Axie Infinity Price Prediction: Bullish Trend May Push Price to $7!
• The Axie Infinity price prediction sees a 1.68% price increase over the past 24 hours of trading as the cryptocurrency touches $127.
• The Axie Infinity may face the upside as the red line of the 9-day MA moves to cross above the green line of the 21-day MA.
• The Axie Infinity price may need to rise above $7.0 if the buyers keep the price above the 9-day and 21-day moving averages.
The cryptocurrency market has seen a lot of action in the past few days, with many coins experiencing significant price movements. One of the coins that has seen a significant change in price is Axie Infinity, which has seen a 1.68% increase in price in the past 24 hours. At the time of writing, the Axie Infinity price is at $127, making it one of the top performers in the market.
The Axie Infinity price prediction sees a lot of potential as the red line of the 9-day Moving Average (MA) is set to cross above the green line of the 21-day MA. This is seen as a bullish sign and may indicate that the Axie Infinity price is ready to move upwards. Moreover, the Relative Strength Index (14) is also moving above the 50-level, further confirming that the market is ready for a bullish trend.
The Axie Infinity price may need to rise above $7.0 in order for the market to remain in the bullish stage. This will require the buyers to keep the price above the 9-day and 21-day moving averages. If the buyers are able to do this, then the Axie Infinity price may reach the first level of resistance at $7. On the other hand, if the sellers take control of the market, then the Axie Infinity price may experience a sharp decline.
Overall, the Axie Infinity price prediction is looking positive and could see a significant increase in price in the near future. The market will need to remain above the moving averages in order for the bullish trend to continue. If the buyers can keep the price above the support levels, then the Axie Infinity price may reach its first level of resistance at $7.