Axie Infinity (AXS) is the governance and utility token of the popular blockchain game that combines NFTs and play-to-earn mechanics, giving it real ecosystem use beyond pure speculation. After major volatility, AXS has recently seen strong rallies and renewed trading interest, with prices up significantly over the past week and breaking key resistance zones, though it still remains far below its all-time highs.
Short-term price swings are driven by market sentiment, profit-taking after rallies, and technical resistance around major fib levels near ~$2.00-$2.20, with support near ~$1.60–$1.70 critical to maintain upside momentum.
Trading volume is elevated compared with earlier phases, reflecting increased interest in gaming tokens and potential rotation from broader market assets.
Longer-term prospects depend on Axie Infinity’s ecosystem growth, player engagement, and continued GameFi adoption, though risks remain from broader crypto cycles and historical declines. $AXS
AXS
2.083
-4.09%