The post AXS Technical Analysis Mar 2 appeared on BitcoinEthereumNews.com.

AXS shows neutral momentum at RSI 43.11 level, while MACD’s positive histogram gives bullish signals, a weak trend dominates below short-term EMA20 ($1.37). In the sideways trend, the lack of volume confirmation makes support levels critically important. Trend Status and Momentum Analysis AXS is currently trading at $1.27 and has seen a 3.20% decline in the last 24 hours, with the daily range limited between $1.23-$1.36. The overall trend can be described as sideways; the price shows neither a strong rise nor a deep fall. Momentum indicators are giving mixed signals: RSI is hovering in the neutral zone while the MACD histogram is expanding in favor of bulls in the positive area, but the price remaining below EMA20 preserves short-term bearish pressure. The Supertrend indicator is giving a bearish signal and the $1.72 resistance level forms a strong barrier. Volume is at a moderate $50.47M level; this indicates that momentum has not yet experienced a strong accumulation or distribution breakout. In multi-timeframe (MTF) confluence analysis, a total of 11 strong levels were identified across 1D, 3D, and 1W charts: 1 support/2 resistances on 1D, 1 support/2 resistances on 3D, and 2 supports/3 resistances on 1W. This points to an overall resistance-weighted structure and shows that momentum is awaiting additional volume confirmation for an upside breakout. The price is testing the strong $1.2370 support (score 81/100); if held, sideways consolidation may continue, but a breakdown opens the door to bearish targets ($0.1503, low score). RSI Indicator: Buy or Sell? RSI Divergence Analysis RSI (14) is currently at 43.11 level and positioned in the neutral zone (30-70). This level, while distanced from oversold conditions, does not provide strong buying momentum either. No regular bearish divergence is observed recently; as the price makes new lows, RSI is forming relatively higher bottoms, which carries…

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Filed under: News - @ March 2, 2026 1:13 am