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Apple's Approval of Axie Infinity's Origins for App Store Propels AXS Bullish Sentiment

source-logo  thenewscrypto.com 17 May 2023 16:41, UTC
  • Apple’s approval of Axie Infinity Origins ushers in a new era for NFT gaming.
  • Strategic market release optimizes gameplay and enhances global acceptance of NFT-based games.
  • Gameplay restrictions for in-app rewards reflect adherence to existing App Store policies.

Axie Infinity, the popular game built around player-owned creatures called Axies, has achieved a significant milestone. However, Apple has approved its Origins version for release on the App Store. This marks the first instance of Apple permitting a game featuring externally-purchased Non-Fungible Tokens (NFTs) to be available on its platform, ushering in a new era for mobile gaming and NFT integration.

Origins: A Pioneering NFT Game on the App Store

Origins was initially launched as a limited-feature version on the Malaysian Google PlayStore in December 2022. The objective behind this move was to provide the development team with an opportunity to fine-tune the gameplay. Also, to optimize the gaming experience prior to expanding to other markets. Adopting a similar approach, Origins has now been introduced on the App Store in several countries across Latin America and Asia.

The early iOS release of Origins presents players with an intriguing choice: they can either use their own NFT Axies purchased externally or opt for upgradeable starter Axies provided within the game. Both options are compatible with the Adventure and Arena Modes in the game.

Nevertheless, to abide by the existing App Store policies, certain limitations have been imposed.

One such limitation involves crafting in-game items. Moonshard crafting recipes will be accessible within the app, while Small Love Potion (SLP) crafting recipes will necessitate the use of desktop or Android APK versions. Players will still be able to earn SLP through gameplay on the iOS app, but claiming these rewards in-app will not be possible.

Axie Infinity Price Analysis: AXS surges by 7 percent as bullish sentiment builds

Axie Infinity price analysis for today shows a strong bullish sentiment in today’s market. The bulls are pushing higher, and the overall market sentiment is positive. The strong buying pressure is likely due to a surge of new investors seeking to capitalize on this digital asset. Currently, the AXS token is trading at $7.32, up by nearly 7% from the last 24 hours. The Buying pressure is strong, and resistance levels for the coin are seen at $8.06 with support levels at $6.76, and if bullish momentum continues, the coin could break through its current resistance levels.

AXS/USD hourly chart (Source: TradingView)

Additionally, technical analysis shows that the coin is trading just above its major support level of $6.76, and a break below could lead to further downside. The MACD indicator is currently indicating a bullish trend as the MACD line is crossing the signal line at 0.10, a positive angle. The Relative Strength Index (RSI) above 60 shows that the coin is near the overbought region. The 20-EMA is also trading just above the 50-EMA, indicating a bullish trend.

Overall, Axie Infinity is showing positive sentiment in today’s market and could break through its current resistance levels if the buying pressure persists. Investors should consider monitoring their positions closely to ensure they are able to capitalize on any potential gains.

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Axie Infinity (AXS) Price Prediction 2023

thenewscrypto.com