Anticipating Axie Infinity's Price: AXS Surges 14%, While a New Coin Achieves $2.7 Million in Presale with Three Days Remaining

Axie Infinity Price Surges 14% in 24 Hours

Axie Infinity price has experienced a surge of 14% in the past 24 hours, reaching $5.75.

A Possible Bull Run for Axie Infinity Price

The Axie Infinity token has broken above the 4.7 1-day resistance level and is currently testing the $5.80–$6 200-exponential moving average (EMA) zone. If it manages to turn around at this level, the price could soar to $6.5–$7.5 soon.

$AXS flipped 4.7 1D resistant now it’s pushing into 200EMA levels of $5.80-$6 on 1D and if we flip it on 1D it heading for $6.5-$7.5 levels in the short term📈 #AXS #AXSUSDT #AxieInfinity #Crypto #cryptocurrency #CryptoTwitter #alts #altcoins #BULLISH #BTC #Binance #CryptoX pic.twitter.com/kiYhqp6HPG

— 𝘾𝙍𝙔𝙋𝙏𝙊.𝙏𝘼𝙉𝙓™ (@tanxcrypto) October 29, 2023

Positive Indicators for Axie Infinity Price

Looking at the 4-hour AXS/USD charts, the RSI is showing bull dominance in the overbought region. The MACD is also indicating bull domination. Additionally, the 5-day moving average is above the 15-day moving average, forming a golden cross and suggesting a bullish future for Axie Infinity price. The Bollinger Bands show high volatility levels, and trading volume has increased by 395% in the past 24 hours.

About Bitcoin Minetrix

Bitcoin Minetrix has raised over $2.7 million in funding. It is a novel mining protocol developed in collaboration with Ethereum that simplifies the mining process for Ethereum wallet holders. By staking BTCMTX tokens on the platform, users can earn mining credits, which can be redeemed for affordable or even free Bitcoin mining through the company’s cloud service. The user-friendly approach of Bitcoin Minetrix makes BTC mining more accessible to a broader audience without requiring significant upfront investment or expertise.

Investing in Bitcoin Minetrix

Bitcoin Minetrix’s presale has raised $2.7 million, and experts predict a potential tenfold increase in the value of BTCMTX. However, investors should be cautious of potential scams and follow safety measures such as verifying information from reliable sources, avoiding sharing sensitive information, and reporting suspicious activities to the authorities.

Beware of potential #BitcoinMinetrix Scams!

Keep in mind these suggestions: 🔒

🔐 Double-check information from reliable sources.
⛔ Avoid disclosing sensitive information.
🔎 Notify authorities about any dubious accounts promptly.#CryptoSecurity pic.twitter.com/MGaeByB30z

— Bitcoinminetrix (@bitcoinminetrix)
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Insa Monroe

Insa's extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa's specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.