December 19, 2024 AXS – Axie Infinity Daily Chart Analysis
Outlook
AXS current price is 6.59 USDT and the current market cap is 14.085.478 USDT. This chart period started 210 days ago (24 May 2024) with a total of 108 days closing above the opening price and 101 days closing below the opening price. The lowest price was 3.84 USDT on 05 August 2024, and the highest price was 10.35 USDT on 04 December 2024. The current price is 71.77% above the lowest price and 36.34% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 7.16
22-Day Moving Average: 8.19
50-Day Moving Average: 6.78
100-Day Moving Average: 5.82
250-Day Moving Average: 6.05
500-Day Moving Average: 6.54
Moving Average Analysis
The current price is %7.98 lower than the 5-Day moving average and has been below it for 0 days.
The current price is %19.55 lower than the 22-Day moving average and has been below it for 0 days.
The current price is %2.81 lower than the 50-Day moving average and has been below it for 0 days.
The current price is %13.18 higher than the 100-Day moving average and has been above it for 28 days.
The current price is %8.92 higher than the 250-Day moving average and has been above it for 28 days.
The current price is %0.83 higher than the 500-Day moving average and has been above it for 27 days.
Trends
The longest uptrend in the 210 day period is 8 days. It started at 7.26 USDT on 26 November 2024 and ended by increasing by 31.67% to 9.56 USDT on 04 December 2024.
The longest downtrend is 5 days. It started at 6.40 USDT on 20 July 2024 and ended by decreasing -11.16% to 5.68 USDT on 25 July 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 7.40 USDT on 14-12-2024
Support: 7.31 USDT on 15-12-2024
Support: 7.28 USDT on 16-12-2024
Support: 7.16 USDT on 17-12-2024
Support: 6.51 USDT on 18-12-2024
Support: 6.18 USDT on 19-12-2024
Last 7 days resistance levels:
Resistance: 8.06 USDT on 14-12-2024
Resistance: 7.97 USDT on 16-12-2024
The lowest support level is 6.18 USDT on 19-12-2024, and the highest resistance level is 8.06 USDT on 14-12-2024. The percentage difference between these levels is approximately 30.4%.
Volume
The previous trading day’s volume (18-12-2024) 1,661,387.22 USDT. Highest volume in the last 210 days is 12,017,265.31 USDT on 24-11-2024. Lowest volume in the last 210 days is 200,366.05 USDT on 07-09-2024. Difference between highest and lowest volume is 5897.66%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 1,797,592.11 USDT
22-day Moving Average Volume: 2,757,466.01 USDT
50-day Moving Average Volume: 2,603,699.95 USDT
100-day Moving Average Volume: 1,770,166.98 USDT
250-day Moving Average Volume: 1,195,718.79 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 1,661,387.22 USDT
Previous day’s volume is 7.58% lower than the 5-day moving average.
Previous day’s volume is 39.75% lower than the 22-day moving average.
Previous day’s volume is 36.19% lower than the 50-day moving average.
Previous day’s volume is 6.15% lower than the 100-day moving average.
Previous day’s volume is 38.94% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -34.81% lower than the 22-day moving average.
22-day moving average is 5.91% higher than the 50-day moving average.
50-day moving average is 47.09% higher than the 100-day moving average.
100-day moving average is 48.04% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 16-10-2024 with a volume of 465,428.15 USDT and ended on 20-10-2024 with a volume of 4,285,229.22 USDT, lasting for 4 days and representing a 820.71% increase.
The longest consecutive volume decrease started on 24-11-2024 with a volume of 12,017,265.31 USDT and ended on 28-11-2024 with a volume of 1,162,886.23 USDT, lasting for 4 days and representing a 90.32% decrease.
Price Volume Coorelation
During the longest volume increasing period price increased from 4.74 USDT to 5.19 USDT, which represents a 9.51% increase.
During the longest volume decreasing period price decreased from 8.34 USDT to 7.84 USDT, which represents a 6.05% decrease.
Strategy
After peaking on December 4, it fell below the 500-day moving average today, and the 500-day moving average acted as support, and a reactionary rise occurred.
A “long” position should not be opened before closing with an increase for two consecutive days
AXS – Axie Infinity
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
