AXS/USD Rebounds as the Price Faces $8 Level

Axie Infinity Price Prediction – January 5

The Axie Infinity price prediction sees a 1.68% price increase over the past 24 hours of trading as the cryptocurrency touches $127.

Axie Infinity Prediction Statistics Data:

• Axie Infinity price now – $6.82
• Axie Infinity market cap – $685.4 million
• Axie Infinity circulating supply – 100.4 million
• Axie Infinity total supply – 270 million
• Axie Infinity Coinmarketcap ranking – #53

AXS/USD Market

Key Levels:

Resistance levels: $10, $11, $12

Support levels: $5, $4, $3

AXS/USD gains a 2.76% price rise over the past 24 hours of trading as the cryptocurrency bounces from the $6.63 to $7.13 resistance level. The Axie Infinity may face the upside as the red line of the 9-day MA moves to cross above the green line of the 21-day MA. At the time of writing, the movement is shifting back into the bullish favor, with the technical indicator Relative Strength Index (14) moving above the 50-level.

Axie Infinity Price Prediction: Axie Infinity (AXS) Ready for a Spike above $7.0 Level

The Axie Infinity price may need to rise above $7.0 if the buyers keep the price above the 9-day and 21-day moving averages. On the contrary, traders may consider the market as bearish if the sellers take the market movement to the lower side.

However, towards the upside, the first level of resistance lies at $7.5, while the potential resistance levels lie at $10, $11, and $12. Moreover, if the sellers bring the price towards the lower boundary of the channel, traders may expect supports to be located at $5, 4, and $3 while the technical indicator Relative Strength Index (14) faces the north to give more bullish signals.

Against Bitcoin, AXS price is hovering above the 9-day and 21-day moving averages. The Axie Infinity price is likely to head toward the upper boundary of the channel. From the above, the nearest resistance level is likely to touch 500 SAT. Above this, higher resistance lies at 550 SAT and above.

On the other hand, if the selling pressure creates a fresh low, lower support may be found at 300 SAT and below. The technical indicator Relative Strength Index (14) moves to cross above the 50-level, which shows that the market may be preparing for an uptrend.

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