- AXS coin price is currently seeing a downside momentum but can soon observe a strong downside momentum. It has seen a loss of more than 0.15% in the intraday session.
- AXS coin price technical indicators suggest a strong recovery in the future. Meanwhile, AXS/BTC pair has seen a loss of more than 0.12%.
Why Invest In AXS Crypto?
AXS crypto price is currently observing a downside momentum but can soon observe a new high in the future. Axie infinity coin has seen a loss of more than 0.45% in the past 24 hours and is trading near the value of $143. The ROI of AXS coin is more than 75800% which has made various investors reach. Axie Infinity is a blockchain-based trading platform and battling game that is partially owned and operated by its users and the new developers. The brain behind the platform is Sky Davis who has made various games. Axie coin correction can soon come to an end and revert back to a new high. One can invest in Axie Infinity coin as per their needs and risk capacity.
AXS coin market dominance along with market cap can soon observe the previous levels and reach a new high. The volume of the AXS coin can also see a surge in the future and soon see a new high. The volume to market capitalization ratio of the AXS suggests a strong upside trend. One can position their funds as per their needs and risk capacity.
AXS Coin Price Bears Are Pushing The Price Down To Lower Level
The weekly technical chart of the AXS coin price suggests a consolidated momentum in the price for the future. Coming to the daily chart the coin price is observing a bearish trend. The upside trend of the Axie coin can face a hostility near $160. Meanwhile, ongoing downside one can observe the support in price near $100. The price is currently trailing above the 50 and 100 Daily Moving Average. The 50MA line is near $125 acting as temporary support in price. If the coin price jumps above $180 then a strong bull trend can be observed in the future. AXS/BTC pair can also observe a new high in the future.
Conclusion
AXS coin price is currently seeing a correction but can soon revert to a new high. AXS/BTC pair can also see a new high in the upcoming days
Technical Levels
Major Support:$100
Major Resistance:$160