### **Analysis of Celestial Handwraps**
#### **Summary**
The Celestial Handwraps are a mid-level piece of Magic gloves typically used by players as an entry-tier upgrade for hybridized or Magic-focused combat setups. They are primarily sought after by new or intermediate Magic users who wish to maximize damage output while on a budget. The item does not currently have a direct tie to elite content or special perks but is appreciated for its reliability and accessibility.
- **Release date**: Unknown (speculated to have been introduced via Treasure Hunter or an event tied to a cosmetic promo).
- **Type**: Tradeable, non-degradable gloves.
- **Rarity**: Semi-rare; widely available during its release phase but becomes scarce afterward due to lack of consistent reintroduction in the game.
- **Market activity**: Priced as a moderate, mid-range trade item often inflated during scarcity.
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#### **Historical Price and Events Impact**
Analyzing the provided price history:
- **Early February 2023**: The Celestial Handwraps had a spike from **1.07M to 7.6M on February 18**. This was likely a consequence of the **700B/hour Scrimshaw dupe**. Duped gold inflated the economy, which impacted items with limited supply like the Handwraps. The value normalized soon after as Jagex reclaimed many of the injected illegitimate funds.
- **August 2023**: The price surged to **5.7M** due to the **Necromancy skill introduction** and its subsequent boost to max combat levels. Necromancy updates lure combat-focused players, driving up the price for useful Magic-based items or anything functioning as combat gear.
- **November 2023 to Early 2024**: The item sharply fell in value to **1M in November**, then **780k in February**, and further stabilized in the **550k-542k range by March 2024**. This gradual decline likely followed the **Hero Pass backlash** and over-saturated Treasure Hunter promotions, leading to an oversupply of previously rarer items, including the Celestial Handwraps.
#### **Price Prediction and Economic Influences**
Based on historical data and RuneScape's cyclical market trends, here is the price outlook for the *Celestial Handwraps* over the next few months:
1. **Upcoming Price Movement**:
- **Q2 2024 (April–June 2024)**:
- The **Easter Egg Pets dupe** (April 2024) combined with **TH rewards adding 1B GP** on March 4 further dilutes the GP scarcity, likely keeping luxury or non-essential mid-tier items like Celestial Handwraps at a low. Expect the price to hover between **400k–550k**.
- **Q3 2024 (July–September)**:
- The **Sanctum of Rebirth release** (July 22) and increased activity in new content may lead to marginal price increases. If Magic rebalancing ties into Necromancy indirectly (e.g., synergy between magic-based combat and Necromantic content), Handwraps may see higher demand, stabilizing around **600k-750k**.
- **Beyond Q3 2024**: The expected **Mining and Smithing rework** won’t directly impact this Magic-based item, and unless re-releases occur, scarcity will build up, pushing prices upward heading into Q4 2024.
2. **Prediction for price dips/spikes**:
- Another Treasure Hunter event or glut of combat-focused promotions may drive **short-lived dips** below 500k.
- Expected **Magic-combat-related bossing content or synergies** (e.g., subsequent Necromancy updates) could cause spikes similar to August 2023, where rarity meets demand.
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#### **Flipping Margins**
- **Typical Flipping Range**: Given the current price (~542k) and occasional market volatility tying it to combat updates, a **buy low around 400k-500k and sell above 600k-700k** is a realistic flipping strategy.
- **Best Flipping Timing**:
- Early after Treasure Hunter events (oversupply = massive drop).
- Months where user-driven content like PvM or Necromancy increases demand.
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#### **Similar Items To Buy/Monitor**
Match these with the market seasons to diversify investment:
1. **Augmented Virtus Gloves** or **Cywir Gloves**:
- High-level alternatives that tend to rise alongside Magic-centric PvM demand, particularly for higher combat players.
2. **Celestial Catalysts**:
- Consumables often driven higher by skill-based rewards or upcoming Necromancy-related demands.
3. **Staves/Magic-based Weapons**:
- Entry-tier or mid-tier staves (e.g., the FSOA or low-tier staves such as Chaotic Staff) tend to see rising and falling cycles tied to combat content updates.
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#### **Seasonal Optimizations**
- **Positive Trends**:
- **September–October or December (Pre-Holiday Updates)**: Wealthier players return, driving demand for PvM gear. Additionally, holiday promotions can create scarcity as combat items are overshadowed by holiday cosmetics.
- **Pre-Necromancy or Magic Updates**: Any combat rebalance hint will boost interest in Magic-based combat consumables or gear.
- **Negative Trends**:
- Post-promo markets tend to oversupply (e.g., May updates introducing blessed scrim rewards can congest the Handwrap space).
Focus on combat trends and promotional clues for maximum ROI.
Ely Intelligence Analysis