Axie Infinity (AXS) and Stellar (XLM) have been battling bearish sentiments after reaching their 2023 high. Currently, investors are looking at price predictions to see if Axie Infinity, Stellar, and Pomerdoge (POMD) will experience a bearish or bullish move. Let’s find out.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Axie Infinity (AXS) Price Prediction
Axie Infinity’s price projection remains bullish on the monthly chart. However, this will depend on the ability of the bulls to uphold the $5.00 support. According to CoinMarketCap, Axie Infinity is trading at $5.88, a 0.39% price increase in the last 24 hours.
Moreover, Axie Infinity has remained constrained within a particular price range of $5.00 to $7.00. However, it has established a short-term foundation, preventing further downside risks. Axie Infinity has encountered difficulty surpassing the 50-day EMA. This shows that there is high-selling activity around this region.
Should buyers successfully breach the $7.00 barrier, Axie Infinity would move towards the $8.50 mark. Conversely, if resistance presents itself at $7.00, Axie Infinity might fall back to the $5.00 level. Meanwhile, DigitalCoinPrice predicts Axie Infinity to reach $16.50 in 2023.
Stellar (XLM) Price Prediction
After reaching a 2023 peak on July 13th, Stellar’s price trajectory has been on a decline. However, amid this decline, there is a chance for a breakout. Although the token crossed the $0.105 resistance region, it failed to surpass the resistance at $0.23.
Instead, it reached a peak of $0.195 and formed a notable long upper wick. Stellar price has successfully breached both the 50 and 200 EMA levels. This occurrence strongly indicates the establishment of a robust uptrend. Consequently, the EMAs could potentially function as essential support levels for the price in case of any potential downturn.
Currently, Stellar is trading at $0.139473, a 0.81% price decline in the last 24 hours. Similarly, Stellar is showing bearish signals on the weekly chart dropping by 4.84%. According to analysts, the Stellar coin may have minimum and maximum prices of around $0.0817 and $0.198
Analyst Predict Bullish Momentum for Pomerdoge (POMD)
Just like Axie Infinity and Stellar, analysts are also bullish on a new project called Pomerdoge (POMD). Pomerdoge aims to integrate non-fungible tokens (NFTs), a play-to-earn (P2E) gaming platform, and a meme token together. Pomerdoge is building a captivating P2E game.
This game will allow players worldwide to compete and reap rewards, seamlessly blending, competition, and leisure with potential reward opportunities. The creators of Pomerdoge are actively developing a marketplace and gaming arena called Pomerplace. It will facilitate seamless transactions and NFT trading for players.
This integration not only enriches the overall gaming experience but also augments the potential for economic growth within the ecosystem. Meanwhile, Pomerdoge has launched a native token called POMD.
At the moment, Pomerdoge is in the first stage of its token presale, carrying a price tag of only $0.007. Subsequent phases are anticipated to bring gradual price hikes. According to analysts, Pomerdoge has the potential to yield 4,000% ROI for investors before the year 2024. Hence, it is wise to get in now before the presale ends.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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