Why Axie Infinity [AXS] could see a near-term setback before bouncing back
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Soon after Axie Infinity [AXS] approached to test the $12-support, buyers provoked a week-long rally in an ascending channel (white). Then, AXS witnessed double-digit gains to find itself sustaining above the basis line (green) of the Bollinger Bands (BB). While the sellers attempted to halt the bullish endeavors in the $17 region, AXS saw a patterned break. The recent revival toward...