TA- The Price Of Axie Infinity Struggles Despite Crypto Relief Rally
The price of Axie Infinity (AXS) has struggled recently with a few bullish signs against Tether (USDT) despite market sentiments around the project. As a result of the “Merge” sentiments, this has led to many altcoins showing relief rallies and newer altcoins making all-time highs; the price of Axie Infinity has struggled to rally despite many expectations on AXS holders. Related Reading: Ethereum Market Observes Pileup Of Leverage As ETH Breaks $2k The Merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) to increase its network efficiency in....
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While the crypto market has been bleeding out, Axie Infinity (AXS) records a 112% rally over the past week and a 14.7% profit in the daily chart. Bears are in disbelief, as this Non-Fungible Token (NFT) based platform continue to gain popularity, users, and moving to the upside. As NewsBTC previously reported, Axie Infinity was […]
AXS’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. AXS’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. AXS’s price remains indecisive on the daily timeframes as the price trades below the 50 and 200 Exponential Moving Averages (EMA). Axie Infinity (AXS) has recently struggled to rally like other altcoins, as the price continues to stall, with little hope of a rally to a high....
Axie Infinity trading volume seen to have capsized by over 2% in the past few days. Price drops 4.7% in the past 24 hours AXS value set to jump in price when full version of Axie Infinity game rolls out in 2023 Price down 0.87% or trading at $16.97 as of press time AXS price has fallen 4.7% in the last 24 hours or is trading at $17.25. This gives traders an idea of how the week’s AXS price trend will go. It continued to hover in the negative area or red zone since the past week wherein it registered a detrimental loss of 7%. Related Reading: Avalanche Grinds To A Halt As AVAX Breaks....
The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market valuation has also pushed itself into the top 50 most valuable crypto capitalization positions and currently rests at the 41st spot on Monday. Axie Infinity Popularity Grows The cryptocurrency project and Ethereum-based gaming community that leverages the Axie Infinity network has continued to....
Investors have been jumping into Axie Infinity (AXS) in a rush to leverage future upside. This ERC-20 token and its protocol could be the beginning of a new mania in the crypto space and a game-changer for the videogame industry. Inspired by the popular game Pokemon, Axie Infinity allows players to explore in an open-world […]