AXS Price Prediction: What’s Next for Axie Infinity’s Future Growth

Juhi Mirza
How $5.9 Million Worth of Crypto Was Seized From Axie Infinity Hack?
Source: Charlie Intel

Axie Infinity is the OG blockchain game, the harbinger of trends, that once commanded the domain of crypto with significant ease and attention. The market holistically embraced the aforementioned blockchain game phenomenon, with Axie Infinity becoming a common household game for crypto natives to earn decent passive income from. However, with changing times and the evolution of the crypto domain in general, the game’s popularity has leveled up a bit but is still going strong, despite the recent market changes and volatility. With analysts weighing in on its future price, here’s how the AXS price is bound to surge and spike in the near future.

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Axie Infinity: The OG Rage of the Market

Axie Infinity: How To Play?
Source: The Whale Journal

Each industrial domain has trendsetters. The OGs who lead the space. Axie Infinity stands out as one of the OGs of the crypto market. It introduced a comprehensive blockchain game packed with tasks that let users explore new streams of passive income. The game was incredibly popular among the masses and continues to rake in more members with each passing time. The Axie Infinity team continues to introduce new elements, revamping the game to suit trending domain narratives.

Moreover, the game enables users to collect AXS tokens, through which users can explore the Axie Infinity game in depth, making viable purchases to level up in the game.

“The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes. And will give holders a say in how funds in the Axie Community Treasury are spent.”

Is AXS In Bloom?

The token is once again gaining momentum, sparking high price expectations. As per Jonathan Carter, a leading cryptocurrency expert, AXS is now moving towards a new high, as the token attempts to break away from its descending triangle formation.

“#AXS Descending Triangle Breakout Attempt. Axie Infinity is testing the upper resistance of a descending triangle pattern on the daily timeframe. The current price action shows signs of accumulation around this. We could see the price surge toward targets at $2.65, $3.15, $3.70, and $4.60 🎯.”

Javon Marks, another key analyst, has shared how AXS is targeting a new price path of $12.

“With breakouts holding on $AXS (Axie Infinity) and now a huge confirmed regular bullish divergence. These prices can be getting ready for a MASSIVE BULL REVERSAL. Which, at the minimum, can consist of an over 300% climb to $12+, modestly.”

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