Best Crypto Play-to-Earn Games in 2024: Top Games with Real-World Value and NFTs You Can’t Miss
Decentralized Gaming Revolution: Blockchain-based games like Decentraland, Illuvium, Axie Infinity, Alien Worlds, and Big Time are transforming the gaming industry by enabling player ownership of in-game assets and decentralized economies through unique tokens.
Game Highlights and Tokens: Each game features distinct mechanics and token systems; for example, Decentraland uses MANA for virtual real estate, Illuvium's ILV supports creature battles, Axie Infinity's AXS facilitates breeding and trading, Alien Worlds' TLM allows resource mining, and Big Time integrates NFTs with RPG gameplay.
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Technical Analysis for AXS
Technical Sentiment Analysis for Axie Infinity (AXS) As of , Axie Infinity (AXS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AXS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AXS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Axie Infinity (AXS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.172 | 0.668 | 1.088 | 1.584 | 2.004 | 2.5 | 2.92 |
| Fibonacci | 0.668 | 1.018 | 1.234 | 1.584 | 1.934 | 2.15 | 2.5 |
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