Axie Infinity

<ul><li>Axie Infinity (AXS) is poised for a significant market shift, as technical patterns hint at upcoming movement.</li><li>GCash collaborates with Axie Infinity to provide regulated gaming options in the Philippines.</li><li>Axie Infinity underperforms in a week&#39;s market review, facing a 5.2% price decline amid broader crypto gains.</li></ul>In a recent analysis provided by CryptoBusy, an educational account on cryptocurrency trends, Axie Infinity (AXS) is speculated to be on the brink of a substantial market move. CryptoBusy highlights the narrowing gap between trendline resistance and horizontal support, coupled with a consistent pattern of lower highs and lows over the past 43 days. The in-depth analysis reveals that the pattern indicates an impending significant price movement for AXS.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/387731e79aed4017ac2b76dd7bd3420f.png" />At the time of press, AXS is being traded at <a href="https://www.coingecko.com/en/coins/axie-infinity" rel="noopener noreferrer nofollow">$6.92</a>, marking a 1.2% increase in the last 24 hours, according to CoinGecko. However, the trading volume for <a href="https://cryptotale.org/axie-infinitys-future-in-the-wake-of-the-bull-run-a-play-to-earn-perspective/" rel="noopener noreferrer nofollow">Axie Infinity</a> has seen a notable decrease of 34.20% from the previous day, totaling $58,140,343. This reduction in trading volume may signal a decrease in market activity and investor engagement.Read full article at <a href="https://cryptotale.org/axs-braces-for-major-market-shift-technical-analysis-reveals/" rel="noopener noreferrer nofollow">CryptoTale.</a>

AXS Braces for Major Market Shift, Technical Analysis Reveals

CryptoTale

Other articles published on Feb 7, 2024

Breaking Down The Solana Outage: What Went Wrong Yesterday?

Top 5 Lesser-Known Altcoins To Buy in Q1-2024 For Minimum 10x Profits

Top Trending Crypto on Solana Chain Today – GameStop, Honk, Popcat

Coreum Price Holds Higher: A Sign of Bullish Trend For COREUM?

Social Web3 platform Friendzone to launch on Polygon PoS

Vanguard relies on AI to boost its equity funds

Join our free newsletter for daily crypto updates!