Will IMVU And LUSH AI Price Reclaim Upper Level This Year?

VCORE is an ERC-20 metaverse token entering the IMVU metaverse, an existing community, economy, and virtual world ecosystem. 

MVU token’s mobile, desktop, and web apps serve a worldwide audience throughout 100+ countries, with support for 13 distinct languages, fostering a creator-driven economy for users to connect, socialize, and earn. VCORE is not accessible in the United States and other non-supported nations.

The transition of the IMVU metaverse to a web3 economy includes a community of regular users and a thriving economy created by existing platform users. 

IMVU Token (VCORE) Technical Aspects

IMVU price plummeted by 59.75% in trading volume on all tradeable platforms in the last 24 hours, as per CoinMarketCap. Its market value is $546.927.48 and its trading volume is $39,835.58. There are 226.37 Million VCORE self-claimed assets in circulation, while its total supply is 8 Billion VCORE.

The IMVU token highlights that the price has been in an uptrend over a daily timeframe and showed a sharp increase over time. The price flew from the demand zone at $0.001800 to the supply level at $0.005350. This scenario looks like a quick dump over the chart as the uptrend got violated in the last couple of days.

However, the IMVU crypto revealed a sign of sustenance as the price is not going below the support level of around $0.002000 on the chart.

At the time of publishing, the crypto experienced a 0.71% surge in the last 24 hours, trading at $0.002408. Therefore, if IMVU manages to surge based on buyers’ interest, the resistance would be at $0.003336.

On the flip side, if the IMVU crypto price fails to stay above $0.002000, it could decline further and reach new depths.

IMVU
Source: IMVU/USDT: KUCOIN.1.D. By TradingView

About Lush AI Token (LUSH)

Lush is a leading expert company in the field of generative AI and operates by creating lifelike AI content.

The AI models are trained with high precision, adjusting each part of their body and face to match different scenarios and settings. This ensures that the models used from the collection will look naturalistic and consistent in any situation.

Lush’s AI models can be used to attract and engage audiences by making eye-catching dance videos or showcasing different outfits. Furthermore, Lush also aims to simplify the methodology of working with social media influencers, by eliminating several conditional needs for contracts and photoshoots. Lush’s users can easily choose an A.I. model and give a prompt to generate the content they want.

Lush leverages blockchain technology to make its A.I. models unstoppable, open, and available to everyone. Lush also presents a comprehensive platform that comprises a peer-to-peer marketplace for A.I. models and an OnlyFans-like service powered by AI.

Technical Snapshot Of LUSH Token

LUSH crypto asset trading volume plummeted by 34.28% in the last 24 hours, as per CoinMarketCap. Its market value is $7,639,301 and its trading volume is $170,785. There are 4,773,886,658 LUSH assets in circulation, and the total supply is at 20,000,000,000 LUSH.

The LUSH price structure shows that it rose from the demand zone of $0.0000000600 to the supply level at $0.0000006000. It showed impressive performance so far as it rose 48.35% this week, 348.91% this month, and 747.72% this quarter, these occurrences signify that the uptrend was steady.

The price could continue rising and has shown a shortfall to form a support at $0.0000004650. From this support, it could fly to retest the supply at $0.0000006000 followed by $0.0000006500. However, if the price slips to $0.0000004650 level, this could open the back door for a free-fall.

IMVU
Source: LUSH/WETH: UNISWAP.1.D. By TradingView

Summary

The IMVU crypto revealed a sign of sustenance as the price is not going below the support level of around $0.002000 on the chart. Moreover, the LUSH price formed support at $0.0000004650. 

Technical Levels:
IMVU

Support Levels: $0.002000

Resistance Levels: $0.003336, $0.005350

LUSH

Support Levels: $0.0000004650

Resistance Levels: $0.0000006000, $0.0000006500

Disclaimer

In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

Source: https://www.thecoinrepublic.com/2024/02/28/will-imvu-and-lush-ai-price-reclaim-upper-level-this-year/