- AXS faces strong resistance at $4.23-$4.25, limiting potential short-term recovery.
- RSI at 37.12 signals weak buying pressure, but a reversal may occur if sentiment shifts.
- Market forecasts predict a 44.89% rise by December 2025, targeting $5.57-$5.75.
Axie Infinity (AXS) has faced a notable downturn, with its price dropping by over 8% in the past 24 hours. The token is currently trading at $3.89, struggling to find support as bearish momentum continues. The price fluctuated between $3.80 and $4.23 throughout the day, attempting minor recoveries but ultimately trending downward.
Key Resistance and Support Levels
AXS faces significant resistance at $4.23 to $4.25, where recent selling pressure intensified. Additionally, the $4.10 to $4.15 range has emerged as a minor resistance zone, limiting upward movement. If bullish momentum strengthens, surpassing these levels could open the path for a stronger recovery.
On the downside, $3.80 serves as an immediate support level, as the price has bounced from this point before. However, if selling pressure increases, the next crucial support lies between $3.60 and $3.70. Breaking below this range may trigger further declines, reinforcing the current bearish sentiment.
Momentum Indicators and Market Outlook
The Relative Strength Index (RSI) stands at 37.12, nearing the oversold territory. This suggests weak buying pressure but also hints at the potential for a reversal if sentiment improves.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicates bearish momentum, with the MACD line (-0.27) below the signal line (-0.31). However, a possible convergence in these indicators may signal an upcoming trend shift.
Given these factors, traders are monitoring whether AXS can regain bullish momentum or continue its downward movement. If the RSI trends closer to 30, buying pressure could increase, leading to a potential recovery. Conversely, failing to hold the $3.80 support could result in extended losses.
December 2025 Price Forecast
Coincodex market projections suggest that AXS could experience significant growth by December 2025. Analysts estimate that the token may trade between $5.57 and $5.75 by the end of the year.
If AXS reaches the predicted average of $5.64, this would reflect a 44.89% increase from current levels. Consequently, investors who buy at today’s price could see a potential profit of 47.78% if the forecast holds true.
