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Cryptocurrency News Articles

The Heroes Of Mavia (MAVIA) price has surged 307% in the last 24 hours to trade at $0.54 as of 7 a.m. EST

Mar 17, 2025 at 11:06 pm

The MAVIA/USDT price action shows a sharp price surge, currently trading at $0.5365, an increase of  slightly more than 100%.

The Heroes Of Mavia (MAVIA) price has surged 307% in the last 24 hours to trade at $0.54 as of 7 a.m. EST

The price of Heroes Of Mavia (MAVIA) has skyrocketed 307% in the past 24 hours, reaching $0.54 by 7 a.m. EST. This surge follows a massive 5,730% pump in trading volume to $111 million.

The MAVIA/USDT price action reveals a strong upward move, currently trading at $0.5365 with a gain of slightly more than 100%. The price has been oscillating between $0.2646 (24-hour low) and $0.6552 (24-hour high), indicating significant bullish pressure.

Previously, MAVIA underwent a prolonged consolidation phase between July and mid-November 2024, where the price remained range-bound, accumulating liquidity. However, in December 2024, the market structure shifted as MAVIA entered a bearish channel, leading to a continuous decline.

The Break of Structure (BOS) suggests that the downward trend has been disrupted, and the Market Structure Shift (MSS) further confirms a potential bullish reversal.

MAVIAUSDT Analysis. Source: Tradingview

The chart also shows a key support level around $0.10 – $0.12, which previously acted as a demand zone. If price action manages to stay above this region, we can expect a strong breakout toward the $1.00 handle.

The next major resistance zone is between $2.00 and $2.50, which could be tested if the current momentum continues.

The Relative Strength Index (RSI) stands at 79.36, indicating that MAVIA is overbought. While bullish pressure is strong, a temporary pullback or consolidation could occur before the next upward move.

The RSI’s moving average is approximately 30.16, showing a transition from bearish to bullish momentum.

If MAVIA maintains its current trajectory and successfully breaks above $1.00, we can anticipate further upside toward $2.00 – $2.50. However, failure to hold above key support levels could trigger a retracement back to $0.20 – $0.30 before another attempt at a rally.

The breakout from the bearish channel and market structure shift indicate that MAVIA is entering a new bullish phase. However, traders should keep an eye on a possible correction before the continuation of the uptrend.

Solaxy Presale Closes On $27 Million – Next Crypto To Explode?

As Heroes of Mavia continues its bullish rally, Solaxy (SOLX), a leading Layer-2 solution for Solana, has surged past $27 million in presale funding.

The project has drawn investor interest by addressing Solana’s persistent network congestion. That has worsened since January, when the TRUMP and MELANIA meme coins launched on the blockchain, triggering a surge in trading volume.

Upcoming $SOLX @SOLAXYTOKEN looks to be a game changer. First ever layer 2 block chain technology unleashing full speed, scalability, reducing congestion on #Solana. Currently in recording breaking presale closing March 15, 2025 https://t.co/SKjCQEmoXN More in thread….. pic.twitter.com/5TDKOeCTSP

— Loot Loop (@LootLoopNews) February 18, 2025

Solaxy boosts Solana’s speed by handling transactions off-chain before settling them on the mainnet. It also makes building on Solana easier with ready-to-use tools, helping developers launch or upgrade projects smoothly.

Another massive utility of Solaxy is that it offers the best of Ethereum and Solana. SOLX merges the benefits of Ethereum’s liquidity and growing decentralized finance ecosystem with Solana’s efficiency and speed, connecting the two most prominent crypto ecosystems in the Web3 space.

99Bitcoins, a top YouTube crypto channel with over 726K subscribers, says SOLX could soar 100X after its launch.

The project’s presale staking program also offers token holders a huge 153% annual yield. More than 7.5 billion SOLX tokens are already staked.

Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001666 each using BNB, ETH, USDT, or a bank card.

Interested investors should buy before a price hike in a little more than a day.

Visit the Solaxy website.

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Other articles published on Apr 22, 2025