Axie Infinity Price Prediction for Today, December 27 – AXS Technical Analysis

The Axie Infinity price prediction shows that AXS could head toward the channel if the bulls increase the buying pressure.

Axie Infinity Prediction Statistics Data:

• Axie Infinity price now – $10.1
• Axie Infinity market cap – $1.25 billion
• Axie Infinity circulating supply – 132 million
• Axie Infinity total supply – 270 million
• Axie Infinity Coinmarketcap ranking – #60

AXS/USD Market

Key Levels:

Resistance levels: $12.0, $12.5, $13.0

Support levels: $8.0, $7.5, $7.0

AXS/USD is presently undergoing a recovery, having exceeded the initial opening price of $9.13. There’s a notable probability that it will sustain its upward trajectory, aiming to reach or even surpass the $11.5 level in the near term. Meanwhile, this price upswing is fueled by optimistic sentiment, as Axie Infinity trades above both the 9-day and 21-day moving averages.

Axie Infinity Price Prediction: AXS Ready to Hit $12.0 Level

The Axie Infinity price appears ready to gain more upsides. If the Axie Infinity price successfully breaks above the upper boundary of the channel, it might face a notable resistance point at $10.5. Achieving a breakthrough at this level could set the stage for further upward momentum, potentially reaching resistance levels at $12.0, $12.5, and $13.0 respectively.

However, the current bullish movement reveals that the 9-day moving average crosses above the 21-day moving average, suggesting a possible upward breakout above the channel. On the contrary, a bearish decline toward the south could challenge the current market price, finding support initially at $9.0, followed by support levels at $8.0, $7.5, and $7.0.

AXS/BTC Spikes to the North

The Axie Infinity price is demonstrating bullish momentum against Bitcoin, it is maintaining positions above the 9-day and 21-day moving averages. Nonetheless, continuously trading above this threshold suggests an effort to break through the upper boundary of the channel. Additionally, the 9-day moving average persistently surpasses the 21-day moving average, reinforcing the prevailing bullish trend.

Therefore, should the price successfully breach above the channel, it could motivate bullish traders to aim for the 2600 SAT resistance level. Sustaining levels above this mark might further elevate the price toward the 2800 SAT resistance and above. On the contrary, descending below the lower boundary of the channel may establish a support level at 1800 SAT and below.

Axie Infinity Alternatives

Axie Infinity remains positioned above the 9-day and 21-day moving averages, having reached a daily high near the $11.1 resistance level. If bullish momentum continues to strengthen, the coin may experience further upward movement. Given the recent recovery, it appears that bulls are in control of the market, potentially driving the price above the current channel.

On that note, Axie Infinity (AXS) with its $1.25 billion market cap may offer limited growth potential due to its established size. In contrast, the new token, Bitcoin Minetrix, currently raising over $6.2 million in its presale stage, presents a promising opportunity with a lower market cap. Investing in Bitcoin Minetrix could provide early adopters with greater growth prospects compared to the mature and sizable AXS coin.