Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Axie Infinity labored under stern selling pressure A move below $6.6 and $6 can provide bears with opportunities Axie Infinity fell below the $7.7 mark yet again in mid-December, after the bulls fought throughout […]
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionA move below $6.6 and $6 can provide bears with opportunitiesfell below the $7.7 mark yet again in mid-December, after the bulls fought throughout November to climb past this mark. Given the sentiment across the crypto market, a strong uptrend might not be seen for a few more months.
The orange trendline connected the series of lower highs that AXS has made on the price charts since 3 September. Even before that, the trend had been bearish, and $19 was flipped to resistance in August.
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