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Axieinfinity

AXS, big BULLISH FLAG breakout! Axie Infinity (AXS)! A huge hackers attack happened on a gaming project this week! About $622M was stolen! How will this affect the price? Let's find out! Right now the price is in the descending channel. Also, we can say that this is a bull-flag pattern. According to the rules, when the price breaks this flag, it should grow by 46% and reach the target of $90-100! We expect a test of the $53-58 value zone and a false breakout! If a BIG player will buy, we will see it on the big volumes! Will the price go up or down after the HACK? Write in the comments! Friends, press the "like" button and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
12
Hacked? The Problem With Cross-Chain Tokens and PlatformsLately there has been an increase in hacking activities in crypto and Web3 related projects as whole, as hackers target smaller projects and platforms to siphon money out of vulnerable systems. To be clear, none of the major protocols or coins has EVER been breached - Bitcoin, Ethereum, Dogecoin, Tezos, etc. The protocol has always been safe, and decentralized. But individual projects and platforms (including DAOs and DeFis) might be vulnerable. Crypto projects get hacked in two main ways: 1) For efficiency/speeds, crypto projects built on top of certain blockchains often have to be centralized to some extent in order to get the results needed. This often leads to vulnerabilities that can be targeted by hackers (ex. 1 login/password that gives the intruder access to everything). 2) 51% attacks - if the hackers are willing to front enough money to own 51%+ of the tokens, they can use that leverage to basically control the whole blockchain for their own purposes at any time. This gets more difficult as the network grows (since it becomes more expensive to reach 51%+) but smaller blockchain projects are vulnerable to these types of attacks since it requires much less resources than trying to target larger networks. (The major coins out there are basically impossible to 51% attack at this point.) Because Web3 projects is still in its early stages at this point, breaches like these may become more commonplace and people may end up losing a lot of money if they're not careful. Buyer beware, either way. According to Vitalik, the solution to this problem is Maximalism a "healthy intolerance" of other forms of thinking. (This is an April Fools joke, just in case. lol) vitalik.ca
Long
by RyanTanaka
AXIS IS ON STEROID BUT PULL BACK IS IMMINENTThis asset has seen a great upward force lately, this has helped push the price of this asset positively. AXS is currently at FIB23.6 and it may act as a resistance if the buying force is not enough to breakthrough. I took profit today on my short term investment Axieinfinity with a whopping 40% return on investment. My next TP will be at FIB38.2 which is around $90. I am bearish for now. trade with care. Kindly like, comment and follow.
Short
by ForexClinik
SLP Prediction for Long TermIn the daily timeframe of SLP, we have ended the bearish cycle. We are now currently in the beginning of a bullish cycle. Using Elliot Wave Fibonacci levels, I predict that we will hit 0.0566 , from there we will retrace to 0.0410 , and lastly we will jump high to 0.0855 . In the retracement for wave 2 there is a double EMA cross which is a good buy signal for long term. Looking as well on the volume, we had a high volume rally in wave 1 and the retracement was low volume, this is a good sign that SLP will go very high in the near future. SLP is now on the bullish cycle and I think that SLP will reach its ATH by the end of the year. Origin is fast approaching and once it comes out, we will see the biggest pump of SLP for this year. As long as SLP is above the RSI level, SLP will have good results.
Long
by elexicius
Smooth Love Potion (SLP)Smooth Love Potion (SLP) has recently retested our (.020) area. This is the 4th day the said area has acted as a strong demand/support zone. We are currently stuck in between 2 important zones. Our charts are indicating a potential move to the upside. Once we see a potential move to the 0.023 we may encounter selling pressure since we have had 3 daily timeframe rejections in this area, unless new fundamentals kick in and we see a huge momentum/volume towards the upside.
by Deangod
SLP BIG SIGNALSDue to the recent news, the Ronin ecosystem was hacked. Lots of people got scared which resulted a dump in most coins like AXS, RON, and SLP. SLP went down to about 16% because of the FUD. Focusing in the chart, signals are getting stronger and stronger. The hidden bullish divergence we have is still intact, the longer it stays that way the bigger the pump once the divergence plays out. We have a big bullish butterfly pattern and a double bottom appearing in the 1H TF. If the RSI breaks the resistance which is the black line, we will go up. We could reach levels: 0.0226, 0.0229, 0.0238 , and most likely higher once Origin comes out. If Sky Mavis continues to release the alpha test for Origin despite the hacking that happened, we will pump big. This is a good opportunity for them to release Origin. Big reversal will come anytime soon.
by elexicius
Bulls Incentive For AXS Token Finally, is $100 Define Next move?The Axie Infinity Token has reversed its declining trend and started rising higher, seeing a nearly 44% spike this week. Axie Infinity Token interpreted the 100-day moving average line yesterday and is consolidating to reach the 200-EMA. The SuperTrend indicator gave a bullish sign last night over the daily price chart. Axie Infinity Token price is being seen above the 20- and 50-day EMAs, as well as recently, holders pushed costs above the 100-EMA (Yellow) last night. Besides, the 200-EMA is forming a bullish barrier. The RSI is moving towards an overbought zone in terms of the daily price chart. While the RSI is at 72-point, it indicates stability in the bullish momentum as long as the price action does not show any bearish signs. Axie Infinity holders have a chance to achieve their goals once again. Following the sharp rise, the coin could pull back and the 100-EMA could act as a support zone for long-term investors of the AXS token. Support level - $45 and $35 Resistance level - $90 and $115
Long
by TheCoinRepublic
Axie Infinity , Buy or wait ❔❕🔖One of the most popular coins among gamers axie infinity after its price explosion and amazing climb in recent months. Now, like the rest of the market, it has entered a correction phase and has dropped to $ 45 📌 It has now reached its important bullish support area It is also fluctuating near downtrend line The price is expected to break the trend line around $45-50 and move to $70-80. 💎 We have to see if Bitcoin can maintain 40k level given the current situation axie I think can start its upward movement ➖➖➖➖➖➖ All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help . ⚠️ This Analysis will be updated ... 📊 #AXSUSDT ( Axie Infinity ) 💹 Time Frame : Daily 🔵 Personal Opinion : Long 🎯 Next Targets : $66 — $72 - $83 👤 Saeid.Mahbob 📅 3.Mar.22 ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by SaeidMahbob
7
Axie infinity got a triple bull storm brewing. Much like ethereum, Axie Infinity has an Adam and Eve double bottom, a larger standard double bottom, and an inverse head and shoulders all rolled into one. Unlike the ethereum inverse head and shoulders, the one here on axie may not be valid as it does appear that the right shoulder has a slight wick lower than the wick of the head…but if the inv h&s pattern on this one is not valid, we should still reach its target and beyond on the way to both of the double bottom targets… unless of course some major black swan event were to occur and cause a massive sell off. Barring that, probability is favoring the bulls on this one. *not financial advice*
FTX:AXSUSDLong
by DrDovetail
SLP/USDT strong potential in parallel of AXS bullish momentumSLP/USDT strong potential in parallel of AXS bullish momentum - NFT Sector Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points. SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens Context: Regarding the lake of historical data it for now not possible to present picture with a strong conviction - However the few technical elements and wave proportion can already leaning towards an interesting upside potential in parallel of the success on AXIE here the view on Axie => Tactical view - 1 to 3 weeks The fact that 3 key elements (EMA upside breakout, RSI 50% upside breakout and first Harmonic on 3H basis upside breakout) are already bullish pre-signal allow us to be confortable with a larger rise at least to test 0,0910 in order to complete the harmonic auto-similar move (action/reaction). The next target above 0,0910 are more to be consider for a strategic horizon once 0,0910 has been surpassed at least in a daily close. As long as 0,0125 remains a key tactical support valid the market is expecting to accumulate bullish momentum in dip (area possible 0,0215/0,0150) to reach 0,0910 Enjoy
Long
by JeanJean1983
5