Axie Infinity (AXS) Price Prediction 2022— Will AXS Hit $200 Soon?

  • Bullish AXS price prediction is $28.34 to $168.20.
  • The AXS price will also reach $200 soon.
  • AXS bearish market price prediction for 2022 is $12.30 to $6.10.

In Axie Infinity (AXS) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about AXS to analyze the future movement of the cryptocurrency.

Axie Infinity (AXS) Current Market Status

According to CoinGecko, the price of AXS is $13.41 with a 24-hour trading volume of $156,388,195 at the time of writing. However, AXS has decreased to 10% in the last 24 hours. 

Moreover, Axie Infinity (AXS) has a circulating supply of 80,079,528 AXS. Currently, AXS trades in cryptocurrency exchanges such as Binance, FTX, Gate.io, Coinbase, Bitfinex, KuCoin, Gemini, Bitstamp, Crypto.Com, OKX, Huobi Global, Bybit, and Kraken.

What is Axie Infinity (AXS)?

Axie Infinity (AXS) is the governance token of Axie Infinity, an Ethereum-based play-to-earn (P2E) NFT game. AXS was launched as an ERC-20 token in November 2020. The token also exists as a BEP-20 token, compatible with the Binance Smart Chain (BSC).

Axie Infinity was launched by the Vietnam-based Sky Mavis on the Ethereum blockchain in 2018. This P2E NFT game includes the Axies, native NFTs, and another governance token, Smooth Love Potion (SLP). By playing this game, users earn AXS and SLP tokens and later exchange those for other cryptocurrencies. 

Axie Infinity (AXS) Price Prediction 2022

Axie Infinity (AXS) holds the 46th position on CoinGecko right now. AXS price prediction 2022 is explained below with a weekly time frame.

AXS/USDT Falling Wedge Pattern (Source: Tradingview)

The above AXS weekly chart laid out a falling wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing.

From the above chart, we can interpret that the momentum of the downtrend is slowing down.

Currently, Axie Infinity (AXS) is at $14.52. If the pattern continues, the price of AXS might reach the resistance level of $15.85, $25.87, $44.60, and $76.62. If the trend reverses, then the price of AXS may fall to $12.30 and $6.10.

Axie Infinity (AXS) Support and Resistance Levels

The chart below shows the support and resistance levels of AXS.

AXS/USDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of AXS.

Resistance Level 1$28.34
Resistance Level 2$42.20
Resistance Level 3$78.80
Resistance Level 4$168.20
Support Level 1$14.25
Support Level 2$6.10
AXS Resistance & Support Level

The charts show that AXS has performed a bullish trend over the past month. If this trend continues, AXS might run along with the bulls overtaking its resistance level at $168.20.

Accordingly, if the investors turn against the crypto, the price of the AXS might plummet to almost $6.10, a bearish signal.

Axie Infinity (AXS) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Axie Infinity (AXS) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of AXS lies above the cutoff line, indicating stronger participants trading in the current trend.

AXS/USDT RVOL, MA, RSI (Source: TradingView)

Moreover, the Moving Average (MA) of Axie Infinity (AXS) is shown in the above chart. Currently, AXS is in a bearish state. Notably, the AXS price lies below 50 MA (short-term), so it is completely in a downward trend. There is a possibility of a reversal trend of AXS at any time.

Meanwhile, the relative strength index (RSI) of the AXS is at level 33.29. This means that AXS is in a nearly oversold state. However, this gives confidence to the traders to trade without any fear.

Axie Infinity (AXS) Price Prediction 2022 — ADX, RVI

Let us now look Average Directional Index (ADX) of Axie Infinity (AXS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

AXS/USDT ADX, RVI (Source: TradingView)

The above chart represents the ADX of Axie Infinity (AXS). Currently, AXS lies in the range of 12.46, so it indicates a weak trend. 

From the above chart, the Relative Volatility Index (RVI) of Axie Infinity (AXS). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of AXS lies below 50, indicating that the direction of volatility is low. In fact, AXS’s RSI is at the 33.29 level thus confirming a potential buy signal.

Comparison of AXS with BTC, ETH

The chart below shows the price comparison between Bitcoin, Ethereum, and Axie Infinity (AXS).

BTC Vs ETH Vs AXS Price Comparison (Source: TradingView)

From the above chart, we can identify the trend of the ETH, BTC, and AXS is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and AXS also increases or decreases respectively.

Axie Infinity (AXS) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Axie Infinity (AXS) might probably attain $220 by 2023.

Axie Infinity (AXS) Price Prediction 2024

With several upgrades in the network, Axie Infinity (AXS) might enter a bullish trajectory. If the coin grabs the attention of major investors, AXS might rally to hit $280 by 2024. 

Axie Infinity (AXS) Price Prediction 2025

If Axie Infinity (AXS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, AXS would rally to hit $350.  

Axie Infinity (AXS) Price Prediction 2026

If Axie Infinity (AXS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, AXS would rally to hit $430. 

Axie Infinity (AXS) Price Prediction 2027

If Axie Infinity (AXS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, AXS would rally to hit $470. 

Axie Infinity (AXS) Price Prediction 2028

Despite the trends in the highly-volatile crypto market, if Axie Infinity (AXS) holds up a strong stance as a better investment option for the next 6 years, it might drive significant price rallies. Thus, by 2028, AXS would hit $550.

Axie Infinity (AXS) Price Prediction 2029

If investors flock in and continue to place their bets on Axie Infinity (AXS), it would witness major spikes. AXS might hit $600 by 2029.

Axie Infinity (AXS) Price Prediction 2030

With greater advancements in the Axie Infinity ecosystem, the crypto community might continue to invest in Axie Infinity (AXS) for the next 8 years and drive significant price rallies for the token. Hence, Axie Infinity (AXS) might hit $650 by 2030.

Conclusion

With continuous improvements in the Axie Infinity network, we can say that 2022 is a good year for AXS. For this reason, the bullish price prediction of Axie Infinity (AXS) in 2022 is $168.20. On the other hand,  the bearish Axie Infinity (AXS) price prediction for 2022 is $6.10.

Furthermore, with the advancements and upgrades on the Axie Infinity ecosystem, the performance of Axie Infinity (AXS) would rise to reach above its new all-time high (ATH) of $164.90 very soon. But, it might also reach $200 if the investors believe that AXS is a good investment in 2022.

FAQ

1. What is Axie Infinity (AXS)?

Axie Infinity (AXS) is the governance token of Axie Infinity, an Ethereum-based play-to-earn (P2E) NFT game. It exists as an ERC-20 and BEP-20 token and was launched in 2018.

2. Where can you purchase Axie Infinity (AXS)?

Axie Infinity (AXS) has been listed on many crypto exchanges which include Binance, FTX, Gate.io, Coinbase, Bitfinex, KuCoin, Gemini, Bitstamp, Crypto.Com, OKX, Huobi Global, Bybit, and Kraken.

3. Will Axie Infinity (AXS) reach a new ATH soon?

With the ongoing developments and upgrades within the AXS platform, it has a high possibility of reaching its ATH soon.

4.  What is the current all-time high (ATH) of Axie Infinity (AXS)?

On November 06, 2021, Axie Infinity (AXS) reached its new all-time high (ATH) of $164.90.

5. Is Axie Infinity (AXS) a good investment in 2022?

Axie Infinity (AXS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Axie Infinity in the past few months, AXS is considered a good investment in 2022.

6. Can Axie Infinity (AXS) reach $200?

Axie Infinity (AXS) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Axie Infinity (AXS) will hit $200 soon.

7. What will be the Axie Infinity (AXS) price by 2023?

Axie Infinity (AXS) price is expected to reach $220 by 2023.

8. What will be the Axie Infinity (AXS) price by 2024?

Axie Infinity (AXS) price is expected to reach $280 by 2024.

9. What will be the Axie Infinity (AXS) price by 2025?

Axie Infinity (AXS) price is expected to reach $350 by 2025.

10. What will be the Axie Infinity (AXS) price by 2026?

Axie Infinity (AXS) price is expected to reach $430 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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