Axie Infinity(axs)market reviews and price predictions
Axie Infinity market statement for 2023-05-28
Yesterday the price of axs stood at $7.1. The market capitalization of the asset was $808 554 384. Axie Infinity’s volatility was established at 3.5%. The trading volume of the coin reached $31 160 280.
Axie Infinity prognosis for the next days:
We estimate the price of Axie Infinity to be $6.67 tomorrow 2023-06-03 and $6.86 on 2023-06-09;
We estimate the market capitalization of Axie Infinity to reach $791 965 567 tomorrow 2023-06-03 and $795 135 781 on 2023-06-05;
We estimate the volatility of Axie Infinity to become 1.64% tomorrow 2023-06-03 and 1.84% on 2023-06-05;
We estimate the trading volume of Axie Infinity to amount to $35 918 813 tomorrow 2023-06-03 and $38 926 771 on 2023-06-05.
Our recommendation for the pair AXS/USD for tomorrow, 2023-06-03, to sell.
The bullish pressure subsides between May 22 and May 28 as Axie Infinity gains only 3%.
The analysis of last week’s price action shows that the Axie Infinity market is in the phase since the price has been moving upward. AXS has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Slightly bearish : traders witnessed Axie Infinity moving down 2% from May 19 till May 25.
The analysis of last week’s price action shows that the Axie Infinity market is in the phase since the price has been moving downward. The situation on the AXS market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 12 - May 18 price action recap: Axie Infinity sees a weak 5% gain as the buyers take a step back.
The analysis of last week’s price action shows that the Axie Infinity market is in the phase since the price has been moving upward. AXS has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The bears stepped up a gear on May 3 - May 9, dropping the price of Axie Infinity by 8%.
The analysis of last week’s price action shows that the Axie Infinity market is in the bearish phase since the price has been moving downward. The situation on the AXS market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The capitulation of May 2 - May 8 : Axie Infinity experienced a 12% dive.
Between May 2 - May 8, Axie Infinity has been mostly bearish as its price has been in the falling mode. AXS was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 5% : The Axie Infinity market saw some bearish action last week (April 28 - May 4).
The downward movement of the Axie Infinity price last week indicates the chosen market is bearish. The situation on the AXS market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Axie Infinity retraces by 1% in the period April 22 - April 28 as the market turns slightly bearish.
The price of Axie Infinity was falling last from April 22 until April 28, giving enough reason to conclude that the market is bearish. The volatility associated with the AXS market was low, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Bearish response: The Axie Infinity price melts by 3% between April 13 and April 19.
The behavior of Axie Infinity last week was characterized by the occurrence of downswings. The volatility of AXS has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Axie Infinity showed a moderate 8% growth between April 10 and April 16.
Between April 10 - April 16, Axie Infinity has been mostly as its price has been in the rising mode. The volatility associated with the AXS market was low, as were its price fluctuations. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.
A 8% price increase last week (April 10 - April 16) confirms the bullishness of Axie Infinity.
Axie Infinity has been last week as its price has been predominantly rising. The price swings of AXS pointed to the presence of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.