Walking the Tightrope: AXS Faces Potential Downtrend
AXS trades at 6.10, with a slight downward shift of +1.3% in the past 24 hours. This comes following a bearish breakout from the Rising Wedge pattern. This situation signals potential downside risk in the near term, especially if the price also breaches the $6 support level. Diving into AXS’s Technical Indicators Technical indicators for […]
AXS: All You Need To Know About Its Crucial Inflection Point!
Current Status of AXS At the time of writing, AXS trades at $6.28, reflecting a modest 1.2% increase in the past 24 hours. The market situation presents a mixed bag as the token navigates volatile waters. The critical levels we’re eyeing are an ongoing Rising Wedge pattern and the previous $6 resistance. Following a bearish […]
Will Axie Infinity Surge? Triangle Breakout To Drive AXS 7% Higher
Axie Infinity (AXS) is currently in a fascinating state. Trading at around $7, the digital token has been consistently trading sideways in a narrow range between $6.60 and $7.30 throughout May. Despite this seeming tranquility, a crucial technical development is unfolding on the charts. A triangle formation, a technical pattern often preceding significant price movement, […]