Axie Infinity

Daily

Coin

<p>The Axie Infinity price forecast suggests that the coin is bouncing back from its daily opening price of $7.40, with potential for further fluctuations ahead.</p>
<h2 id="is-investing-in-axie-infinity-worth-it">Is Investing in Axie Infinity Worth It?</h2>
<p>Axie Infinity, which rewards successful players in an online game, could be a good investment depending on several factors: its potential rebound from current lows, the timing and extent of this recovery, and whether the metaverse can regain its 2021 popularity.</p>
<h2 id="axie-infinity-prediction-statistics-data">Axie Infinity Prediction Statistics Data:</h2>
<ul>
 <li>Axie Infinity price now – $7.46</li>
 <li>Axie Infinity market cap – $1.0 billion</li>
 <li>Axie Infinity circulating supply – 145.3 million</li>
 <li>Axie Infinity total supply – 270 million</li>
 <li>Axie Infinity Coinmarketcap ranking – #82</li>
</ul>
<h2 id="axs-usd-market">AXS/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $10, $11, $12</p>
<p>Support levels: $5, $4, $3</p>
<figure id="attachment_529877" aria-describedby="caption-attachment-529877" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-529877 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/AXSUSD_09052024.png" alt="Axie Infinity Price Prediction for Today, June 1 – AXS Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/AXSUSD_09052024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSUSD_09052024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSUSD_09052024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSUSD_09052024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-529877" class="wp-caption-text">
  AXSUSD – Daily Chart
 </figcaption>
</figure>
<p><a href="https://coinmarketcap.com/currencies/axie-infinity/" rel="noopener noreferrer nofollow">AXS/USD</a> is currently trading below the 9-day and 21-day moving averages after reaching a daily high of $7.48. As of now, Axie Infinity is priced at $7.46 and is targeting the upper boundary of the channel. With the latest recovery, the digital asset appears poised to cross above the 21-day moving average, potentially initiating a bullish trend.</p>
<h2 id="axie-infinity-price-prediction-can-axs-break-above-8-0">Axie Infinity Price Prediction: Can AXS Break Above $8.0?</h2>
<p>The Axie Infinity price could potentially achieve a bullish cross above the 9-day and 21-day moving averages if bullish momentum increases. If AXS/USD breaks above the channel, it might target the resistance levels of $10, $11, and $12, driving the price upward. Conversely, significant selling pressure could pull the price towards the lower boundary of the channel if the bears reassert themselves.</p>
<p>Nevertheless, if Axie Infinity remains below the moving averages, a bearish trend could push the price down to the support levels of $5, $4, and $3. Currently, the 9-day moving average is still positioned above the 21-day moving average, suggesting a potential bullish movement within the channel.</p>
<h2 id="axs-btc-prepares-for-the-north">AXS/BTC Prepares for the North</h2>
<p>According to the chart, the <a href="https://insidebitcoins.com/news/axie-infinity-price-prediction-axs-coin-surges-12-as-on-chain-demand-booms-how-high-can-it-go" rel="noopener noreferrer nofollow">Axie Infinity</a> price could rise against Bitcoin. If buyers can push the price above the 9-day and 21-day moving averages and cross the upper boundary of the channel, the market may start following an uptrend.</p>
<figure id="attachment_529876" aria-describedby="caption-attachment-529876" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-529876 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/AXSBTC_09052024.png" alt="Axie Infinity Price Prediction for Today, June 1 – AXS Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/AXSBTC_09052024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSBTC_09052024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSBTC_09052024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/AXSBTC_09052024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-529876" class="wp-caption-text">
  AXSBTC – Daily Chart
 </figcaption>
</figure>
<p>However, as buyers return to the market and increase bullish pressure, the price could reach the resistance level of 1400 SAT and higher. Conversely, a bearish move toward the lower boundary of the channel could drive the price down to the support level of 870 SAT and below.</p>
<p>Moreover, @CryptoFaibik informed his 90k followers on X (formerly Twitter) that $AXS has confirmed a major trendline breakout and retest on the 8-hour timeframe chart. ✅ This setup looks promising for a potential +40% bullish rally in the near term. 📈</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AXS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AXS</a> Major Trendline Breakout &amp; Retest has confirmed on the 8hr timeframe Chart.. ✅</p>
 <p>Looks Promising for the +40% Bullish Rally in the near term. 📈<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/AXS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AXS</a> <a href="https://twitter.com/hashtag/AXSUSDT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AXSUSDT</a> <a href="https://t.co/VrxIndGIDc" rel="noopener noreferrer nofollow">pic.twitter.com/VrxIndGIDc</a></p>
 <p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1793546635143991599?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 23, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="axie-infinity-alternatives">Axie Infinity Alternatives</h2>
<p>Axie Infinity (AXS) is showing positive movement today, with its price hovering around the resistance level of $7.46, up from a low of $7.39. A daily close above the upper boundary of this channel could push the price up to $8.50. Traders should be aware that a consistent price increase might attract more buyers if the bulls continue to strengthen their positions. Currently ranked as the 82nd largest cryptocurrency with a market cap of $1 billion, Axie Infinity maintains a slightly bullish trend. Meanwhile, the <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse</a> presale, a multi-chain meme coin, has successfully raised over $15 million, offering investors a unique opportunity to join this pioneering revolution.</p>
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<p>You can benefit from&nbsp;<a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse</a>&nbsp;today.</p>
<p>Related News</p>
<ul>
 <li><a href="https://insidebitcoins.com/news/axie-infinity-price-prediction-axs-coin-surges-12-as-on-chain-demand-booms-how-high-can-it-go" rel="noopener noreferrer nofollow">Axie Infinity Price Prediction: AXS Coin Surges 12% As On-Chain Demand Booms. How High Can It Go?</a></li>
 <li><a href="https://insidebitcoins.com/news/this-meme-coin-could-soar-100x-last-chance-to-buy-dogeverse-before-launch-in-three-days" rel="noopener noreferrer nofollow">This Meme Coin Could Soar 100x – Last Chance To Buy Dogeverse Before Launch In Three Days</a></li>
</ul>

Axie Infinity Price Prediction for Today, June 1 – AXS Technical Analysis

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