AXS Price Predictions 2023-2030: Can Axie Infinity Token Bounce Back?

axs crypto price prediction

It’s important to note that the content on the BitcoinWisdom website shouldn’t be considered investment advice. Investing is speculative and when you invest money, your entire capital is at risk. You should do your own research before investing in any company or product. hyperion xr price Always remember that investment decisions are risky and you should never invest more than you can afford to lose. The average price of Axie Infinity (AXS) can possibly reach $8.29 this year. Over the next 5 years, it is projected that Axie Infinity may surpass $38.50.

Due to the impact of Bitcoin’s price swings on the value of other cryptocurrencies, it is reasonable to anticipate that NFT will be worth at least $45.27 by 2024. The Exponential Moving averages are quite similar to the simple moving averages (SMA). However, the SMA equally distributes down all values whereas the Exponential Moving Average gives more weightage to the current prices. Since SMA undermines the weightage of the present price, the EMA is used in price movements. The Axie Infinity is an old project with comparatively many new Altcoins. As we have seen on many crypto forums, Axie Infinity is in the market for the long term.

  • The AXS price prediction suggests that investing in Axie Infinity for the long term can be profitable.
  • The year 2023 has been slightly better for crypto investors as the market has been recovering.
  • Technical indicators, a major component of technical analysis, have their roots in financial market studies dating back to the 18th century.
  • From the above chart, we can interpret that the price action of AXS is dissimilar to that of BTC and ETH.
  • Monthly performance data shows the change in price of a cryptocurrency month over month.

You’d be more stupefied to learn that it takes an average of 60 days to complete a real estate transaction these days, despite digitization taking over most industries. Metropoly will expedite real estate transactions by bringing more efficiency to the multi-trillion-dollar industry. The Aroon Indicator is used to identify when trends are likely to change direction.

Realized Price Indicator Suggests a Prolonged Bitcoin Uptrend

Below you can see the Axie Infinity hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what Axie Infinity will be worth in one hour, today, tomorrow, over the next week and next month. Being founded by Sky Mavis on the benefits of the gaming, crypto, and blockchain industry, Axie Infinity is built on Ethereum (ETH) network. The token could see near-term rebounding chances with the support range standing sturdy. The bears are visibly exerting control over the immediate as well the long-term trend.

It can be a challenge to navigate, but it’s also part of the allure, offering the possibility of significant returns. As we move forward with our Axie Infinity price prediction, this volatility will be an essential factor to consider. What makes Axie Infinity stand out from the crowd is its pioneering play-to-earn model. The AXS token plays a pivotal role in this scheme, being the lifeblood of the game’s economic transactions and incentives. As per our most recent prediction on Axie Infinity’s value in 2023, AXS is anticipated to fluctuate within the range of $5.35 and $6.87.

XLM Price Predictions 2023-2030: Is Stellar Lumens Worth Investing?

Axie Infinity has experienced a hard time gaining momentum over the past 7 days, down 1.05%. AXS is showing bearish signs this week, now could be a good time to invest if you are thinking of buying Axie Infinity. The current price of Axie Infinity is $5.91 and it is currently ranked #48 out of all cryptocurrencies. The amount of supply currently in circulation for Axie Infinity is 140,506,242 with a total market capitalization of $830,098,294. To simplify the latest AXS price prediction, we have divided up the prediction by short term Axie Infinity price prediction and long term Axie Infinity price prediction. Additionally, to breed Axies, users would require Smooth Love Potion (SLP), which are the in-game token rewards.

axs crypto price prediction

If AXS successfully crosses these obstacles, then, it may enter the bull zone which is not that far off. Hence, we could conclude that there may be a period of consolidation for AXS before it starts to surge and touch the Bollinger band. Since that surge could be one bar that hits the upper band, traders need to be watchful to make maximum use of it. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility. Understanding the diverse utility of AXS in the Axie Infinity ecosystem gives you an idea of its intrinsic value. It’s not just a tradable asset but a vital cog in an ever-growing digital world.

Should I invest in axie infinity?

As we found in Google Trends and social media platforms, Axie Infinity Coin is trending in many countries. The utility-rich makeup of Metropoly gives it higher long-term growth potential than play-to-earn tokens like AXS. But it is best to buy the token via the website interface as it rules out the chance of falling for METRO copycats. The platform allows the buying and selling of fractional ownership of income-generating properties as NFTs in seconds. It will be as simple as trading stocks and make real estate investment accessible to everyone, no matter where you reside or what your credit score is.

axs crypto price prediction

Axie Infinity stands as a well-known blockchain-based game on the Ethereum network. Trung Nguyen, the current CEO of Sky Mavis, is the mastermind behind this game. Axie Infinity aims to demonstrate blockchain technology’s immense potential and lucrative economic prospects.

Axie Infinity (AXS) Fundamental Analysis

Historically the price of AXS last day of August was above the open price one times out of 3, and 2 out of 3 the price was lower than the price at the start of the month. The best month for Axie Infinity has been July for the last four years, three times the price of AXS at the end of July was higher than the price at the start of the month. The worst month is May, three times out of 4, the price at the end of May was lower than starting price.

Can Pepe’s Price Reach $0.000004? Axie Infinity and Pomerdoge … – Euro Weekly News

Can Pepe’s Price Reach $0.000004? Axie Infinity and Pomerdoge ….

Posted: Tue, 08 Aug 2023 07:56:30 GMT [source]

While AXS initially peaked at $97.78 on 3 January, it was downhill to a low of $42.11 as Russia invaded Ukraine on 24 February. There was something of a recovery to $74.37 on 25 March, but it was back down from there, as the Ronin hack and a series of market crashes left it at a low of $11.92 on 18 June 2022. One of the most notable crypto-related trends to hit headlines in 2021 was that of The Metaverse. Today, Axie Infinity (AXS) is trading at $5.92 with a total market capitalization of $832,287,187. Axie Infinity Shards, the ecosystem’s own governance token, are another component (AXS). These are used to take part in significant governance decisions and will provide holders a say in how money from the Axie Community Treasury is utilised.

AXS/EUR Pair

If the trend reverses, then the price of AXS may fall to the support of $4.64. Axie Infinity has amazing potential over the next few years as acceptance for cryptocurrency increases. Our market forecast indicates that by 2030, AXS could reach a new all-time high of $57.91. According to our Axie Infinity prediction, the maximum value is anticipated to be $37.52, while the potential low may be around $26.06. The change is expected to be moderate, and the average trading price may be around $31.79 for the entire year. According to Wallet Investor’s AXS price prediction, it is a bad long-term investment as the price at the year-end may drop to $2.044.

axs crypto price prediction

A nine-day EMA of the MACD, called the “signal line,” is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. Axie Infinity Price Prediction 2030,After analyzing AXS’s price data from the past 4 years, we predict that its price could potentially reach 66.80 USD by 2030. CoinsKid presented an AXS token price prediction, suggesting a closing price of $7.09 for 2022. They further projected a price of $10.61 by December 2023 and $13.60 by the same time in 2024.

AXS can be purchased on numerous crypto exchanges via debit and credit cards. For further information, you can read our reviews of crypto debit cards and crypto credit cards. Lastly, Wallet Investor adopted a more bearish stance in their Axie Infinity price prediction for 2023.

Are Play to Earn Games the Future? Axie Infinity and Pomerdoge … – The Coin Republic

Are Play to Earn Games the Future? Axie Infinity and Pomerdoge ….

Posted: Sat, 29 Jul 2023 13:46:00 GMT [source]

Meanwhile, our analysis forecasts an average price of $5.88, with a possible maximum AXS price up to $6.12. We also gather additional information from different sources to ensure we cover all necessary data or events. In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio.