$AXS
The 50-day moving average is rising, indicating a strong short-term trend. However, the 200-day moving average has also been rising, suggesting a strong longer-term trend. The Relative Strength Index (RSI) stands at 46.07, indicating a potential rise in the market.¹ ² ³
Keep in mind that cryptocurrency prices are highly volatile, and actual results may differ from predictions. Always do your research before investing.
AXScoin, also known as Axie Infinity, has shown a significant increase in value over the past week, with a 111.33% surge. The current price of Axie Infinity is $1.99, and it's ranked No. 122 in the entire crypto ecosystem with a market cap of $334,502,000.00.
Price recently broke above a long-term resistance zone near the $2 level, which historically acted as a boundary.
• There’s evidence that AXS had been trading inside a descending triangle pattern — a consolidation that often precedes bigger moves — before breaking out.
• Technical indicators show mixed signals with sideways and rising patterns, suggesting traders are watching closely for the next direction.
Bullish Scenario ✔ If AXS holds above $2 and continues upward volume, the next resistance zones to watch are $2.50 – $3.00.
✔ Sustained breakout could lead to further short-term gains as traders rotate back into higher-beta assets.
Bearish Scenario ✘ Failure to keep above key support near $1.80 – $1.60 risks a deeper pullback toward lower support levels.
✘ Loss of $1.50 could retest multi-month lower trendlines — common in crypto seasonal sell-offs.