Based

2024

Axie Infinity

Coin

<ul class="news-points">
 <li><strong>AXS forms an inverse head-and-shoulders pattern, targeting a rise to $22, with $13 neckline resistance.</strong></li>
 <li><strong>Primary support levels for AXS are $7.00 and $5.50, crucial for maintaining bullish momentum.</strong></li>
 <li><strong>AXS breaches downward trendline, eyeing $8.00 resistance, projecting a 44.42% increase towards $11.40.</strong></li>
</ul>
<p><a href="https://coinedition.com/axs-bull-rally-hits-30-day-high-indicators-hint-a-reversal/" rel="noopener noreferrer nofollow">Axie Infinity</a> appears to form an inverse head-and-shoulders pattern on the weekly chart, which anticipates $AXS to rise toward the neckline before a potential breakout as per analysis by Ali Martinez, a top analyst.The inverse head-and-shoulders pattern typically signals a shift towards bullish momentum in the market.&nbsp;</p>
<p>Based on the current price behavior, there are indications that AXS could be preparing for a notable upward trajectory. The key resistance level to watch is the neckline at $13.00.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/AxieInfinity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#AxieInfinity</a> appears to form an inverse head-and-shoulders pattern on the weekly chart, which anticipates <a href="https://twitter.com/search?q=%24AXS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AXS</a> to rise toward the neckline at $13 before a potential breakout to $22. <a href="https://t.co/99kVKwUrwc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/99kVKwUrwc</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1793553063359414554?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 23, 2024</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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</figure>
<p>A breakout above this level could confirm the bullish reversal, potentially pushing the price toward the target resistance …</p>
<p>The post <a href="https://coinedition.com/bullish-momentum-axs-eyes-22-resistance-heres-why/" rel="noopener noreferrer nofollow">Bullish Momentum: AXS Eyes $22 Resistance, Here’s Why</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bullish Momentum: AXS Eyes $22 Resistance, Here’s Why

Coin Edition

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