Axie infinity crypto is forming a cup and handle pattern, which can indicate a bullish wave in the gaming crypto.
In this article, we will discuss the axs crypto price prediction along with the weekly analysis and news roundup.
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Table of Contents
AXS Crypto Price Prediction
AXS is currently trading at $13.60 with a 24h trading volume of $103,358,910 and a market cap of $1,320,624,190 with a fully diluted valuation of $2,510,387,100. The total token supply is stands
The price has recently broken out of the cup and handle chart pattern and has successfully retested it. This suggests a potential for a significant upward movement in the near future.
Weekly Price Analysis
The past week has seen AXS’s price fluctuate, with a general upward trend from $12.30 to $13.99. This movement indicates a positive market outlook and investor confidence in the token’s future.
The RSI is at 62, which indicates that the price reflects that a bullish move could be on the cards.
News Roundup
Key developments impacting AXS’s price include:
- A 12% jump in AXS’s price following its listing on the Apple App Store, signaling strong market optimism.
- The surge in dollar value locked in open futures contracts tied to AXS, reaching the highest since February, suggesting an influx of new money into the market.
- The anticipation of the “Decentralizing the Future” event in Austin, Texas, which may further influence AXS’s market performance.
Conclusion
AXS’s current price analysis shows a cryptocurrency that is adapting well to market changes and capitalizing on new opportunities.
With its recent app store listing and the upcoming event, AXS is a token to keep an eye on for potential growth and investment opportunities.
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