AXS’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. AXS’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. AXS’s price remains indecisive on the daily timeframes as the price trades below the 50 and 200 Exponential Moving Averages (EMA). Axie Infinity (AXS) has recently struggled to rally like other altcoins, as the price continues to stall, with little hope of a rally to a high of $20. The crypto market has seen some relief across all assets, with Bitcoin (BTC) leading the way, rallying and dragging the market. Axie Infinity (AXS) has remained relatively slow in recent days, as buy orders have slowed due to the price encountering resistance to breaking higher. (Data from Binance) Related Reading: Dogecoin Shows Bullish Bias As $0.12 Support Holds; Will $0.15 Be Breached? Axie Infinity (AXS) Price Analysis On The Weekly Chart Many altcoins have continued to produce over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope is returning to the crypto space. The beginning of the week appeared skeptical, but things are starting to shape up and look more promising for some altcoins, such as BAND, which rallied over 100% in less than 24 hours, demonstrating the price action ...
