- The AXS coin price flies above the 55-EMA during intraday
- The 24-hour trading volume is at $1.005 billion.
- AXS/BTC pair is trading positive by 12.5% at 0.00231537 BTC.
Source: AXS/USDT on TradingView
On the daily price chart of AXS coin, The Moving Average (EMA), which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice price moves above the yellow line, ensuring an Axie Infinity uptrend until the price resides above the EMA’s.
Trading volume (2.431 M) is above the 20-day moving average (1.469 M). The volume is high and increasing, so the cost is moving upside. Investors may also notice an increase in volume. This indicates that unusual fluctuations are standard on the following trading days.
AXS Coin Signalling Bullish Move Bulls May Push The Price Further
Source: AXS/USDT on TradingView
AXS coin daily price charts show an uptrend. Based on the price action, the support range is $65 – $80. On the flip side, the resistance area you should be looking for is $125 – $140.Therefore, the chart shows a bullish engulfing candlestick pattern during the day.
The RSI showed a 64 (bullish) signal, Expecting to buy in the short term. Investors may find that the RSI line is sloping up on the indicator. It may arise in the coming trading days.
The MACD shows a (bearish) cross below the signal line on October 11th, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
Axie Infinity is priced at $141.29 today and has a 24-hour trading volume of $1,006,079,224. Prices for AXS have risen 12.3% in the last 24 hours. The circulation of AXS coins is 61 million, and the total circulation is 270 million.
RSI and MACD indicate a buy signal. Traders have directed high volume. In fact, the cost has reached the resistance zone. A market overview also shows that this pattern will continue to rise and may lead to a breakout in the coming trading days.
Resistance Level: $125- $140
Support Level: $65- $80
