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- Axie Infinity price prediction showcases the upward velocity of AXS crypto price over the daily time frame chart.
- AXS crypto is trying to surge from 20-EMA to be at 50, 100 and 200-days Daily moving Average.
- The pair of AXS/BTC was at 0.0003005 BTC with an intraday gain of 0.60%.
Axie infinity price prediction points to the maximum AXS cryptocurrency recovery in 2023, as analysts had predicted. By the end of 2023, Axie Infinity might experience a significant bullish rise. The main resistance level of $9.00 must be overcome for the AXS cryptocurrency price to surge towards the $15 recovery level.
For the price of Axie Infinity to recover as much as possible in 2023, a strong upward tendency must be maintained. According to additional analysts, AXS cryptocurrency might hold up and recoup the most in 2023.
Axie Infinity price was at $8.48 and has gained 0.59% of its market capitalization during the day’s trading session. Trading volume has increased by 3.13% during the intraday trading session. This demonstrates that buyers are trying to push AXS crypto towards the primary resistance level. Volume to market cap ratio was at 0.04695.
Axie Infinity Price Prediction: Technical Indications!
The Axie Infinity price prediction suggests that AXS is entering a recovery period as trading volume for the cryptocurrency is expected to soar. The volume shift must increase throughout the day’s trading session because it is still below average. AXS cryptocurrency is attempting to hold at the 20-EMA while aiming for the 50, 100, and 200-day Daily Moving Averages.
The price of Axie Infinity has increased by about 2.06% over the past week, and the company’s quarterly report shows development of 26.96%. Additionally, the price of Axie Infinity has increased by about 39.57% year to date, indicating that AXS will return to its full potential in 2023.
Technical signs point to the price of Axie Infinity moving sideways. The AXS cryptocurrency price’s struggle is evident in the relative strength indicator. At 48, the RSI was below equilibrium.
The price of Axie Infinity is trending upward, as seen by MACD. After a positive crossing, the MACD line is higher than the signal line. AXS cryptocurrency needs to break out of the main resistance level of $9.00 before investors in Axie Infinity can invest.
Summary
Axie infinity price prediction points to the maximum AXS cryptocurrency recovery in 2023, as analysts had predicted. The volume shift must increase throughout the day’s trading session because it is still below average. Additionally, the price of Axie Infinity has increased by about 39.57% year to date, indicating that AXS will return to its full potential in 2023. Technical signs point to the price of Axie Infinity moving sideways.
Technical Levels
Resistance Level: $9.00 and $12.60
Support Level: $8.05 and $7.75
Disclaimer-
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
