axs crypto price prediction

The price prediction of Axie Infinity looks bullish for the next 10 years. The Axie Infinity Coin can easily cross $500 in 2030 if current growth continues. It depends upon you which type of investment you choose, for the long term or the short one. If more investors are attracted to the project the prices of Axie Infinity Coin can skyrocket in upcoming years.

They aim to predict future price levels or the overall price direction of a security. Moving into 2032, AXS continues to impress with its positive growth trajectory. The average price of Axie Infinity could be around $70.54, bolstered by the game’s expansion and partnership strategies. In periods of strong bullish sentiment, we could witness AXS reach a new high of $83.9. Axie Infinity’s future appears to be on an upward trend, with an maximum price of $12.67 projected after a period of five years. While the likes of DigitalCoinPrice were optimistic when it comes to the axie infinity future price as of 19 December 2022, others sites such as Wallet Investor were far more bearish.

What will the Axie Infinity price be in 2024?

However, AXS has a high possibility of surpassing its current ATH in 2028. As said above, it may reach above $500 if investors have decided that AXS is a good investment along with mainstream cryptocurrencies. It could be that the buyers are waiting for the price of AXS to fall further so that they could cash in on it at its lowest price. However, the buyers will step in before it’s too long and we may see the demand for AXS rise, which as a by-product will increase the price of the token. Moreover, the Elder Force could also be used to figure out trend reversals and breakouts. For instance when the EFI is making lower highs while the cryptocurrency is making higher highs, then we could say that this is a bearish divergence.

axs crypto price prediction

As we recover from the crypto winter, we are expecting that Axie Infinity will achieve a maximum price of $10.64 as the market starts to recover. The minimum expected price is $7.09 and the average price will hover around $8.86. Based on AXS coin price prediction 2030, the minimum, maximum, and average prices are predicted to be $41.34, $59.51, and $50.43, respectively. By the time it is 2029, the potential high of the coin may have reached $46.71, as per our Axie Infinity crypto price prediction.

Definition and History of Technical Indicators

Considering the market volatility, AXS will trade with a minimum trading price of $11.85 and an average trading price of $13.03. Axie Infinity, according to some, is one of the most amazing cryptocurrencies to rise this year (AXS). The AXS price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $8.89. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Axie Infinity (AXS) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. At the time of analysis, the price of Axie Infinity (AXS) was recorded at $5.68. If the pattern trend continues, then the price of AXS might reach the resistance levels of $6.61 and $9.37.

axs crypto price prediction

Moreover, it has a signal line which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA, it is considered bullish; if it’s below the SMA, it is bearish. The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price. There are many crypto trading platforms that have been recently listed Axie Infinity Coin for public trading. If you wish to buy Axie Infinity Coin, the top crypto exchanges are currently Coinbase, Binance, FTX, Huobi, CoinDCX, Kraken, Lbank, MXC, Gate.io, Bitfinex, and Gemini.

As a result, NFT’s potential ATH value of $180.64 by 2027’s end is still being determined. If most cryptocurrencies can overcome psychological barriers in the aftermath of Bitcoin’s price halving in 2024, we can expect AXS to trade at a premium to its 2024 pricing. The blue elliptical on the chart above shows how AXS tested the 10-day MA (Green Line) and fell. However, after falling, the token bounced back, tested, and broke the 10-day MA reaching the 20-day MA ( Yellow line). Since we could spot the formation of a similar pattern, there is a high chance that AXS breaks the 10-day MA, touches the 20-day MA, and falls back.

How much will be Axie Infinity in 2031?

Here we will try to analyze the potential of Axie Infinity in the long term. Axie Infinity (AXS) is not just another crypto asset; it’s an integral part of an entire digital ecosystem built around the play-to-earn model. Its utility stretches beyond mere trading and investment; it embodies a new wave of gaming, one that blurs the line between leisure and income generation.

  • Due to the effort of the Gaming community, Axie Infinity crypto prices can skyrocket in upcoming years.
  • Bollinger Bands are often used by traders to identify potential entry and exit points for a trade.
  • After the broader market breakdown, AXS’s decline saw an over 90% devaluation as dropped toward the $11.7-$9.72 support range.
  • Axie Infinity has amazing potential over the next few years as acceptance for cryptocurrency increases.
  • This growth may be possibly prompted by Axie Infinity game migration from Ethereum to its own sidechain, as well as the network effects making its user base grow exponentially.
  • By 2030, Axie Infinity will finally surpass its previous ATH values and record new price levels.

Whereas, according to our Axie Infinity forecast, the AXS price might begin an uptrend and cross $19.07 by the end of 2025, making it a good investment. With a market cap of $807,073,347 and a trading volume of $31,366,767, Axie Infinity’s current price action reflects a decent recovery. The Axie Infinity’s price stands around $6.90, with an all-time high and low of $165.37 and $0.1234, respectively, in the crypto market. Based on our AXS price prediction 2025, the price of the token is predicted to rise and reach $19.07 by the end of 2025. AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Accumulation/Distribution Line (A/D Line) for Axie Infinity Price Prediction

The cryptocurrency market was stable because early investors held on to their assets so they would take advantage of future price gains. By the end of 2030, the price of Axie Infinity (AXS) could be around $260.74, despite the bearish market that followed a boom in the early years. As more and more institutional investors flock to the NFT platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of NFT may reach $104.86 by 2026, even though the coin has generally depreciated during the same period. Axie Infinity is a blockchain-based trading and battling game filled with cute, formidable creatures known as Axies.

  • November 2023 might also witness an increase in the Axie Infinity value to $$7.39.
  • Moving averages (MAs) are among the most commonly used technical indicators.
  • If real estate investments are limited to the rich now, Metropoly makes it accessible for all using blockchain tokenization.
  • Cryptocurrency experts are ready to announce their forecast for the AXS price in September 2023.

With the play-to-earn arena getting incredibly competitive, Axie Infinity is left with no choice but to take a back seat. It can’t withstand the growing pressure from top games like Gods Unchained, Alien Worlds, and Splinterlands. While metaverse projects like Axie Infinity, Sandbox, and Decentraland have bigger market caps, they don’t justify it. The future doesn’t look bright for the platform’s native crypto AXS as investors dump it for robust tokens that have real-world relevance. Market sentiment, often referred to as investor sentiment, is an incredibly influential factor in the valuation of any asset, including cryptocurrencies such as Axie Infinity (AXS).

How much will Axie Infinity be worth in 2030?

On the other hand, DigitalCoinPrice offered an AXS price prediction, anticipating the token to trade at $7.84 this year, $16.50 in 2023, and $24.44 in 2024. By 2025, they projected a potential value of $30.15, which would likely remain stable throughout 2026 before ascending to $35.64 in 2027 and $49.99 in 2028. Price forecasts often prove inaccurate, particularly for a volatile commodity like cryptocurrency. Also, long-term projections are typically generated using algorithms, which means they can change abruptly.

Spotting a single reliable indicator to precisely predict the price of Axie Infinity might be similar to finding a needle in a haystack. That’s where the strategy of using multiple technical indicators comes into play. Combining various indicators can help to confirm trends, reduce the risk of false signals, and assist in building a robust and comprehensive prediction model.

Currently, the Bollinger bands seems to be narrowing down, as the upper band is closing while the lower band is positioned parallel to the horizontal axis. AXS is nearing the SMA, as such, we may see it testing the SMA quite a few times before breaking it. Moreover, the above thesis could be justified by comparing recom online the scenarios, highlighted in the chart above. Additionally, the Bollinger bandwidth indicator gives a similar reading when both these scenarios are concerned. The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate.

Axie Infinity Price Prediction: AXS Back in Consolidation Phase! – The Coin Republic

Axie Infinity Price Prediction: AXS Back in Consolidation Phase!.

Posted: Fri, 17 Feb 2023 08:00:00 GMT [source]

On the other hand, if it will be able to close above the $8.21 level, it can go up to the next resistance level at $12.35. There is a potential for the average price of Axie Infinity to reach $15.10 by the year’s end. Looking ahead to a five-year projection, the coin could surge to $65.96. However, the crypto market is known for its unpredictability and sudden price swings. Therefore, conduct comprehensive research and thoroughly assess the risks before investing in any project, network, or asset.

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