AXS/USD Likely To Step Above $15

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The Axie Infinity price prediction is recovering from the daily opening price at the $12.53 level as the price continues to fluctuate.

Axie Infinity Prediction Statistics Data:

  • Axie Infinity price now – $12.55
  • Axie Infinity market cap – $1.27 billion
  • Axie Infinity circulating supply – 100.1 million
  • Axie Infinity total supply – 270 million
  • Axie Infinity Coinmarketcap ranking – #41

AXS/USD Market

Key Levels:

Resistance levels: $18, $20, $22

Support levels: $8, $6, $4

Axie Infinity Price Prediction for Today, January 23: AXS/USD Likely To Step Above $15
AXSUSD – Daily Chart

AXS/USD is trading above the 9-day and 21-day moving averages after touching the daily high at the $13.94 resistance level. At the time of writing, Axie Infinity is changing hands at $12.55, trading around the upper boundary of the channel. However, with latest the recovery, the digital asset is likely to cross above the channel to increase the bullish movement.

Axie Infinity Price Prediction: Can AXS Break Above $15?

The Axie Infinity price stays above the 9-day and 21-day moving averages, if the bulls maintain the upward trend, AXS/USD may likely move to touch the resistance levels of $18, $20, and $22 to keep the price on the upside. In other words, any strong selling pressure below the 9-day moving average may drag the price toward the lower boundary of the channel if the bears step back into the market.

However, should in case Axie Infinity trade below the moving averages, a bearish continuation could bring the price to the supports of $8, $6, and $4. Meanwhile, the technical indicator Relative Strength Index (14) is likely to remain above the 70-level, indicating a possible bullish movement.

Against Bitcoin, the Axie Infinity price could head to the south according to the chart. However, following the recent positive sign, the current market movement may begin to follow an uptrend if the buyers push the price above the upper boundary of the channel.

AXSBTC – Daily Chart

Moreover, as the technical indicator, Relative Strength Index (14) remains within the overbought region, once it increases the bullish pressure, the market price could hit the resistance level of 700 SAT and above. Meanwhile, a bearish cross below the channel could lower the price to the support level of 400 SAT and below.

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Source: https://insidebitcoins.com/news/axie-infinity-price-prediction-for-today-january-23-axs-usd-likely-to-step-above-15