{"id":4211,"date":"2022-07-04T14:35:26","date_gmt":"2022-07-04T14:35:26","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/07\/04\/axs-is-up-by-more-than-4-in-the-last-24-hours\/"},"modified":"2022-07-04T14:35:27","modified_gmt":"2022-07-04T14:35:27","slug":"axs-is-up-by-more-than-4-in-the-last-24-hours","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/07\/04\/axs-is-up-by-more-than-4-in-the-last-24-hours\/","title":{"rendered":"AXS is up by more than 4% in the last 24 hours"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p dir=\"ltr\"><strong>The cryptocurrency market is off to a constructive begin this week as the costs of most cryptocurrencies are in the inexperienced area.<\/strong><\/p>\n<p dir=\"ltr\">The cryptocurrency market is seeking to get better a few of the losses recorded last week. The market has added practically 3% to its worth over the last 24 hours, and the complete market cap now stands near the $900 billion mark.<\/p>\n<p dir=\"ltr\">Bitcoin is buying and selling above $19k once more after slipping beneath that essential degree over the previous few days. Ether is up by more than 3% in the last 24 hours and at present trades above $1,100 per coin.<\/p>\n<p dir=\"ltr\">AXS, the native token of the Axie Infinity ecosystem, is additionally buying and selling in the inexperienced zone. AXS has added more than 4% to its worth over the last 24 hours and at present trades at $14.41 per coin.<\/p>\n<p dir=\"ltr\">The constructive efficiency comes regardless of Axie Infinity reporting a problem with its Ronin Bridge over the weekend.\u00a0<\/p>\n<p dir=\"ltr\">The Axie Infinity group introduced r on Saturday that it has recognized a deposit subject with its bridge. The subject causes some deposits from the Ethereum blockchain to grow to be caught. As a end result, the funds should not delivered to the customers\u2019 Ronin wallets however are additionally not misplaced.\u00a0<\/p>\n<p dir=\"ltr\">However, Axie Infinity stated it is already engaged on the resolution and can replace the bridge quickly<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We have recognized a problem with the bridge that causes some deposits from the Ethereum blockchain to grow to be caught. As a end result, the funds should not delivered to your Ronin pockets however should not misplaced.<\/p>\n<p>\u2014 Axie Infinity\ud83e\udd87\ud83d\udd0a (@AxieInfinity) <a href=\"https:\/\/twitter.com\/AxieInfinity\/status\/1543069904873705473?ref_src=twsrc%5Etfw\">July 2, 2022<\/a><\/p>\n<\/blockquote>\n<h2>Key ranges to observe<\/h2>\n<p dir=\"ltr\">The AXS\/USD 4-hour chart is impartial as Axie Infinity is overcoming its current bearish efficiency.\u00a0<\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/x\/BrJGuymH\/\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/06\/04\/1656939441095-88366c4e-5c8a-4515-b388-6babe38940e6.png\" style=\"width: 600px\" class=\"fr-fic fr-dib fr-fil\"\/><\/a><\/p>\n<p dir=\"ltr\">The 14-day RSI of 55 reveals that AXS is not in the oversold area. If the constructive efficiency continues, the RSI might surge increased into the overbought zone.\u00a0<\/p>\n<p dir=\"ltr\">The MACD line stays beneath the impartial zone, indicating that the bearish momentum is not totally over.\u00a0<\/p>\n<p dir=\"ltr\">If the rally continues, AXS might surge previous the first main resistance degree at $16.15 earlier than the finish of the day. However, it could want the help of the broader market to maneuver above the $18.40 resistance degree in the quick time period.\u00a0<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/axs-is-up-4-today-despite-ronin-bridges-deposit-issues\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The cryptocurrency market is off to a constructive begin this week as the costs of most cryptocurrencies are in the inexperienced area. The cryptocurrency market is seeking to get better a few of the losses recorded last week. The market has added practically 3% to its worth over the last 24 hours, and the 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