- Bullish AXS price prediction ranges from $73 to $163.
- AXS prices might also reach $200 soon.
- AXS bearish market price prediction for 2022 is $13.682.
This Axie Infinity (AXS) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our AXS price analysis and prediction.
Axie Infinity (AXS) continues to be one of the active cryptocurrencies in the crypto space. As a matter of fact, crypto is now one of the top 30 cryptos in CoinGecko in terms of market capitalization.
Furthermore, the crypto recorded an over 3100% growth rate in the past year, an uptrend position. Today, AXS bounces back from its bearish few days ago and trades at a high price of $65.02. If the uptrend keeps on, AXS might create a new all-time high record in no time.
What is Axie Infinity (AXS)?
Axie Infinity is a blockchain-related trading and battling game that is partially owned and operated by its players. Moreover, the platform is inspired by famous games like Pokémon and Tamagotchi. However, it allows players to gather, breed, raise, battle, and trade token-related creatures called Axies.
More so, these Axies could take different forms, and there are over 500 different body parts available, that includes aquatic, beast, bird, bug, plant, and reptile parts. Parts from each type class come in four various rarity scales: common, rare, ultra-rare, and legendary. Notably, the Axies could have any combination of body parts, creating them highly variable and often rare and unique.
Each Axie is a non-fungible token (NFT) with various attributes and strengths. Moreover, it can be entered into 3v3 battles, with the winning team gaining more experience (exp) points that are used to level up an Axie’s stats or evolve their body parts. Even more, these Axies could be bred together to produce new and unique offspring, which could be used or sold on the Axie marketplace.
The Axie Infinity ecosystem also contains its own unique governance token, known as Axie Infinity Shards (AXS). However, these are utilized to participate in key governance votes and will give holders a say in the way funds in the Axie Community Treasury are spent.
Now that we are clear about AXS do you think AXS will be beneficial crypto in 2022? Join me and let us see the charts in this AXS price analysis and AXS price prediction.
Axie Infinity (AXS) Current Market Status
As of the time of writing this Axie Infinity price analysis, AXS trades at $65.02 with a 24-hour trading volume of $554,234,758. The price of AXS has decreased by 11.37% in the last 24 hours.
Furthermore, AXS has a current circulating supply of 60,907,500 AXS. Currently, the top cryptocurrency exchanges for AXS are Binance, Huobi Global, OKEx, and FTX, and Tokocrypto.
Now, let’s proceed to the next part of this AXS technical analysis 2022.
Axie Infinity (AXS) Price Analysis 2022
Currently, Axie Infinity holds 36th place on CoinGecko. But will the latest upgrades, developments, and changes in the AXS blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this Axie Infinity price prediction article.
From the Keltner Channel indicator above for AXS/USDT, it could be observed that the latest candlestick is above the bottom curve, which means that there are possibilities that the present bullish run might continue.
The chart above shows that the relative strength index of Axie Infinity (AXS) is 53.60 which means that the present bullish run is a strong trend.
The 90-MA of AXS/USDT is above the 30-MA which means that Axie Infinity is bullish in the long run.
Axie Infinity (AXS) Price Prediction 2022
The chart below shows that Axie Infinity has performed great over the past few days. Moreover, the AXS price is over 21% in the last 14 days. If this trend continues, AXS might run along with the bulls, overtaking its $73.382 resistance1 level and climb higher to $163.482, a 2022 bullish signal.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone AXS from its uptrend position. In simpler terms, the price of AXS might plummet to almost $13.682 at support2, a bearish signal.
Meanwhile, our long-term AXS price prediction 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $165.37 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.
Axie Infinity (AXS) Price Prediction 2022
If this bullish trend continues, Axie Infinity will reach $163 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $73 at resistance1. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $200 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Axie Infinity (AXS) Price Prediction 2023
The price of Axie Infinity can move even great heights, however reaching $400. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency Axie Infinity breaks past the psychological resistance level.
Axie Infinity (AXS) Price Prediction 2024
As per the latest upgrades, developments, Axie Infinity price prediction, and new project forecasts of the platform. Moreover, this might boost the price of Axie Infinity in the crypto market, and it will be the best investment as the price can spike and reach around $600.
Axie Infinity (AXS) Price Prediction 2025
In the next four years, Axie Infinity prices could race up to $800. However, reaching this level could not be so difficult for Axie Infinity as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Axie Infinity has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Axie Infinity (AXS) Price Prediction 2026
By the end of 2026, Axie Infinity prices could race up to $1000 due to the increased adopted of crypto and more investment in it.
Conclusion
With the continued strong marketing approach, we can say that Axie Infinity has a bright future ahead of it in 2022. Bullish AXS price prediction 2022 is $163. As said above, it may even reach $200 if investors have decided that AXS is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
With Axie Infinity showing so much promise, AXS can be a great investment compared to other tokens in the crypto space, but only if invested at the right time with the right price measure as per our Axie Infinity price prediction.
FAQ
Axie Infinity is a blockchain-related trading and battling game that is partially owned and operated by its players. Its native token is AXS.
Like other digital assets in the crypto world, AXS can be traded on many exchanges. Users can obtain AXS tokens by purchasing them from cryptocurrency exchanges such as Binance, Huobi Global, FTX, Upbit, and Bitcoin.com Exchange.
AXS is a good investment in 2022, this token could be considered by most of the crypto investors. However, AXS has a high possibility of surpassing its current ATH at about $165.37 this year.
AXS is considered one of the top-rising cryptocurrencies this year. Also, along with the recorded achievements of AXS in the past few months, we can say that AXS is indeed potentially good crypto to invest in this year.
AXS is considered one of the top-rising cryptocurrencies this year. Also, along with the recorded achievements of AXS in the past few months, we can say that AXS is indeed a potentially good crypto to invest in this year.
Axie Infinity (AXS) price is expected to reach $163 by 2022.
Axie Infinity (AXS) price is expected to reach $400 by 2023.
Axie Infinity (AXS) price is expected to reach $600 by 2024.
Axie Infinity (AXS) price is expected to reach $800 by 2025.
Axie Infinity (AXS) price is expected to reach $1,000 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
Recommended Articles
- Klaytn Price Prediction 2021 – Will KLAY Hit $2 Soon?
- Hex Price Prediction 2021 – Will HEX Hit $0.12 Soon
- Flow Price Prediction 2021 – Will FLOW Hit $37 Soon?
- Quant (QNT) Price Prediction 2021 – Will QNT Hit $100 Soon?
- Perpetual Protocol Price Prediction 2021 – Will PERP Hit $16 Soon?
Post a Comment