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Axie Infinity (AXS) has a Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Monday: What's Next?

Monday, August 08, 2022 07:09 AM | InvestorsObserver Analysts
Axie Infinity (AXS) has a Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Monday: What's Next?

Axie Infinity (AXS) gets a bullish rating from InvestorsObserver Monday. The crypto is up 4.25% to $19.08 while the broader crypto market is up 4.09%.

Sentiment Score - ,
Axie Infinity has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Axie Infinity!

Bullish

Over the last five days, Axie Infinity has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Axie Infinity over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Axie Infinity is currently trading near its five-day high of $19.1133149534406. The crypto is 0.17% off its five-day high and is 14.59% higher than its five-day low of $16.65.

Axie Infinity price is currently above resistance. With support set around $17.79 and resistance at $18.87, Axie Infinity is potentially in a volatile position if the rally burns out.

Axie Infinity has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Axie Infinity

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