Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion AXS posted 30% gains in the past week. It also recorded massive demand despite mounting selling pressure. Axie Infinity [AXS] has been recording impressive weekly performances. It posted 30% gains in the past week […]
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionIt also recorded massive demand despite mounting selling pressure.
AXS reached a high of $13.94 after Bitcoin [BTC] hit $23.5K. The above AXS move saw it break above the October high of $13.However, a price correction followed afterward, forcing AXS to retest the $10.87 support level. But a break below the $10.87 support level would invalidate the above bias. But the downtrend could be kept in check by the 26-period EMA or the $10.02 support level.
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