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Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle


by Abdulkarim Abdulwahab
for CoinEdition
Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle

Share:

  • Axie Infinity’s AXS token trades in a descending triangle pattern on Binance.
  • Analyst Ali Martinez forecasts a potential 20% price move once the consolidation phase ends.
  • Key support lies near $1.48, with resistance forming along a descending trendline.

Axie Infinity’s AXS token is trading inside a descending triangle, hinting at a possible 20% price move ahead, according to crypto analyst Ali Martinez.

The token is currently priced at $1.44 after dropping 3.4% in the past 24 hours. Over the past year, AXS has struggled, falling 31% in the past month and 80% over the past year.

Related: Gaming Tokens Rebound 28% to $5.71B as SAND, APE, and AXS Lead Bull Surge

AXS Trades in Tight Range Near Support

Martinez’s chart shows the AXS/USDT pair moving within a narrowing range since mid-October. The token has been forming lower highs while holding steady sup…

Read The Full Article Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle On Coin Edition.

Read the article at CoinEdition

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$ 0.000207

$ 0.000207


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$ 1.00015

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$ 0.0149

0%

$ 0.000207

$ 0.000207


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Ethereum Price Prediction: ETF Outflows And Trendline Rejection Keep Sellers In Control

Ethereum Price Prediction: ETF Outflows And Trendline Rejection Keep Sellers In Control

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Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle


by Abdulkarim Abdulwahab
for CoinEdition
Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle

Share:

  • Axie Infinity’s AXS token trades in a descending triangle pattern on Binance.
  • Analyst Ali Martinez forecasts a potential 20% price move once the consolidation phase ends.
  • Key support lies near $1.48, with resistance forming along a descending trendline.

Axie Infinity’s AXS token is trading inside a descending triangle, hinting at a possible 20% price move ahead, according to crypto analyst Ali Martinez.

The token is currently priced at $1.44 after dropping 3.4% in the past 24 hours. Over the past year, AXS has struggled, falling 31% in the past month and 80% over the past year.

Related: Gaming Tokens Rebound 28% to $5.71B as SAND, APE, and AXS Lead Bull Surge

AXS Trades in Tight Range Near Support

Martinez’s chart shows the AXS/USDT pair moving within a narrowing range since mid-October. The token has been forming lower highs while holding steady sup…

Read The Full Article Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.00015

0%

$ 0.0149

0%

$ 0.000207

$ 0.000207


Share:

In This News

Coins

$ 1.00015

0%

$ 0.0149

0%

$ 0.000207

$ 0.000207


Share:

Read More

Ethereum Price Prediction: ETF Outflows And Trendline Rejection Keep Sellers In Control

Ethereum Price Prediction: ETF Outflows And Trendline Rejection Keep Sellers In Control

At the time of writing, Ethereum trades near $3,130 after another failed attempt to r...
XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers

XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers

XRP trades near $2.04 at press time after stabilizing above short-term support follow...