Update 03/22/23

Floor prices, Technicals, News, Analysis

Floor and listing depths at the time of writing:

• Checks VV Editions: .69, 96 listings to 1 ETH

• Checks Originals: .35, 105 listings to .60 eth

• Opepen: .30, 111 listings to .36 eth

• Merge: .019, 102 listings to .024 eth

• Matchbook: .0035, 674 listings to .01 eth

• This Artwork is Subject to Change: .057, 99 listings to .079 eth

• Seizon: .185, 20 listings to .20 eth

• Otherdeed: `1.56, 221 listings to 1.62 eth

• HV-MTL: 2.07, 115 listings to 2.45 eth

• Renga: 1.28, 103 listings to 1.45 eth

• Beans: 1.22, 106 listings to 1.32 eth

• Azuki: 13.175, 37 listings to 14.10 eth

• Mayc: 12.649, 91 listings to 13.03 eth

• Bayc: 58.29, 53 listings to 70 eth

• Bakc: 6.39, 102 listings to 7.5 eth

Recap of Artwork is Subject to Change:
If you bought the golden pocket a few days ago, that was a great entry.

Monday:

Tuesday:

In-depth TA on Renga:

Typically when buying NFTs and using charts as a guide, you look for a few things, RSI, VWAP AND Regression. I want to say 95% of times, when a pump goes to regression we see a slight retracement depending if oversold, overbought conditions apply. However, there are other factors that can influence price such as sweeps, announcements, airdrops, Whales, etc.

In this case, we’re right in the middle on RSI so this is looking to move up. One indicator that shows that this is coming out of a downtrend is break out of the green trend lines. You can see the green candle breaking just outside.

In the next chart below we see that we move even higher. Take note of the RSI from the last pump vs this pump now.

We see here that Renga blows past regression without any retracement. Theres anticipation on twitter around the event thats coming up is likely influencing this pump. We’ve seen this in the past with Azuki and the box of dirt.

This is where you want to prepare which play you want to do. Do you want to ride to see if it will reach old highs? take profits? Thats up to you

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Entry and Exit Analysis for Renga: