Resistance

Axie Infinity

Daily

<ul class="list-ic vertical">
 <li><span>1</span> <a>AXS token price registered a breakout and claimed the $7.00 mark.</a></li>
 <li><span>2</span> <a>Buyers are gaining momentum and targeting the round mark of $10.</a></li>
</ul>
<p>AXS, the native token of Axie Infinity (AXS) price, continued to surge inside the rising parallel channel and revealed a breakout. AXS price has attained the $7.00 mark beyond the significant moving averages and displays a remarkable bounce from the lows of $4.00 in the past number of sessions. Per the technicals, AXS price has reached bullish territory, and sellers are trapped, which suggests that the token may continue to extend the gains due to the ongoing short covering and may reach $10 soon.</p>
<p>AXS token has surpassed the immediate hurdle of $6.50 and registered a range breakout after a long time. Buyers are dominating the battle and are willing to claim the psychological mark of $10 soon. The price action shows the double bottom formation near the demand zone of $4, from where buyers continue to accumulate the token and surpass the neckline of $6.00 led breakout on the charts.</p>
<p>The live price of AXS token is $7.00 with an intraday gain of 2.86%, showing bullishness on the chart. Moreover, the trading volume increased by 15.39% to $148.86 Million, highlighting investors’ interest. However, the pair of AXS/BTC is at 0.000170 BTC, and the market cap of AXS token is $431.98 Million. Analysts have maintained a bullish rating and suggest that the AXS token has the potential to reach $10 soon.</p>
<h2 class="wp-block-heading" id="strong-axs-displays-bullishness-on-daily-chart-strong"><strong>AXS Displays Bullishness on Daily Chart</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="752" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145.png" alt="AXS Price Prediction: AXS Eyeing $10, Will Bullishness Persist?" class="wp-image-183176" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-1024x481.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-768x361.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-1536x722.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-750x353.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-145-1140x536.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: AXS Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the daily chart, AXS token price surpassed the prompt hurdle of $7.0 and is waiting for a bounce to extend the bullish rally. However, the bulls looked aggressive, and sellers stayed on the backfoot. AXS price has surpassed the 50% Fibonacci retracement zone and is close to the upper bollinger band.</p>
<p>The RSI curve stayed above the midline near 70, revealing a solid buying outlook on the chart. The MACD indicator shows a bullish crossover and formed green bars on the histogram, suggesting a bullish outlook for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-weekly-charts-shows-falling-wedge-breakout-strong"><strong>Weekly Charts Shows Falling Wedge Breakout</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="752" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144.png" alt="AXS Price Prediction: AXS Eyeing $10, Will Bullishness Persist?" class="wp-image-183175" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-1024x481.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-768x361.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-1536x722.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-750x353.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-144-1140x536.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: AXS Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the weekly chart, the AXS token has noted a falling wedge breakout and decisively surpassed the midline of $7.00, highlighting the buying momentum. Furthermore, the price action displays the follow-on buying scenario and higher highs for the past sessions.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p><a href="https://www.thecoinrepublic.com/2023/12/04/cronos-price-rose-43-in-nov-how-much-will-it-rally-in-december/" target="_blank" rel="noopener noreferrer nofollow">AXS price</a> has reached a bullish trajectory and surpassed the swing of $7.00, displaying a bullish momentum on the chart. Moreover, the buyers are setting their eyes on the round mark of $10.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels: </strong>$6.70 and $6.20</p>
<p><strong>Resistance Levels: </strong>$7.30 and $8.00</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.</p>

AXS Price Prediction: AXS Eyeing $10, Will Bullishness Persist?

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