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Axie Infinity price surged 14% in 24 hours as of 1:30 a.m. EST as it traded at $5.75.
The Axie Infinity price could be poised for a bull run soon as the token has now broken above the 4.7 1-day resistance level and is currently testing the $5.80–$6 200-exponential moving average (EMA) zone, where a turnaround might send it soaring to $6.5–$7.5 shortly.
$AXS flipped 4.7 1D resistant now it's pushing into 200EMA levels of $5.80-$6 on 1D and if we flip it on 1D it heading for $6.5-$7.5 levels in the short term📈 #AXS #AXSUSDT #AxieInfinity #Crypto #cryptocurrency #CryptoTwitter #alts #altcoins #BULLISH #BTC #Binance #CryptoX pic.twitter.com/kiYhqp6HPG
— 𝘾𝙍𝙔𝙋𝙏𝙊.𝙏𝘼𝙉𝙓™ (@tanxcrypto) October 29, 2023
Axie Infinity Price On An Upward Trajectory
Looking at 4-hour AXS/USD charts, the RSI is on an upward trajectory in the overbought region, showing bull dominance. This bullishness will likely continue as bulls hold on to the critical 22 support level, as seen in the RSI. The MACD is also in the green zone, again showing bull domination on Axie infinity price.
The 5-day moving average is above the 15-day moving average. This forms a golden cross, which indicates a likely bullish future for Axie Infinity price. All these indicators show assertive bull authority on Axie, backing the prospects of a future rally. AXS’s volatility levels are high, as shown by the Bollinger Bands, which are currently diverging from each other. These levels will likely remain high as the trading volume jumped by 395% in 24 hours.
Meanwhile, as Axie Infinity price holds prospects of a bullish future, Bitcoin Minetrix’s pre-sale continues to make waves as it now achieves over $2.7M in funding.
Why Should You Invest In Bitcoin Minetrix?
The recent success of Bitcoin Minetrix, a novel mining protocol developed in collaboration with Ethereum, has simplified the mining process, catering to Ethereum wallet holders.
By staking BTCMTX tokens on the platform, users can earn mining credits, redeemable for affordable or even free Bitcoin mining via the company’s cloud service. The user-friendly and straightforward nature of this approach expands BTC mining’s accessibility to a broader audience, eliminating the need for time, expertise, or upfront investment from users.
The BTCMTX token has garnered attention during its presale due to its innovative contribution to the Bitcoin network and its potential for significant growth. With high demand and limited supply driven by the staking requirement and subsequent mining credit rewards, industry experts including Jacob Bury anticipate a potential tenfold increase in BTCMTX value.
Given the enthusiastic market response and the backing of experts, the impressive $2.7 million raised during the presale comes as no surprise. Prospective buyers are advised to act swiftly as the price of BTCMTX will rise incrementally during the presale, starting from its current value of $0.0113.
Be Aware of Scams
Amid concerns about potential Bitcoin Minetrix scams, investors are advised to exercise caution during the ongoing pre-sale. As excitement mounts, it is crucial to be vigilant and follow these safety measures:
- Verify all information through reputable sources to avoid falling for misleading data.
- Refrain from sharing sensitive personal or financial information with unknown entities.
- Report any suspicious activities or accounts to the authorities for further investigation.
Beware of potential #BitcoinMinetrix Scams!
Keep in mind these suggestions: 🔒
🔐 Double-check information from reliable sources.
⛔ Avoid disclosing sensitive information.
🔎 Notify authorities about any dubious accounts promptly.#CryptoSecurity pic.twitter.com/MGaeByB30z— Bitcoinminetrix (@bitcoinminetrix) October 25, 2023
Investors are reminded to prioritize security and conduct thorough research before engaging in any transactions related to Bitcoin Minetrix. Bitcoin Minetrix’s pre-sale stands out as another excellent investment option.
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