However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. ![]() Moving forward, it will be important to monitor the AXS market sentiment, the key support and resistance levels, and other metrics. AXS would have to decrease by -8.95% to hit our $ 6.79 target within the next five days. The bottom line about this Axie Infinity predictionĪfter considering the above factors, we can conclude that the current forecast for Axie Infinity price prediction is Neutral. AXS is now trading above the SMA 200, signaling that the market is currently bullish. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the AXS closing price for the last 200 days. Currently, Axie Infinity is trading above the SMA 50 trendline, which is a bullish signal. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Axie Infinity over the last 50 days. The RSI 14 for Axie Infinity is at 47.10, suggesting that AXS is currently neutral. The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Axie Infinity is positioned in the market right now. Let’s take a look at what some of the most important technical indicators are signaling. Axie Infinity moving averages & oscillators A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. ![]() Crypto market is currently experiencing NeutralĬurrently, the Fear & Greed index is at 51 (Neutral), which signals that investors have a neutral outlook on the market. This results in an overall Neutral sentiment for Axie Infinity. With 50% of indicators favoring a positive prediction. Neutral sentiment for Axie Infinityġ4 indicators are currently signaling a bullish prediction for Axie Infinity, while 14 indicators are showing a bearish forecast. ![]() The most important support levels to watch are $ 6.77, $ 6.24 and $ 5.67, while $ 7.87, $ 8.44 and $ 8.97 are the key resistance levels. The sentiment in the Axie Infinity markets is currently Neutral, and the Fear & Greed index is reading Neutral. Axie Infinity recorded 16 green days in the last 30 days.Īxie Infinity technical analysis for today - May 18, 2023 AXS has been displaying low volatility recently – the 1-month volatility of the coin is at 8.47. The current AXS cycle high is $ 13.81, while the cycle low is at $ 5.80. On this day last year, AXS was trading at $ 21.27.Īxie Infinity reached its all-time high price on Nov 06, 2021, when the price of AXS peaked at $ 163.89. The long-term picture for Axie Infinity has been negative, as AXS is currently displaying a -64.92% 1-year price change. ![]() The medium-term trend for Axie Infinity has been bearish, with AXS dropping by -27.56% in the last 3 months. AXS Price Prediction Chartīuy/Sell Axie Infinity What has been going on with Axie Infinity in the last 30 daysĪxie Infinity has been displaying a negative trend recently, as the coin lost -19.74% in the last 30-days. This would represent a -8.95% price decrease for AXS in the next 5 days. AXS performed well against BTC today and recorded a 6.62% gain against the world’s largest cryptocurrency.Īccording to our Axie Infinity price prediction, AXS is expected to reach a price of $ 6.79 by May 23, 2023. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.62% in the same time period. Is trading at $ 7.46 after gaining 7.35% in the last 24 hours.
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