Illuvium (ILV) price skyrockets 60% in 24 hours, here’s what is driving the rally

Illuvium (ILV) experienced a remarkable surge of 60% in 24 hours, currently trading at 24.41 USD. This increase is largely attributed to the enthusiasm for the Illuvium Pro League 2025, set to commence on August 16.

Despite the price rise, the Relative Strength Index (RSI) surpassing 70 signals that ILV is overbought, raising concerns of a potential price pullback. If demand remains unsteady, ILV risks falling back to 19.56 USD.

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