Are Bulls Committed To Reclaim $7? 

Axie Infinity (AXS) is a blockchain game that lets players collect, battle, and trade digital pets called Axies. 

It aims to introduce blockchain technology to more people through fun and accessible gameplay. It is especially popular in developing countries where it provides a new source of income and education.

Axie Infinity crypto price showcased a bullish outlook in the recent sessions. The daily chart shows that the price has added over 28% in a week. The bulls are in full control and committed to reclaiming the $7 level. 

Moreover, the recent surge has turned the long-term trend optimistic. Recently, the bears attempted to dominate the price trend near the 200-day EMA. But the bulls regained control near the 50-day EMA and the AXS price bounced back to conquer $7.  

Axie Infinity Price Prediction 2023

The technical indicators imply that the AXS price has surpassed the 50-day and 200-day EMA indicating a bullish outlook. The EMAs may act as a dynamic support if the price makes a dip.

It has a 24-hour trading volume of $524.80 Million with a rise of 556.36% as compared to the previous day. The live market cap of Axie Infinity is $924.79 Million and it ranks 57th among the top cryptos. The volume-to-market cap ratio is 53.66% indicating very high volatility in the market. 

The most optimistic view of analysts expects the price to reach a high of $8.23 by the year-end. The pessimistic outlook of the analysts expects the price to drop to a low of $5.64. 

Axie Infinity Price Prediction 2024

As per the analysts, the most optimistic target that the Axie Infinity price may achieve is $11.24, indicating an upside potential of 65.74% from the CMP. The average analyst price target is $9.19 by the end of 2024. However, the pessimistic view of analysts estimated the price to reach $7.97. 

Axie Infinity Price Prediction 2025

The most optimistic analyst forecast for Axie Infinity crypto expects the price to reach a high of $13.21 with a potential gain of 106.84% from the CMP. The minimum forecasted price by the end of 2026 is $9.66.   

Axie Infinity Price Prediction 2026

The AXS price may reach a high of $18.30 if a positive trend prevails for the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $11.96 by 2026. 

Axie Infinity Price Prediction 2027

According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts is the price target of $23.47. The minimum price that Axie Infinity may reach by 2027 is $17.94.

Axie Infinity Price Prediction 2028

On an optimistic note, the Axie Infinity price may advance to a high of $35.10 in the next five years. The price may rise to a minimum of $26.77 by the end of 2028. 

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.