Technically, the current chart structure resembles a rounding bottom pattern, where price compresses close to the resistance zone of $3. This pattern is often associated with trend re-acceleration after significant accumulation.
At press time, AXS token price trades at $2.60 with market cap of $438.36 Million. If AXS price succeeds to cross $2.80-$3 zone, a massive breakout rally would push AXS toward $3.50-$4 zone in the short term. While a slip below $2.20 may linger, the breakout and AXS price may face consolidation ahead.
FAQs
AXS surged after the launch of bAXS, which expands token utility and renews demand across Axie Infinity’s gaming ecosystem.
bAXS adds active use cases like gameplay rewards and governance, increasing demand for AXS beyond passive holding.
The rally shows signs of a trend shift, supported by higher lows, strong volume, and improved token utility.
Long-term forecasts see AXS gaining if ecosystem growth continues, with prices driven by adoption, utility, and market conditions, not guarantees.
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