BTC price is currently at $42,700 as this article is being prepared, and the sleepless nights filled 2023 is finally about to end. In the middle of the year, many cryptocurrencies fell below their November 2022 low levels. Moreover, those who capitalized on the bottom saw significant gains from the highest prices in 19-20 months. Now, with optimism for 2023 at its peak, continuations of two or even three-digit rallies are expected.
AXS Coin 2024 Forecast
The P2E token, which has a price of $9.43 and a market value of $1.24 billion, has faced difficult days as interest in this area has waned. Excitement in areas like Metaverse, NFT, and P2E has decreased this year, while serious growth has been seen in categories like AI, RWA. However, this does not mean that AXS Coin’s price cannot see impressive growth next year.
Axie Infinity announced a new upgrade for Axie Origins. Starting January 3rd, the “Parts Evolution Utility” will be released, and we will see dynamic NFTs that can be developed. This is important because developable NFTs like STEPN had previously attracted great interest. Investors will also be able to approach the AXS Coin project from a player’s perspective and develop their NFT characters by spending time in the application.
The AXS price has shown an increase since dropping to $4.05 in October. The following month, the price broke free from the 520-day resistance trend line, indicating that this long-term downtrend period may have ended.
If the popular P2E Token can attract the expected interest in January, it could maintain above the $9.5 resistance area and rise to $11.15 and beyond. The main resistance, however, is at $19, which is 100% higher.
NEAR Coin 2024 Forecast
The 23rd largest cryptocurrency, NEAR, managed to recover after the FTX collapse, though not as much as SOL Coin. The NEAR Block Explorers update was one of the most significant developments for NEAR Coin recently. Like AXS, this popular cryptocurrency broke its long-term downtrend in October and experienced a breakout at the $3.2 resistance area.
This week, the altcoin rose to $4.62 and could climb to $6, a 50% increase, if it can maintain the critical area as support. However, closures below $3.1 could trigger a serious price meltdown down to $2.1.
