cryptocurrency

Axie Infinity (AXS) Price Prediction 2022 – Will AXS Hit $70 Soon?

  • Bullish Axie Infinity Price Prediction $19.03 to $67.66
  • Axie Infinity (AXS) The price may also reach $70 soon.
  • Axie Infinity Bearish 2022 Price Prediction is $12.26

In the Axie Infinity (AXS) Price Forecast for 2022, we use statistics, price patterns, RSI, RVOL and other information about AXS to analyze the future movement of cryptocurrencies.

Axie Infinity (AXS) Current Market Status

according to Queen GekkoAxie Infinity (AXS) price is $14.20 with a 24-hour trading volume of $80,309,088 at the time of writing. However, Axie Infinity is down around 4.2% in the last 24 hours.

Furthermore, Axie Infinity (AXS) has a circulating supply of 89,932,235 Axie Infinity. Currently, Axie Infinity (AXS) trades on crypto exchanges such as Binance, Upbit, FMFW.io, OKX, and LBank.

What is Axie Infinity (AXS)?

Axie Infinity (AXS) is the governance token in Axie Infinity, an NFT game based on Ethereum (P2E). AXS was launched as an ERC-20 token in November 2020. The token also exists as a BEP-20 token, compliant with Binance Smart Chain (BSC).

Axie Infinity was launched by Vietnam-based Sky Mavis on the Ethereum blockchain in 2018. This P2E NFT game includes Axies, native NFTs and another ruling token, Smooth Love Potion (SLP). By playing this game, users earn AXS and SLP tokens and later exchange them for other cryptocurrencies.

Axie Infinity (AXS) Price Predictions for 2022

Axie Infinity (AXS) is now 47th on CoinGecko. The AXS price forecast for 2022 is explained below with a daily time frame.

AXS/USDT Bullish Channel Pattern (Source: TradingView)

The above chart of Axie Infinity (AXS) has drawn an ascending triangle, the ascending triangle is a distinct pattern of an ongoing uptrend. This triangle consists of an upper horizontal trend line connecting the highs and a lower trend line connecting the higher lows, and if the trend breaks at the resistance level, the price will continue to rise in this ascending triangle pattern.

Currently, Axie Infinity (AXS) is in the $14.77 range if the pattern continues, then Axie Infinity price could reach the $14.94 and $17.22 resistance levels. If the trend reverses, the price of Axie Infinity could drop to $14.42 and $15.52

Axie Infinity (AXS) Support and Resistance Levels

The chart below shows the support and resistance levels for AXS.

AXSUSDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Axie Infinity (AXS).

resistance level 1 14.03 USD
resistance level 2 USD 28.40
resistance level 3 $42.04
resistance level 4 $67.66
Support level USD 12.26
Resistance and support level for AXS

This trend continues, Axie Infinity may work in tandem with the bulls breaking the resistance at $67.66

Accordingly, if investors turn against the cryptocurrency, the price of Axie Infinity (AXS) could drop to close to $12.26, which is a bearish sign.

Axie Infinity (AXS) Price Forecast 2022 – RVOL, MA and RSI

The relative size (RVOL) of the Axie Infinity (AXS) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of Axie Infinity is below the cutoff line, indicating weakness of participants in the current trend.

Also, the Moving Average (MA) of Axie Infinity (AXS) is shown in the above chart. Notably, the price of Axie Infinity (AXS) is below the 50 MA (short term), so it is in a downtrend. Currently, Axie Infinity is in relegation. Therefore, there is a possibility of a reversal of the trend of Axie Infinity at any time.

Meanwhile, the Relative Strength Index (RSI) for the Axie Infinity is 40.97. This means that Axie Infinity (AXS) is in an oversold state. However, this means that a major reversal in the price of Axie Infinity may occur in the coming days. Therefore, traders need to trade carefully.

Axie Infinity (AXS) Price Forecast 2022 – ADX, RVI

Let’s now look at the average trend index (ADX) from Axie Infinity (AXS). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

AXS / USDT ADX, RVI (Source: TradingView)

The chart above represents the Axie Infinity (AXS) ADX indicator. Currently, the Axie Infinity ADX indicator is in the 7.12 range, and therefore it indicates a weak trend.

The above chart also represents the Axie Infinity Relative Volatility Index (RVI) (AXS). RVI measures the continuous deviation of price changes over a period of time. RVI for Axie Infinity is above 50, which indicates high volatility. In fact, the Axie Infinity Relative Strength Index (AXS) is at 40.97 confirming a possible buy signal.

Comparison of AXS, BTC and ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and Axie Infinity (AXS).

BTC Vs ETH Vs AXS Price Comparison (Source: TradingView)

From the above chart, it can be explained that ETH, BTC, and AXS are moving in a similar direction. This indicates that when the price of BTC and ETH rises or falls, the price of AXS also increases or decreases, respectively.

Axie Infinity (AXS) 2023 Price Forecast

If a price action drop completely slows in momentum and reverses, Axie Infinity (AXS) It could reach $90 by 2023.

Axie Infinity (AXS) 2024 Price Forecast

With several network upgrades, Axie Infinity (AXS) may enter an upward trajectory. If the coin grabs the attention of major investors, AXS could rise to $110 by 2024.

Axie Infinity (AXS) 2025 Price Forecast

If Axie Infinity (AXS) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, AXS will rise to $130.

Axie Infinity (AXS) 2026 Price Forecast

If Axie Infinity (AXS) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, AXS will rise to $150.

Axie Infinity (AXS) 2027 Price Forecast

If Axie Infinity (AXS) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, AXS will rise to $170.

Axie Infinity (AXS) 2028 Price Forecast

Despite the trends in the highly volatile cryptocurrency market, if Axie Infinity (AXS) maintains a strong position as a better investment option for the next six years, it could drive prices higher. Thus, by 2028, the price of the AXS will reach $190.

Axie Infinity (AXS) 2029 Price Forecast

If investors flock and continue to place their bets on Axie Infinity (AXS), it will see major spikes. The AXS could reach $210 by 2029.

Axie Infinity (AXS) Price Forecast 2030

With greater developments in the Axie Infinity ecosystem, the crypto community may continue to invest in Axie Infinity (AXS) over the next eight years and drive significant price hikes for the token. Thus, the price of the Axie Infinity (AXS) could reach $230 by 2030.

conclusion

With the continuous improvements in the Axie Infinity network, we can say that 2022 is a good year for Axie Infinity. For this reason, the bullish price forecast for Axie Infinity (AXS) in 2022 is $67.66. On the other hand, the bearish price prediction for the Axie Infinity (AXS) 2022 is $12.26.

Furthermore, with advancements and upgrades in the Axie Infinity ecosystem, it will help Axie Infinity’s performance reach an all-time high (ATH) of $164.90 very soon. But, it could also go up to $70 if investors think Axie Infinity is a good investment in 2022.

Instructions

1. What is Axie Infinity (AXS)?

Axie Infinity (AXS) is the governance token in Axie Infinity, an NFT game based on Ethereum (P2E). It exists as an ERC-20 and BEP-20 token and was launched in 2018.

2. Where can you buy Axie Infinity (AXS)?

Axie Infinity (AXS) is listed on several cryptocurrency exchanges including Binance, Upbit, FMFW.io, OKX, and LBank.

3. Is Axie Infinity (AXS) Coming to a New ATH Soon?

With the continuous developments and updates within the AXS platform, it has a great potential to reach ATH soon.

4. What is the current all-time height (ATH) for Axie Infinity (AXS)?

On November 06, 2021, Axie Infinity (AXS) reached an all-time high (ATH) of $164.90.

5. Is Axie Infinity (AXS) a Good Investment in 2022?

Axie Infinity (AXS) appears to be one of the most profitable cryptocurrencies this year. According to Axie Infinity’s record achievements in the past few months, AXS is a good investment in 2022.

6. Can Axie Infinity (AXS) go for $70?

Axie Infinity (AXS) is one of the active cryptocurrencies that continues to maintain its bullish state. Ultimately, if this uptrend continues, Axie Infinity (AXS) will reach $70 soon.

7. What will be Axie Infinity (AXS) By 2023?

The price of the Axie Infinity (AXS) is expected to reach $90 by 2023.

8. What will it be Axie Infinity (AXS) Price by 2024?

Axie Infinity (AXS) is expected to reach $110 by 2024.

9. What will it be Axie Infinity (AXS) By 2025?

The price of the Axie Infinity (AXS) is expected to reach $130 by 2025.

10. What would it be? Axie Infinity (AXS) By 2026?

The price of the Axie Infinity (AXS) is expected to reach $150 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. Not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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