The falling wedge pattern breakout move suggests a next bullish leg intact. Once price surpasses above the $1.55-$1.60 with strong volume, AXS token may see a 100% rally toward the major supply zone of $3 in the near-term. Axie Infinity token has begun forming higher lows on intraday and short-term timeframes, a subtle but important shift from the persistent lower-low sequence that defined the prior downtrend. For AXS, multiple EMAs hurdle placed around $1.60 which is the make-or-break zone. If bulls succeed to close above the region, a strong rally could be seen ahead. A rejection from that region may pull AXS inside the narrow range.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
About Author
