Axie Infinity

<ul><li>AXS shows signs of trend reversal with a breakout above the trendline, hinting at bullish momentum.</li><li>Analyst Ali has noted key resistance levels at $8.00 and $11.40, while $7.00 and $6.00 offer crucial support.</li><li>The formation of an inverse head-and-shoulders pattern on the weekly chart adds to bullish sentiment.</li></ul>The recent price action of <a href="https://cryptotale.org/axs-braces-for-major-market-shift-technical-analysis-reveals/" rel="noopener noreferrer nofollow">Axie Infinity</a> has caught the attention of market experts alike, as the cryptocurrency appears to be undergoing a significant trend reversal. After a prolonged period of bearish momentum, marked by lower highs and lower lows, AXS has finally broken out above a key trendline on the 8-hour timeframe chart, hinting at a potential shift toward bullish territory.As <a href="https://x.com/CryptoFaibik/status/1793546635143991599" rel="noopener noreferrer nofollow">highlighted</a> by Captain Faibik, an analyst, this breakout is not only significant in itself but also confirmed by a retest of the trendline, adding further validation to the newfound bullish momentum. With the downtrend potentially coming to an end, investors are eyeing a 40% bullish rally in the near term, fueled by the anticipation of price reaching new heights.<a href="https://cryptotale.org/market-watch-fetch-ai-gears-up-for-a-bullish-climb-to-8-24/" rel="noopener noreferrer nofollow">Read more - &gt;</a> <a href="https://cryptotale.org/axs-price-breaks-key-resistance-is-11-40-the-next-target/" rel="noopener noreferrer nofollow">https://cryptotale.org/axs-price-breaks-key-resistance-is-11-40-the-next-target/</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

AXS Price Forecast: Analysts Forecast +40% Rally Amid Bullish Momentum

CryptoTale

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