B3 Price Surges to Become One of the Biggest Coins on Base Chain
2025-02-14 13:51:00 Primitive Reading

 

From beincrypto by Tiago Amaral

B3 price surged roughly 50% on February 12, making it one of the fastest-growing tokens launched on Base in recent months. As a gaming-focused project founded by former Base team members, B3 has also become one of the most talked-about gaming coins this cycle.

Despite its strong rally, technical indicators suggest that trend momentum is easing, and selling pressure has started to increase. Whether B3 can sustain its bullish momentum or face a deeper correction will depend on key support and resistance levels in the coming sessions.

DMI Chart Shows B3 Trend Is Easing

B3 – which defines itself as an “Open Gaming Layer-3” – DMI chart shows a sharp decline in its ADX, dropping from 60.8 to 13.6 in the last 12 hours, signaling a rapid loss of trend strength.

The ADX (Average Directional Index) measures the strength of a trend, with values above 25 indicating a strong trend and values below 20 suggesting weakness or consolidation.

While a high ADX confirms a strong trend, a sudden drop like this often points to fading momentum or a potential shift in market direction.

  B3 DMI. Source: TradingView.  

Despite this decline in trend strength, B3 is still in an uptrend, as indicated by the +DI at 19.8, though it has fallen from 30. Meanwhile, the -DI has risen from 15.6 to 19.1, showing increasing selling pressure for the gaming coin.

Since the +DI and -DI remain close, the market is at a critical point where a decisive move could define the next trend.

If +DI regains strength, the uptrend could resume, but if -DI continues rising, B3 may enter a consolidation phase or even a downtrend. Since yesterday, B3 has surged, becoming the 9th biggest asset on Base in terms of market cap, ahead of famous tokens like AIXBT.

With its recent surge, it became the biggest gaming coin on Base ecosystem.

B3 CMF Is Currently Negative, After Staying Positive Between Yesterday and Today

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

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