Axie Infinity Shards Closed Yesterday Down -1.01%

The Hourly View for Axie Infinity Shards

  • Currently, AXS’s price is down $-0.2 (-0.92%) from the hour prior.
  • This is a reversal of the price action on the previous hour, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 100 hour moving average, resulting in them so that price is now turning below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Axie Infinity Shards’s hourly price chart is shown below.

AXS

The Daily View for Axie Infinity Shards

  • At the moment, AXS’s price is down $-0.22 (-1.01%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence between AXS’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in AXS’s price.

Below is a daily price chart of Axie Infinity Shards.

AXS

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