The Axie Infinity price forecast shows that AXS faces the north as the technical indicator Relative Strength Index (14) moves to the upside.
Axie Infinity Market Value Statistic: Axie Infinity price now: $7.00
Axie Infinity market cap: $817.2 million
Axie Infinity circulating supply: $16.9 million
Axie Infinity total supply: $270 billion
Axie Infinity coin market ranking: #55 AXS/USD Market
Resistance levels: $8.50, $9.00, $9.50
Support levels: $5.50, $5.00, $4.50
AXS/USD is as of now trading around $7.00 and once it manages to cross over the 9-day and 21-day moving averages, the following target may be located at $7.50 which is the critical level for the coin. Nonetheless, a push from here could send the price straight to around $8.00 while the daily low may be spotted at the $6.50 level of support. In the meantime, if the present level fails to hold strong, the Axie Infinity (AXS) could slip below the lower boundary of the channel.
Axie Infinity Price Prediction: Would Axie Infinity Spike to the Upside?
The Axie Infinity price is now facing the uptrend as the coin moves to cross over the 21-day moving average. This is why, if the buyers can put more effort and push the market value towards the upper boundary of the channel, AXS/USD could hit the resistance levels of $8.50, $9.00, and $9.50 respectively.
On the contrary, a break below the lower boundary of the channel may attract the coin toward the critical supports at $5.50, $5.00, and $4.50. Looking at the technical indicator Relative Strength Index (14), Axie Infinity may begin to follow an upward tendency as the signal line moves to cross over the 50-level, suggesting that the coin may trade bullishly.
And once compares with Bitcoin, the price is trying to cross the upper boundary of the channel to hit the nearest resistance at 2800 SAT. In the meantime, unless the present market price effectively holds and the price ends up closing over it, there can potentially not be any reason to expect a longstanding positive tendency reversal.
AXSBTC – Daily Chart
Nonetheless, if the bears attract the coin below the 9-day and 21-day moving averages, it can potentially refresh low under 2500 SAT, while a possible bearish to continue may hit the support at 2200 SAT and below. Furthermore, if the Axie Infinity price crosses over the channel, it can potentially hit the capacity resistance at 3100 SAT and over. The technical indicator Relative Strength Index (14) likewise confirms the positive tendency movement as the signal line crosses over 50-level.
Alternatives to Axie Infinity
The Axie Infinity (AXS) looks green today as the price hovers around the resistance level of $7.00 from the low of $6.50. Nonetheless, a daily close over the 21-day moving average may increase the Axie Infinity price to $8.00. In the meantime, traders should note that a consistent price increase could attract more buyers into the market if the bulls increase their positions. Nevertheless, memes, on the other hand, are backed by blockchain tech. As a result, each Meme Coin is backed by a unique Non-Fungible Token (
NFT). This proves beyond doubt that the user owns the Meme Coin. AiDoge memes, on the other hand, are backed by blockchain tech. As a result, each Meme Coin is backed by a unique Non-Fungible Token ( NFT). This proves beyond doubt that the user owns the Meme Coin as almost $12 Million has been raised in the ongoing presale.