Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion AXS was seen to be in a bullish market structure Investors can sell if it hits the supply zone around $9.0 Axie Infinity [AXS], one of the leading play-to-earn (P2E) games, announced a recent […]
The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionInvestors can sell if it hits the supply zone around $9.0
At the time of publication, there was a massive rally after a considerable rest that could take AXS to the supply zone at $9. The Relative Strength Index suggested that the rally would reach its target at the mentioned supply zone. In addition, AXS was also on the verge of a bullish moving average crossover, which was a strong buy signal. That showed there were still buying opportunities to be exploited along the way. Hence, buyers could still have absolute leverage.
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