BTC ETF records 5-day inflow streak, ETH eyes $6k as new token takes over P2E market
Bitcoin and Ethereum Market Dynamics: The crypto market is witnessing significant movements with Bitcoin ETF inflows and a potential surge in Ethereum's price towards $6,000, despite recent fluctuations and resistance levels. Institutional interest remains strong, particularly in BlackRock’s iShares Bitcoin Trust.
Yeti Ouro's Rise in MemeFi Gaming: Yeti Ouro (YETIO) is gaining popularity as a viral ERC-20 token in the Play-to-Earn gaming sector, offering real-world utility through its P2E racing game, Yeti Go. The project has attracted substantial presale investments and aims to capitalize on meme culture while integrating gaming rewards.
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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 | 0.17 | 0.667 | 1.086 | 1.583 | 2.002 | 2.499 | 2.918 |
| Fibonacci | 0.667 | 1.017 | 1.234 | 1.583 | 1.933 | 2.15 | 2.499 |
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