<img src="https://crypto.news/app/uploads/2023/10/crypto-news-Nugget-Rush05.webp” />
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.
- XRP finds support around $0.60. Fall in trading volume.
- NuggetRush aims to reshape crypto gaming in an ongoing pre-sale. The play-to-earn (P2E) game immerses players in a mining adventure where they compete for valuable rewards, such as machinery and nft characters.
As XRP swings below a critical resistance level, NuggetRush (NUGX) aims to disrupt the crypto gaming scene. The platform features a play-to-earn (P2E) game focused on the extraction of mineral resources.
XRP fights crucial resistance
As the cryptocurrency market gradually recovers, XRP has yet to break through a resistance level as of December 19, sparking debates among analysts.
On-chain data indicates that XRP is dealing with downward momentum, raising the possibility of a reversal.
XRP is now trading around the $0.60 support zone, a crucial level closely monitored by traders to assess its short-term trend.
Even though market trends are somewhat horizontal during the holidays, XRP lacks a clear directional bias.
A key factor impeding XRP's progress is the substantial drop in trading volume, preventing it from participating in the broader altcoin market rally.
According to Coinglass, XRP's daily trading volume plummeted when prices were rejected in the $0.68 range last week, falling by $148.4 million between December 9 and 19.
Despite breaking critical support, the lack of sharp declines suggests that investors can still have confidence in XRP.
The possibility of a bounce from current levels could reignite buyer interest. However, for a bullish reversal, XRP will likely require positive developments or new partnerships to bolster investor confidence.
On December 20, XRP was trading at $0.606, but prices could reach $0.625 by the end of 2023, driven by growing investor confidence.
However, uncertainties in the market lead some analysts to caution against considering XRP as a favorable cryptocurrency to purchase.
NuggetRush Aims to Reshape crypto Gaming
In the ongoing pre-sale, NuggetRush is attracting investors.
Its play-to-earn (P2E) game immerses players in mining. Participants compete for valuable rewards, including nft characters and essential machinery.
NuggetRush offers an engaging mix of gameplay, quests, and opportunities to collaborate with other players.
Additionally, users can create custom avatars that transform into the coveted NFTs. Players are given crucial machinery to overcome the game's challenges right from the start.
They explore mineral-rich locations, set up mining operations, and even make profits by trading character NFTs and other in-game assets on the NuggetRush marketplace.
Players show off their strategic prowess by forming a team of nft characters with unique mining and business management skills. Smart investments in upgraded equipment and trained nft characters are vital to strategic progress in NuggetRush's game.
Gameplay advancements improve mining efficiency, qualifying players for more rewards. Some lucky participants even win RUSHGEM, which sets NuggetRush apart, as these gems can be redeemed for real gold delivered to the player's chosen location.
NuggetRush has raised over $1 million in the ongoing pre-sale, selling over 99 million NUGX.
The pre-sale is in round 3, with NUGX trading at $0.013.
Prices will rise to $0.015 in the next round before finally trading at $0.02.
Visit the NuggetRush pre-sale website
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
