Bloktopia which gained popularity as its price went up, is a decentralized metaverse as a virtual reality skyscraper made up of 21 levels. However, after the fanfare ended, so did the BLOK upward wave, then BLOK entered into a corrective phase; a long one. Recently, BLOK broke the major downtrend line, then pulled back down again and now it seems trying to break the minor downtrend line. If successful, an upward wave could start and possibly a reversal happens. Let's see what happens.
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BLOK on its way up toward the first horizontal resistance area.
BLOK on its way up toward the first horizontal resistance area.
Is it possible that Bloktopia is forming a Cup and Handle pattern? Let's see what happens.