Axie Infinity Price Prediction for Today, December 10: AXS/USD Swings Above $8.0 Resistance

The Axie Infinity price prediction shows that AXS is beginning to restart the uptrend after touching the daily low of $7.86.

Axie Infinity Prediction Statistics Data:

• Axie Infinity price now – $8.49
• Axie Infinity market cap – $844.3 million
• Axie Infinity circulating supply – 100.5 million
• Axie Infinity total supply – 270 million
• Axie Infinity Coinmarketcap ranking – #50

AXS/USD Market

Key levels:

Resistance Levels: $12.0, $13.0, $14.0

Support Levels: $6.0, $5.0, $4.0

AXS/USD looks green today as the price hovers above the resistance level of $8.0 from the low of $7.86. However, a daily close above the upper boundary of the channel may increase the Axie Infinity price to $10.0. Meanwhile, traders should note that a consistent price increase could bring more buyers into the market if the bulls increase their positions.

Axie Infinity Price Prediction: AXS/USD May Begin to Break Higher

In the past few days, the Axie Infinity price has been following the downward movement, but the bulls resumed the market and begin to push the coin to a touch resistance level of $8.6. Moreover, the daily chart reveals that if the 9-day moving average remains above the 21-day moving average, it will keep the push the coin to the upside.

Meanwhile, bears may take advantage if the coin crosses below the moving averages. However, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level. More so, if the Axie Infinity price stays above the moving averages, it could cross above the upper boundary of the channel to hit the resistance levels of $12.0, $13.0, and $14.0, but facing the south may bring the price down to the supports at $6.0, $5.0, and $4.0.

Against Bitcoin, the Axie Infinity price is hovering above the 9-day and 21-day moving averages. However, intraday trading is bullish as the coin moves to cross above the upper boundary of the channel to reach the resistance level at 600 SAT and above.

On the contrary, if the sellers bring the market down below the 21-day moving average, any bearish cross below this barrier may cause this coin to hit the support at 400 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level, suggesting more bullish signals.

Meanwhile, those that invest in Impact Token (IMPT) will be able to claim them from December 12, 2022. In order to do this, they will connect the wallets they used to buy the tokens initially, and the token will be dropped into their wallets. Also Uniswap, LBank, and Changelly Pro will list IMPT for trading, once the presale has been concluded. This environmentally friendly project is gaining traction and almost $19 million has been raised in the current IMPT presale.

However, Dash 2 Trade aims to guide all trades to speculate more proficiently. This is because effective risk control parameters are necessary for building robust strategies for initiating winning trades. There is a D2T presale ongoing and time is running out. The presale dashboard launch is coming soon since the product dev is ahead of the schedule. So far, the presale has raised almost $9.5 million.

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