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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

$ 0.99922

-0.02%

$ 0.0168

-4.58%

$ 0.000207

$ 0.000207


Share:

In This News

Coins

$ 0.99922

-0.02%

$ 0.0168

-4.58%

$ 0.000207

$ 0.000207


Share:

Read More

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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

$ 0.99922

-0.02%

$ 0.0168

-4.58%

$ 0.000207

$ 0.000207


Share:

In This News

Coins

$ 0.99922

-0.02%

$ 0.0168

-4.58%

$ 0.000207

$ 0.000207


Share:

Read More

ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop

ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop

Ethereum’s latest price drop has coincided with a surge in activity from several larg...
SUI Price Prediction: Bears Control Market As EMA Ceiling Blocks Every Rally Attempt

SUI Price Prediction: Bears Control Market As EMA Ceiling Blocks Every Rally Attempt

SUI price today trades near $1.78, sitting at its lowest level in weeks after a sharp...