Axie Infinity continues to face rejection. Are buyers giving up?

2022-12-9 21:34

Axie Infinity token lost 6.60% on Thursday despite previous gains

Axie Infinity has been recording increasing activity on the platform

The token faces resistance at the 50-day moving average

After strong gains, Axie Infinity’s (AXS/USD) price is weakening. The token traded down by 6.60% in 24 hours, despite retaining a 16% weekly surge. As CoinJournal reported, Axie Infinity’s bullishness reflected increasing activity on the blockchain.

The increased activity on the play-to-earn gaming platform happens even as decentralisation takes shape. According to a December 05 announcement, “invested” community members have come together to achieve the goal. The announcement stated that more than 600 dedicated members had come together to share Axie Infinity’s future. Besides, Axie Infinity is building an inaugural pilot “season” for its “Governance” section. As a result, it has selected 700 contributors for the trials.

The reaction of the Axie Infinity token to the recent developments may foretell that some positives are to be expected. However, AXS remains subdued by a bear market. 

AXS trades at the 50-day MA but is facing bear pressure

AXS/USD Chart by TradingView

From the technical outlook, AXS faces pressure, although the momentum is slightly bullish. The MACD indicator is bullish and recently crossed above the neutral zone. The cryptocurrency trades at the 50-day MA after initially pushing above it.

Can AXS sustain the upside?

Largely, AXS’s price is bearish. The cryptocurrency has been on a downtrend. If bulls are to capitalise on the relief rally, they must avoid a drop below the 50-day MA. Recovery at the moving average will set AXS for the next potential resistance at $11.

Conversely, a drop below will pit AXS to the 20-day MA or $6 bottom. Investors should watch the price action for further confirmation.

Where to buy AXS 

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy AXS with eToro today Disclaimer

Coinbase

Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from. Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.

Buy AXS with Coinbase today Disclaimer

The post Axie Infinity continues to face rejection. Are buyers giving up? appeared first on CoinJournal.

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Infinity Economics (XIN) на Currencies.ru

$ 0.0011894 (-0.44%)
Объем 24H $35
Изменеия 24h: 39.29 %, 7d: 109.98 %
Cегодня L: $0.0011894 - H: $0.0011894
Капитализация $0 Rank 3403
Доступно / Всего 0 XIN

infinity axie gains token price resistance faces

Источник: coinjournal.net

infinity axie → Результатов: 126


Фото:

Pomerdoge sees Trader influx as Axie Infinity and Floki Price Suffer Sharp Drop

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2023-5-18 12:33


Цена токена Axie Infinity подскочила на 17%

Курс криптовалюты Axie Infinity (AXS) вырос на 17% после объявления о том, что игра Axie Infinity: Origins стала доступна в App Store для пользователей iPhone в некоторых странах. 17 мая после публикации новости в блоге проекта стоимость токена в моменте поднялась с $6,92 до $8,11, пишет РБК Крипто.

2023-5-17 17:58


Цена Axie Infinity подскочила в ожидании разблокировки токенов

Курс токена Axie Infinity (AXS) вырос на 40% за последние 24 часа. Утром 23 января он достиг $13,91, обновив максимум с 6 октября 2022. По данным CoinGecko, на 16:40 мск актив торгуется около отметки $12,28, пишет РБК Крипто.

2023-1-24 16:55


Бычий тренд крипторынка помог Axie Infinity вырасти на 22%

25 марта второй по величине игровой токен по рыночной капитализации Axie Infinity (AXS) вырос на 22% до $73,05. Всплеск цен произошёл после того, как разработчик игры Sky Mavis обрисовал планы по улучшению управления сообществом в одноимённой игре.

2022-3-28 10:57


Фото:

Разработчики Axie Infinity запустили токен управления в сети Ronin

Компания Sky Mavis, стоящая за одной из популярных криптовалютных игр Axie Infinity, запустила токен управления RON в сети Ronin – сайдчейне Эфириума, который используется для Axie Infinity.

2022-1-29 09:40


Аналитик указал на перспективы игрового токена Axie Infinity

Ведущий популярного канала Coin Bureau о криптовалютах задался вопросом, может ли токен популярной онлайн-игры Axie Infinity (AXS) добиться большего успеха после того, как в этом году он взлетел на ошеломляющие высоты.

2021-12-1 11:53


Токены Solana и Axie Infinity ушли на коррекцию

Solana опустилась ниже $ 160, поддержка отмечена уровнем Фибоначчи 61,8%, поскольку снижение имеет тенденцию к продолжению до $ 150.  Axie Infinity готовится протестировать поддержку на уровне $ 120, однако дневное закрытие выше $ 130 откроет путь к серьёзному восстановлению.

2021-10-6 12:50


Sky Mavis to launch Decentralized Exchange for Axie Infinity

Jeff Zirlin, the co-founder of the Axie Infinity game, has announced plans to launch a DEX to permit buying and selling of AXS and SLP tokens on-chain. Axie Infinity, the game that allows people to battle chubby, fantastical beasts, and earn Axie Infinity Shards (AXS), which are ERC20 governance tokens, and clean love potion tokens … Continued The post Sky Mavis to launch Decentralized Exchange for Axie Infinity appeared first on BeInCrypto.

2021-10-4 15:27


Власти Филиппин предложил обложить налогом операции с токенами Axie Infinity

На фоне популярности NFT-проекта Axie Infinity на Филиппинах мерчанты начали принимать внутриигровые токены Smooth Love Potion (SLP) в качестве средства оплаты. Масштабы сделок достигли таких объемов, что ситуацией заинтересовался местный Минфин, сообщает Philippine Daily Inquirer.

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