{"id":14153,"date":"2022-12-08T18:41:31","date_gmt":"2022-12-08T18:41:31","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/08\/axie-infinity-axs-usdcontinues-to-face-rejection-are-buyers-giving-up\/"},"modified":"2022-12-08T18:41:31","modified_gmt":"2022-12-08T18:41:31","slug":"axie-infinity-axs-usdcontinues-to-face-rejection-are-buyers-giving-up","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/08\/axie-infinity-axs-usdcontinues-to-face-rejection-are-buyers-giving-up\/","title":{"rendered":"Axie Infinity (AXS\/USD)continues to face rejection. Are buyers giving up?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670524367554-45d3d1f1-20c7-408d-a7fe-84aa0678d852-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670524367554-45d3d1f1-20c7-408d-a7fe-84aa0678d852-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670524367554-45d3d1f1-20c7-408d-a7fe-84aa0678d852-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670524367554-45d3d1f1-20c7-408d-a7fe-84aa0678d852-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670524367554-45d3d1f1-20c7-408d-a7fe-84aa0678d852.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Axie Infinity token misplaced 6.60% on Thursday regardless of earlier features<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Axie Infinity has been recording growing exercise on the platform<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The token faces resistance on the 50-day shifting common<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">After robust features, Axie Infinity\u2019s (AXS\/USD) worth is weakening. The token traded down by 6.60% in 24 hours, regardless of retaining a 16% weekly surge. As CoinJournal\u00a0<a href=\"https:\/\/coinjournal.net\/news\/why-is-axie-infinity-axs-price-rising-today\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>reported<\/u><\/a>, Axie Infinity\u2019s bullishness mirrored growing exercise on the blockchain.<\/p>\n<p dir=\"ltr\">The elevated exercise on the play-to-earn gaming platform occurs at the same time as decentralisation takes form. According to a December 05 announcement, \u201cinvested\u201d group members have come collectively to obtain the objective. The announcement said that greater than 600 devoted members had come collectively to share Axie Infinity\u2019s future. Besides, Axie Infinity is constructing an inaugural pilot \u201cseason\u201d for its \u201cGovernance\u201d part. As a end result, it has chosen 700 contributors for the trials.<\/p>\n<p dir=\"ltr\">The response of the Axie Infinity token to the latest developments could foretell that some positives are to be anticipated. However, AXS stays subdued by a bear market.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>AXS trades on the 50-day MA however is dealing with bear stress<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/08\/1670524418033-0809c798-a207-4774-8a1b-7f7a76d9f70c.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"311\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/AXSUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>AXS\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">From the technical outlook, AXS faces stress, though the momentum is barely bullish. The MACD indicator is bullish and just lately crossed above the impartial zone. The cryptocurrency trades on the 50-day MA after initially pushing above it.<\/p>\n<h2 dir=\"ltr\"><strong>Can AXS maintain the upside?<\/strong><\/h2>\n<p dir=\"ltr\">Largely,\u00a0<a href=\"https:\/\/coinjournal.net\/axie-infinity\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>AXS\u2019s price<\/u><\/a> is bearish. The cryptocurrency has been on a downtrend. If bulls are to capitalise on the aid rally, they need to keep away from a drop under the 50-day MA. Recovery on the shifting common will set AXS for the following potential resistance at $11.<\/p>\n<p dir=\"ltr\">Conversely, a drop under will pit AXS to the 20-day MA or $6 backside. Investors ought to watch the worth motion for additional affirmation.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase AXS\u00a0<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro affords a variety of cryptos, similar to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTY5MTQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy AXS with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency change which affords buying and selling in fiat currencies or common cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which affords customers an intuitive interface, a excessive diploma of safety on your digital property, glorious buyer help and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTY5MTQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy AXS with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/axie-infinity-continues-to-face-rejection-are-buyers-giving-up\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Axie Infinity token misplaced 6.60% on Thursday regardless of earlier features Axie Infinity has been recording growing exercise on the platform The token faces resistance on the 50-day shifting common After robust features, Axie Infinity\u2019s (AXS\/USD) worth is weakening. The token traded down by 6.60% in 24 hours, regardless of retaining a 16% weekly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[411,5441,2779,1259,2397,669,2868],"class_list":["post-14153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-axie","tag-axsusdcontinues","tag-buyers","tag-face","tag-giving","tag-infinity","tag-rejection","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14153"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14153\/revisions"}],"predecessor-version":[{"id":14154,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14153\/revisions\/14154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14155"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}