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Weekly forecast Axie Infinity technical chart
Symbol AXSUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateNovember 25, 2021 - 11:18
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 94.831 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 155.27 on 2021-10-04 and the peak at 166.09 on 2021-11-06, the probability of uptrend continuation is decreased and the probability of beginning the correction wave is increased.
  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 120.3000 on 11/18/2021, so more gains to resistance(s) 155.3513, 166.1540, 180.0000 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 54.

Symbol Released Current Forecast
Axie Infinity (AXSUSD) Sat, 13 Apr 2024
Axie Infinity (AXSUSD) Sat, 6 Apr 2024
Axie Infinity (AXSUSD) Sun, 31 Mar 2024
Axie Infinity (AXSUSD) Sat, 23 Mar 2024
Axie Infinity (AXSUSD) Sun, 17 Mar 2024