Increasingly gaining attention, Axie Infinity (AXS) has shown an amazing performance in the market of trimming some digital currencies.
Axie has recorded over $ 5.5 billion in trading volume in 24 hours, breaking into the charts of the top 30 cryptocurrencies.
Yesterday’s trading session produced almost a 50% jump, ending the price level around $ 61.85.
The advancement of technology and the world game industry has prompted many investors to increasingly favor Axie games as they have attractive game features and gained a wide range of appeal.
Most recently, WazirX a largest cryptocurrency exchange in India has listed Axie into the platform.
⚡️️ @AxieInfinity is listed on #WazirX ️⚡️
AXS/INR and AXS/USDT trading is live on WazirX. You can now buy, sell, trade $ AXS in our INR and USDT market.
Spread the word 🙌https: //t.co/COdxxUrAnh
- WazirX: India To Bitcoin Exchange (@WazirXIndia) August 6, 2021
Interesting if you look closely at the current movement chart of the AXS/USDT price.
When the AXS analysis article was released in mid -July, the AXS was trading around $ 28.
It has consistently produced over 160% jumps drastically recording the latest all -time highs (ATH) reaching a price of $ 74 as of today’s trading session.
From a technical point of view, the price movement still remains a bullish trend and is hovering in the resistance zone around $ 71.
As for the next expectation, if the price movement remains with its upward momentum, it will record another all -time high (ATH) level if strong sentiment supports the AXS.
Meanwhile, if the AXS price movement shows a bearish trend again, the price movement will re -test the RBS zone (resistance become support) around $ 60 either to make a rebound or continue the decline to the lowest level.
At the time of writing, the AXS/USDT is trading at a price of around $ 70 soaring over 57 in the last 24 hours.
