Why is the price of Axie Infinity rising: AXS market analysis and forecast

The price of Axie Infinity has shown significant recovery in the short term, rising by 9.3% in the past 24 hours to approximately AUD 1.67. This rise is particularly notable as the token has still decreased by 22% over the past 30 days and by 54% in the past 90 days. The broader crypto market has risen by about 6.5%, indicating that Axie Infinity's performance has outpaced its recent trend but has not surpassed the overall market. This rebound raises important questions for Australian investors and active traders. Is this momentum sustainable, or is it merely a temporary bounce? The answer depends on three core driving factors: changes in staking incentives, increasing interest in competitions, and emerging technical signals. This article will analyze how these catalysts affect the price of Axie Infinity and how traders on Gate.com are adjusting their strategies.

Axie Infinity price drivers

  • Staking Incentive Reform
    The AXS team has adjusted its staking reward structure. The goal is to improve long-term participation and increase meaningful interaction, rather than just attracting short-term profit seekers. The updated incentives are designed to stabilize the token economy, especially during periods of market weakness. Staking alignment typically supports token prices, as more AXS temporarily becomes illiquid.

  • event-driven demand
    Competitive gaming events remain one of the strongest community drivers for Axie Infinity. The recent 1,000 AXS prize pool event held at ETH Global DevConnect has rekindled interest among players and collectors. Competitive tournaments have always encouraged short-term trading and holding activities, as players need to prepare teams, acquire assets, or speculate on future in-game utility.

  • Technical rebound signal
    The price trend shows early signs of a potential reversal. The MACD recorded a bullish crossover, and the RSI is moving upwards from near the oversold territory. These indicators do not guarantee a trend change, but they often appear before a strong short-term rebound, especially when accompanied by fundamental news.


Recent performance of AXS

Time periodPrice Performance
24 hours+9.3 percent
30 days-22%
90 days-54%
Current priceAUD 1.67

How investors and traders make money

short-term trading opportunities

The volatility of AXS provides opportunities for traders using technical indicators. When momentum shifts from oversold levels, traders typically seek short-term profits by entering breakouts or taking advantage of rebound areas. The current MACD and RSI behavior aligns with this strategy.

Mid-term accumulation

Given the decline of AXS coin in the past 30 and 90 days, some traders may consider price averaging. If the project continues to optimize the staking model and game incentives, AXS may gradually strengthen in a broader market recovery.

Public utilities and ecosystem exposure

AXS drives one of the largest Web3 gaming ecosystems. Traders looking to diversify beyond purely financial tokens may find value in accessing gaming tokens, especially as development activity rises.


Key bullish and bearish factors

Categorypositive indicatorsnegative indicators
Market sentimentShort-term rebound is receiving attentionThe long-term downward trend still exists.
BasicStaking rewards improvementPlayer activity is still below peak.
technologyMACD bullish crossoverResistance level not yet broken through

Potential Price Scenario

sceneconditionPossible AXS price range (AUD)
riseSuccessful staking plus competition interest plus market recovery2.10 to 2.60
neutralThe sideways market combined with moderate player activity1.50 to 1.80
bearishFailed to maintain participation combined with market correction.1.00 to 1.30

Conclusion

The recent 9.3% rebound of AXS coin highlights a renewed interest in staking rewards, competitive gaming, and improved technical models. Although the long-term trend remains under pressure, short-term signals indicate the potential for continued upward movement as momentum persists.

For traders in Australia, the current AXS price is AUD 1.67, presenting a possible early recovery opportunity. Gate.com remains one of the most effective platforms for tracking volatility, executing trades, and managing a diversified portfolio.

Gate.com offers deep liquidity, powerful market tools, and fast trade execution, making it suitable for traders looking to engage with game tokens like AXS. Its charting features are very useful for analyzing patterns that affect Axie Infinity price movements.


Frequently Asked Questions

  1. Why did the price of Axie Infinity rise today?
    The 9.3% rise is driven by improved staking incentives, the relaunch of competition activities, and bullish technical indicators.

  2. Is AXS still in a long-term downtrend?
    Yes. Despite the rebound, AXS has still fallen significantly in the past 30 days and 90 days.

  3. What could drive the rise of AXS?
    Continuous staking participation, strong competition cycles, and a broader recovery in the crypto market may further drive the rise of the token.

  4. Is AXS coin still a popular Web3 game?
    Player activity fluctuates, but the ecosystem remains one of the most recognized in blockchain gaming.

  5. Should investors consider buying AXS now?
    It depends on risk preference. Traders seeking short-term momentum may find opportunities, while long-term holders may prefer to accumulate gradually.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.