The Fear & Greed Index combines several market and investment indicators, including 30- and slp coin forum 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Smooth Love Potion investors’ sentiment, and is based primarily on Bitcoin-related market data. The Smooth Love Potion price prediction on CoinCodex is calculated using the historical Smooth Love Potion price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.

In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 920 exchanges. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Just like with any other asset, the price action of Smooth Love Potion is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates.

When SLP initially launched, it didn’t actually have a fluctuating value as a cryptocurrency. However, this all changed when a liquidity pool for SLP was created on Uniswap. As we mentioned, the Binance Innovation Zone has unveiled support for the Pokémon-inspired game. Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools.

The current Smooth Love Potion sentiment is bullish according to our technical analysis. Rewards are tied to completing player vs. environment (PvE) and player vs. player (PvP) objectives in the game. The SLP token lets players breed Axies, which are in-game characters that can be used in battles or sold. Additionally, SLP can be a form of payment at certain stores, restaurants and other establishments in the Philippines, where Axie Infinity is a tremendously popular game. Based on multiple technical quantitative indicators, the current forecast for Smooth Love Potion in 2024 is bullish. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Smooth Love Potion or not.

Smooth Love Potion (SLP) Price Prediction 2024, 2025–2030

When trying to make a Smooth Love Potion forecast, many traders also try to monitor the activity of SLP “whales”, which are entities and individuals that control large amounts of SLP. Since the Smooth Love Potion market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Smooth Love Potion’s price movements. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 56.19, which indicates that the SLP market is in a neutral position. The Axie Infinity team cut the SLP token issuance rate by 56% to increase its rarity and deflation.

Each candlestick will display SLP’s opening price, closing price, as well as the highest and lowest prices that Smooth Love Potion reached within the 1-hour period. Most traders use candlestick charts, as they provide more information than a simple line chart. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the SLP price moves above any of these averages, it is generally seen as a bullish sign for Smooth Love Potion. Conversely, a drop below an important moving average is usually a sign of weakness in the SLP market. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.

1. As a result, you may need to convert your dollars, pounds or euros into a mainstream cryptocurrency such as Ethereum first.
2. Smooth Love Potion traders use a variety of tools to try and determine the direction in which the SLP market is likely to head next.
3. The price of Smooth Love Potion increased by 36.08% in the last 1 year, while the coin’s 3-year performance is -95.27%.
4. Nonetheless, at the time of writing the circulating supply of SLP was in the tens of millions — and this ERC-20 token does not have a hard cap.

Smooth Love Potion analytics

Axies can be collected, raised, trained, and used for battles within the Axie Infinity universe. Each AXIE has unique characteristics to define rarity and strength with all genetic information stored on the blockchain. When two Axies are bred, the spent SLP is burned and replaced with a new Axie NFT. Each successive breeding requires more SLP token depending on the Breed Count of each parent Axie. Prior to SLP breeding Axies required XP (experience points) earned through battle with automated distribution. Upon release of Axie Infinity Ronin mainnet SLP was rebranded from Small Love Potion to Smooth Love Potion.

What is the Smooth Love Potion Fear & Greed Index and what does it indicate?

Moving averages are among the most popular Smooth Love Potion price prediction tools. As the name suggests, a moving average provides the average closing price for SLP over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for SLP is a sum of SLP’s closing prices over the last 12 days which is then divided by 12. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity.

Will Smooth Love Potion reach $10?

Want to convert the Smooth Love Potion price today to your desired fiat currency? Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Smooth Love Potion. Currently, the Smooth Love Potion Fear & Greed Index stands at 90, which means that investors’ sentiment is in the so-called Extreme Greed zone. However there is substantial interest in the Philippines for the SLP to PHP price and also in Australia for the SLP to AUD and Europe for the SLP to EUR prices.