One of the growing trends in the crypto verse is blockchain gaming. The young and promising project that is ruling the gaming sector is Axie Infinity. The platform has its own native token AXS. This protocol came up with stunning functionality, where traders can earn through gaming. And well, It was a huge success!
AXS’s price has increased dramatically since its inception, and boasts an ROI of 9810.88%, despite the numerous falls of the industry. Its exceptional performance and notable revenue have turned heads in the industry. Marketers are still wondering if they should get some AXS before its too late. In this write-up, we illustrate the feasible AXS price predictions 2023 – 2025 and the years to come!
AXS Price Prediction September 2023
The crypto has been trading in a consolidated range of $4.40 and $4.61 since the start of the month. The coin had experienced massive price volatility in the middle resulting in the price to break down its support level. The bulls then managed to regain power and push the price to new monthly high by breaking multiple resistance levels.
After this the price experienced another dip in its price resulting in the price to trade back into the consolidated range. The coin is now trading close to its resistance and is on the verge of breaking out of it once again.
The RSI was displaying a rise in its averages indicating a massive buying and selling power for the coin. Further, AXS shows a recent dip in the levels indicating the price to trade in bearish influence. On the other hand, MACD displays a increase in its histogram indicating the price to experience a price action. Moreover, the histogram indicates the price to further climb before undergoing a correction.
If the bulls manage to gain power and break the resistance level at $4.61 then the price will experience a bullish movement resulting in the price to prepare itself and test the then resistance of $4.85 by the end of this month.
On the flip side, if the bears overpower the bulls, then the market may experience a trend reversal resulting in the price to fall into bearish trap. Further if the market fails to hold the support level of $4.40 then the Axie Infinity price is bound to test its crucial support level of $4.14 by the month-end.
Axie Infinity Price Prediction 2023
The coin has been trading constantly in a descending channel since the month of February. Axie Infinity has wiped out all its gains from the yearly surge. Further, the coin has constantly failed multiple attempts to break out of the resistance level.
The RSI had been trading close to the oversold range for almost a month now following which the graph quickly shot close to its mid-point indicating a massive buying and selling power. On the other hand, the MACD displays constant flatline on the histogram indicating uncertainty in the future price action for the crypto and also weak price action.
The NFTs and gaming sector could further flourish in the crypto sphere in 2023. Which would bring impetus to the price action of AXS, that could rocket to its maximum of $9.28.
However, negative criticism and depleting volumes could land the price at $4.37. Constrained by linear momentum, the average price might settle at $6.82.
Axie Infinity Price Prediction 2023 – 2030
According to the network’s whitepaper, the network is coming up with a series of updates. Such as AXS staking, Land gameplay community alpha, and mainstream release of the application on smartphones.
Axie Infinity Crypto Price Prediction 2024
Learning from Into The Block’s holding distribution. The count of tokens held by addresses has been ranging in linear momentum. Successively, the negligible change makes AXS immune to massive downswings, and also translates to the collective growth of the asset. On a positive note, AXS’s price could compound on gains to claim its potential high of $13.70 by the end of 2024.
Conversely, a possible economic crisis or regulatory crackdowns, could knock the price down to $7.81. That said, a balance in every day trade activities could pave the way for an average price tag of $10.75.
Axie Infinity Price Prediction 2025
As NFT’s marketplace is going to flourish in upcoming years, with its promising events in line. The future seems to be really positive for Axie infinity and new milestones are anticipated on its way. If the network successfully executes the planned events, then the price may hit $18.12 by the end of 2025.
On the downside, if the network fails to attract new community bases, and falls prey to rumors. The bears may easily take over. In such a case the AXS price may plunge down to $11.79. Successively, considering the bullish and bearish targets, the regular price might find its base at $14.95.
AXS Price Prediction 2026
According to our analysts, AXS coin price prediction for the year 2026 could range between $15.61 to $23.55 and the average price of Axie Infinity could be around $19.58.
Axie Infinity Price Prediction 2027
According to our analysts, Axie Infinity price for the year 2027 could range between $20.13 to $27.91 and the average price of AXS could be around $24.02.
AXS Crypto Price Prediction 2028
According to our analysts, AXS’s prediction for the year 2028 could range between $24.67 to $31.28 and the average Axie Infinity coin price could be around $27.98.
AXS Price Prediction 2029
According to our analysts, Axie Infinity’s forecast for the year 2029 could range between $28.95 to $35.93 and the average AXS coin price could be around $32.41.
Axie Infinity Price Prediction 2030
According to our analysts, AXS predictions for the year 2030 could range between $35.20 to $43.29 and the average Axie Infinity price could be around $39.24.
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Axie Infinity Price Prediction
The project seems to be unstoppable with a series of events lined up for launch. According to formulated Axie Infinity price prediction. If the network witnesses timely launch of upgrades the price may easily surpass the $9.28 mark this year.
If the network fails to execute its plan, then the price can also dip to $4.37. Considering everyday buy and sell pressure and keeping the above factors in mind the average price could be at $6.82.
Axie Infinity was launched by Sky Mavis, the Vietnam-based technology-focused game developer organization. The platform has two founders Trung Nguyen and Aleksander Larsen. Trun Nguyen is the present CEO of the network. Nguyen accomplished his graduation with a BS in computer software engineering. And prior to founding the platform, he had accumulated experience of more than a year as a software engineer at Anduin Transactions.
On the other hand, Aleksander Larsen, another co-founder of Axie Infinity, has gained experience in blockchain gaming since 2017. He had also contributed his service as the executive security officer for the Norwegian government security organization. Apart from these founding members, the network consists of dozens of dedicated individuals.
Axie infinity witnessed a rise in its user base in 2021, surpassing a total of 1 million users. With all these player bases there comes the need for regular updates and revolutionary content. In order to fulfill the same, the network is coming up with many exciting updates. Such as AXS staking, updates on Axie infinity shards, Integration with the iOS/App store, and many more in its bag!
What Is Axie Infinity?
Axie Infinity is an interesting blockchain game, which aims to bring masses to the crypto space in a fun way. AXS is a play-to-earn token built on the ETH (Ethereum) network, which is used for governance on the platform. This revolutionary concept was developed in the year 2018. By Trung Nguyen, Aleksander 0Larsen, Tu Doan, Andy Ho, and Jeffrey Zirlin.
The unique idea was inspired by popular games like Pokémon and Tamagotchi. The token supports users to collect, breed, raise, battle, and trade token-based creatures known as Axie. This token can take several forms, and there are over 500 Axie body parts. Including aquatic, beast, bird, plant, reptile, and more. Moreover, the parts also come with four different rarities: Common, Rare, Ultra rare, and Legendary.
Each Axie is an NFT with unique features and benefits that will take a turn to compete in 3v3 battles. The winning team earns more experience points that are further utilized to level up their Axie’s scores or transform body parts. These Axie can be combined together to evolve new and different offspring, which can be further sold on the platform’s marketplace.
Historic Market Sentiments 2020 – 2021
- Axie Infinity entered the market in November 2020 with an ICO of $0.1. As the network entered the market almost toward the year-end, the price hovered at the value of $0.5 with no activity.
- The AXS hovered around $2 during the first two months of 2021. In March the platform came up with development upgrades, and also made major media appearances. Which helped the price spike to $10 by May-end. It fell into a bearish trap on May 19th and lost almost 60% of the value, dropping to $3.
- The increased popularity of NFT’s in the month of July, commenced its intense bull run hitting $81.2 on July 28th. Going through some variations the Axie Infinity (AXS) price hit $92.21 by the end of Q3. Q4 was bullish for AXS, as it shot up to $165.27 by the 7th of November. However, the digital token sunk down to $92.15 by the end of the year.
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