Bitcoin Lowe's AXY Currency Indices Infinity Bitcoin

Axie Infinity [AXS] buyers could aim to propel recovery toward this range

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.As Axie Infinity[AXS] approached its $11-$12 year-long support range, the buyers stepped in to inflict an up-channel (yellow) revival.Consequently, AXS hiked above the basis line (green) of the Bollinger Bands (BB) to test the $15 resistance.

The break below the channel has exposed AXS to a likely downside in the coming sessions. At press time, AXS was trading at $13.945, down by 6.19% in the last 24 hours.Source: TradingView, AXS/USDThe alt’s reversal from the $27-level since early April pulled it down toward its year-long support.

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