ACE is the native token of Endurance, which is a decentralized gaming/social blockchain that will accommodate Fusionist (a web3 AAA game)
Market Trends and Technical Analysis:
Short-term Trend: From the chart, the ACE token is currently hovering around $2.086, with prices fluctuating between MA7 ($2.124), MA25 ($2.103), and MA99 ($2.120), indicating some support and resistance in the short term.
Long-term Trend: Although the recent price has declined, in the long term, if the price can break through MA99 and stabilize, it may trigger a new round of increases.
In the short term, the ACE token may hover around the current price or fluctuate slightly, but if it can break through key moving averages, it could welcome new upward opportunities. In the long term, if the ACE token can achieve breakthroughs in technology, marketing, and ecosystem development, and if the overall market environment remains stable or improves, the ACE token has the potential for good growth.
The refining sector has not yet reached a concentrated outbreak stage in this bull market, but many refiners have experienced qualitative leaps compared to the last bull market. What we need to do is to lay low.