The Axie Infinity price prediction shows that AXS is moving toward the resistance level of $7.0 to create additional gains.

Axie Infinity Prediction Statistics Data:

Axie Infinity price now – $6.36

Axie Infinity market cap – $745 million

Axie Infinity circulating supply – 119.1 million

Axie Infinity total supply – 270 million

Axie Infinity Coinmarketcap ranking – #59

AXS/USD Market

Key levels:

Resistance Levels: $8.0, $8.5, $9.0

Support Levels: $4.5, $4.0, $3.5

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AXSUSD – Daily Chart

AXS/USD is trading bullishly as the price hovers above the resistance level of $6.5 from the opening price of $5.9. However, a daily close above the upper boundary of the channel may increase the Axie Infinity price to $7.0. Meanwhile, traders should note that a consistent price increase could bring more buyers into the market if the bulls increase their positions.

Axie Infinity Price Prediction: Price May Continue to Break Higher

In the past few days, the Axie Infinity price has been ranging, but the bulls resumed the market and begin to push the coin toward the upside. Moreover, the daily chart reveals that if the 9-day moving average remains above the 21-day moving average, it will keep pushing the coin to the upside.

Meanwhile, bears may take advantage of the coin slides below the 21-day moving average. However, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level, if the Axie Infinity price stays above the 9-day moving average, it could reclaim the resistance level of $6.70 above the upper boundary of the channel. Moreover, any further bullish movement could hit the resistance levels of $8.0, $8.5, and $9.0, but sliding to the south may bring the price down to the supports at $4.5, $4.0, and $3.5.

Against Bitcoin, the Axie Infinity price is hovering above the 9-day and 21-day moving averages. The intraday trading is bullish as the coin moves toward the upper boundary of the channel, crossing above this barrier may touch the resistance level at 2600 SAT and above.

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AXSBTC – Daily Chart

On the contrary, if the sellers bring the market down below the 21-day moving average, any further bearish cross below the lower boundary of the channel may cause this coin to hit the support at 1500 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is seen crossing above the 50-level to increase the bullish signals.

Axie Infinity Alternatives

At the time of writing, Axie Infinity is changing hands at $16.36, getting ready to cross above the upper boundary of the channel. However, with latest the recovery, if the bulls maintain the upward trend, AXS/USD may likely move to touch the resistance levels of $7.0 to keep the price on the upside.

*Disclaimer:

This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

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