to hold for the upward momentum to continue. Support levels at $0.1385 and $0.135 further bolster its position.

Gala ($GALA) and Blur ($BLUR): Volatile Markets

Gala is trading at $0.0203, showing a slight decrease of 0.06%. Important support exists at $0.0200, while resistance is observed at $0.0210. 

Read also: Crypto Market Bloodbath: What’s Next for SOL, NOT, STRK, ORDI, and GALA?

Blur ($BLUR) is priced at $0.2174, reflecting a 4.18% increase. The trading volume has surged by 16.34%, indicating renewed interest. 

Support at $0.2088 is essential, while resistance at $0.2200 presents challenges for upward movement.