Illuvium’s Surge and Its Risks

🔵The Illuvium (ILV) token jumped 60% in a single day, reaching $24.41 amid hype surrounding the upcoming Illuvium Pro League 2025 esports launch. Investors surged in, driving the price higher — but signs of overbought conditions are beginning to appear.
🔵The RSI index surpassed 70, signaling a potential correction. Further pressure comes from a spike in the Age Consumed metric, as long-term holders begin to take profits. If the hype fades, ILV could retrace to $19.56. However, sustained demand might still push the price toward $30