NFT Marketplace OpenSea Adds Support For Ronin Network
OpenSea Integrates Ronin Blockchain: OpenSea has successfully integrated the Ronin blockchain, allowing users to mint exclusive Ronin-based NFTs, including collections from Axie Infinity and others. To celebrate this integration, two free-to-mint NFT collections, Jin and Ronke, have been launched.
OpenSea's Growth and Features: Launched in 2017, OpenSea is now one of the largest NFT marketplaces with over three million active users and a daily trading volume of approximately $4.5 million. The platform supports multiple blockchains and aims to integrate more than 20 networks to enhance its NFT offerings.
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Technical Analysis for AXS
Technical Sentiment Analysis for Axie Infinity (AXS). As of , Axie Infinity (AXS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AXS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AXS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Axie Infinity (AXS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.847 | 1.009 | 1.145 | 1.307 | 1.443 | 1.605 | 1.741 |
| Fibonacci | 1.009 | 1.123 | 1.193 | 1.307 | 1.421 | 1.491 | 1.605 |
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