{"id":6470,"date":"2026-02-09T11:54:45","date_gmt":"2026-02-09T11:54:45","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6470"},"modified":"2026-02-09T11:54:45","modified_gmt":"2026-02-09T11:54:45","slug":"axie-infinity-price-jumps-15-after-bounce-dead-cat-bounce-risk-remains","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6470","title":{"rendered":"Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/axie-infinity-axs-price-rebound-market-concept-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/axie-infinity-axs-price-rebound-market-concept-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/axie-infinity-axs-price-rebound-market-concept-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/axie-infinity-axs-price-rebound-market-concept-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/axie-infinity-axs-price-rebound-market-concept.png\" alt=\"A single Axie Infinity (AXS) token coin placed in front of a blurred cryptocurrency candlestick trading chart background.\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"3\" data-end=\"84\">AXS jumps over 15% after bouncing off $1.20 support amid rising trading activity.<\/li>\n<li data-start=\"3\" data-end=\"84\">bAXS rollout and higher volume fuel rally, but broader market sentiment stays weak.<\/li>\n<li data-start=\"3\" data-end=\"84\">Failure above $1.60 may signal a dead cat bounce, with downside risk toward $0.80.<\/li>\n<\/ul>\n<p>Gaming token Axie Infinity is up by more than 15% in the past 24 hours as bulls show a notable bounce off the $1.20 support level.<\/p>\n<p>The AXS price ticked up amid heightened trader activity, with the intraday surge pushing the cryptocurrency towards the top 100 by market capitalization.<\/p>\n<p>However, with sentiment across the market still fragile, the big question is whether the upward move signals renewed bullish momentum or merely a fleeting \u201cdead cat bounce\u201d.<\/p>\n<h2>Why is Axie Infinity price up today?<\/h2>\n<p>AXS is among the top altcoin gainers with double-digit advances on February 9, 2026, posting gains that outpace all top 10 coins by market cap.<\/p>\n<p>This outperformance coincides with Bitcoin\u2019s steady hold above $70,000, bolstered by fresh institutional buying such as Binance\u2019s acquisition of 4,225 BTC as it looks to convert its $1 billion SAFU Fund into BTC.<\/p>\n<p>While the buying, much like Strategy\u2019s (formerly known as MicoStrategy) BTC purchase over the past weeks, has not triggered bulls, stability has benefited small altcoins.<\/p>\n<p>Notably, trader interest in AXS has also spiked following recent announcements from Sky Mavis, the developer behind Axie Infinity, regarding the rollout of bAXS.<\/p>\n<p>The token offers in-ecosystem utility as well as staking and gameplay rewards, and bulls have shown excitement since the news.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">What is bAXS and what can you do with it?<\/p>\n<p>bAXS will do the same things as AXS: Use it to ascend, evolve, and breed axies. <\/p>\n<p>Spend it in-game, forge new items on App.axie, and more. <\/p>\n<p>Over time, we\u2019ll also distribute most rewards in bAXS. <\/p>\n<p>The difference between both tokens is\u2026 <a href=\"https:\/\/t.co\/X8kcpNTlGf\">pic.twitter.com\/X8kcpNTlGf<\/a><\/p>\n<p>\u2014 Axie Infinity (@AxieInfinity) <a href=\"https:\/\/twitter.com\/AxieInfinity\/status\/2019259693114196061?ref_src=twsrc%5Etfw\">February 5, 2026<\/a><\/p>\n<\/blockquote>\n<h2>Axie Infinity price outlook: Momentum or dead cat bounce?<\/h2>\n<p>AXS recently surged to highs near $3 earlier in the year, before plummeting sharply amid last week\u2019s market bloodbath.<\/p>\n<p>The intraday gains of over 15% has therefore emboldened bulls, who targeted strength above $1.50.<\/p>\n<p>Accompanied by a 250% spike in trading volume, AXS rose to above $1.56 as of writing.<\/p>\n<p>The 4-hour chart shows a potential falling wedge breakout, with the RSI and MACD signaling room for more gains.<\/p>\n<figure id=\"attachment_360723\" aria-describedby=\"caption-attachment-360723\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-360723\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/axie-infinity-price-chart.png\" alt=\"Axie Infinity Price Chart\" width=\"1057\" height=\"609\"\/><figcaption id=\"caption-attachment-360723\" class=\"wp-caption-text\">Axie Infinity price chart by TradingView<\/figcaption><\/figure>\n<p>However, the broader crypto market remains mired in bearish sentiment.<\/p>\n<p>Weakness, despite the impending bAXS airdrop, also saw bears retest the downtrend line from above $4.54.<\/p>\n<p>Losses may mean fleeting gains or what analysts call a \u201cdead cat bounce\u201d scenario.<\/p>\n<p>The outlook of the RSI on the 4-hour chart suggests fresh selling may strengthen this prospect.<\/p>\n<p>In this case, a breakdown below the pivotal $1.20 support could accelerate downside momentum, potentially driving AXS toward lows of $0.80.<\/p>\n<p>Prior accumulation zones sit here and might offer relief.<\/p>\n<p>On the downside, a decisive close above $1.60 could invalidate the short-term bearish setup and allow buyers to test horizontal resistance near $3.00.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Markets,Axie Infinity#Axie #Infinity #price #jumps #bounce #dead #cat #bounce #risk #remains1770638085<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AXS jumps over 15% after bouncing off $1.20 support amid rising trading activity. bAXS rollout and higher volume fuel rally, but broader market sentiment stays weak. Failure above $1.60 may signal a dead cat bounce, with downside risk toward $0.80. Gaming token Axie Infinity is up by more than 15% in the past 24 hours<\/p>\n","protected":false},"author":1,"featured_media":6471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Axie Infinity price gains 15% to above $1.5 amid latest uptick, but can bulls hold onto the upward momentum?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6470\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains\" \/>\n<meta property=\"og:description\" content=\"Axie Infinity price gains 15% to above $1.5 amid latest uptick, but can bulls hold onto the upward momentum?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6470\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-09T11:54:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/axie-infinity-axs-price-rebound-market-concept.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6470\",\"name\":\"Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/axie-infinity-axs-price-rebound-market-concept.png\",\"datePublished\":\"2026-02-09T11:54:45+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Axie Infinity price gains 15% to above $1.5 amid latest uptick, but can bulls hold onto the upward momentum?\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6470\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/axie-infinity-axs-price-rebound-market-concept.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/axie-infinity-axs-price-rebound-market-concept.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6470#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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