Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin\u2019s (BTC) price continues to fluctuate, despite occasional surges. The price of Axie Infinity (AXS) has been difficult to break above $15, but it could be set to make the difference.(Data from Binance)<\/p>\n
Axie Infinity (AXS) Price Analysis On The Weekly Chart\u00a0<\/p>\n
AXS\u2019s price has dropped from $70 to $10, and it is even struggling to stay afloat during the bear season. The price of AXS recently showed a glimmer of hope, rising from $13 to $15 as more buyers purchased this coin.<\/p>\n
AXS price saw a weekly low of $11 before rebounding to $14 before encountering resistance to breaking above. The price of AXS remains above $13 because it has proven to be of interest to buyers.<\/p>\n
AXS has moved from this region to $15 as the price looks promising, with good volume ahead of the new weekly close.<\/p>\n
If AXS continues with this volume on the weekends, we could see the price of AXS facing its first major resistance at $20.<\/p>\n
Weekly resistance for the price of AXS \u2013 $20.<\/p>\n
Weekly support for the price of AXS \u2013 $13.<\/p>\n
Price Analysis Of AXS On The Daily (1D) Chart After falling to a daily low of $13, the price of AXS on the daily chart bounced off this area as it formed good support; the price rallied to the $15 region with a good volume of buyers ahead of the daily and weekly closes.<\/p>\n For AXS to break above the current resistance level of $16, the price must maintain its bullish structure with more buy orders.<\/p>\n AXS is currently trading $15 below the 50 and 200 Exponential Moving Averages (EMA). Prices at $16 and $30, corresponding to the 50 and 200 EMA, will continue to keep AXS from rising further.<\/p>\n Daily (1D) resistance for the AXS price \u2013 $16, $30.<\/p>\n Daily (1D) support for the AXS price \u2013 $13.<\/p>\n Price Analysis Of AXS On The One Four-Hourly (4H) Chart The price of AXS in the 4H timeframe has continued to look bullish after bouncing off from the support of $13.5 as the price rallied to $15.<\/p>\n AXS needs to continue with its bullish momentum as it faces its major resistance at $16.6; this price corresponds to the 50% Fibonacci retracement<\/a> mark acting as resistance for AXS\u2019s price.<\/p>\n If the price of AXS breaks above this resistance of $16.6 with a convincing volume, we could see the price of AXS rally to $20.<\/p>\n The Relative Strength Index (RSI) for 1INCH on the 4H chart is above 50, indicating buy order volume for the 1INCH price.<\/p>\n Four-Hourly (1H) resistance for the AXS price \u2013 $16.5.<\/p>\n Four-Hourly (1H) support for the AXS price \u2013 $13.5.<\/p>\n Featured Image From Yahoo, Charts From TradingView.com<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin\u2019s (BTC) price continues to fluctuate, despite occasional surges. The price of Axie Infinity (AXS) has been difficult to break above $15, but it could be set to make the difference.(Data from Binance)<\/p>\n Axie Infinity (AXS) Price Analysis On The Weekly Chart\u00a0<\/p>\n AXS\u2019s price has dropped from $70 to $10, and it is even struggling to stay afloat during the bear season. The price of AXS recently showed a glimmer of hope, rising from $13 to $15 as more buyers purchased this coin.<\/p>\n AXS price saw a weekly low of $11 before rebounding to $14 before encountering resistance to breaking above. The price of AXS remains above $13 because it has proven to be of interest to buyers.<\/p>\n AXS has moved from this region to $15 as the price looks promising, with good volume ahead of the new weekly close.<\/p>\n If AXS continues with this volume on the weekends, we could see the price of AXS facing its first major resistance at $20.<\/p>\n Weekly resistance for the price of AXS \u2013 $20.<\/p>\n Weekly support for the price of AXS \u2013 $13.<\/p>\n Price Analysis Of AXS On The Daily (1D) Chart After falling to a daily low of $13, the price of AXS on the daily chart bounced off this area as it formed good support; the price rallied to the $15 region with a good volume of buyers ahead of the daily and weekly closes.<\/p>\n For AXS to break above the current resistance level of $16, the price must maintain its bullish structure with more buy orders.<\/p>\n AXS is currently trading $15 below the 50 and 200 Exponential Moving Averages (EMA). Prices at $16 and $30, corresponding to the 50 and 200 EMA, will continue to keep AXS from rising further.<\/p>\n Daily (1D) resistance for the AXS price \u2013 $16, $30.<\/p>\n Daily (1D) support for the AXS price \u2013 $13.<\/p>\n Price Analysis Of AXS On The One Four-Hourly (4H) Chart The price of AXS in the 4H timeframe has continued to look bullish after bouncing off from the support of $13.5 as the price rallied to $15.<\/p>\n
\nDaily AXS\u00a0Price Chart | Source: AXSUSDT On Tradingview.com<\/a><\/p>\n
\nFour-Hourly AXS Price Chart | Source: AXSUSDT On Tradingview.com<\/a><\/p>\n
\nDaily AXS\u00a0Price Chart | Source: AXSUSDT On Tradingview.com<\/a><\/p>\n
\nFour-Hourly AXS Price Chart | Source: AXSUSDT On Tradingview.com<\/a><\/p>\n