The Balrog, Flame of Udun (Extended Art) Price
MARKET NOTE: THE BALROG, FLAME OF UDUN (EXTENDED ART)
Updated 2026-05-06
The Balrog is in a slow downtrend with no stabilization in sight. Since peaking at $2.22, it has surrendered -15.3% and sits at $1.88, barely holding above its $1.86 trough. The real red flag is the decay velocity: -4.6% over seven days extends to -12.6% over thirty days, which suggests consistent selling pressure rather than a sharp correction that found a floor. This extended art rare from Lord of the Rings is experiencing the kind of steady bleed that catches bag holders off guard because it never crashes hard enough to force capitulation. Current price sits only +1.1% above recent lows, meaning there's minimal cushion if demand continues to soften. Watch whether the card can hold $1.85 as a psychological floor over the next two weeks. If it breaks below that level, you're looking at a deeper retest toward $1.50 territory, which would suggest the spec crowd has exited entirely.
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