#AXS is the governance and utility token of Axie Infinity, a blockchain-based NFT gaming/economy platform where users collect and battle creatures called Axies. It’s used for governance votes, staking, and ecosystem participation.

Price movement: AXS has shown strong short-term gains, with double-digit price increases over recent 24 h and 7 d ranges.

Volatility: Like most altcoins, AXS is volatile, experiencing steeper moves than larger cryptos during market swings.

Key technical levels: Analysts note resistance near ~$2.00–$2.20 and support around $1.60–$1.80. Holding above support is critical for short-term bullish continuation.

RSI & indicators: References show cyclic overbought conditions historically (e.g., RSI extended), indicating potential for pullbacks after sharp rallies.

Tokenomics: Supply reductions (e.g., halting of certain in-game emissions) are seen as bullish because they reduce selling pressure

AXS

2.588

+12.22%