Axie Infinity price is in a make-or-break situation as price action coils around $20 - Aliens: AI Crypto News & Markets Updates
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Axie Infinity price is in a make-or-break situation as price action coils around $20

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FX Street

Tue, May 17, 2022

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Aliens TLDR

Axie Infinity price is currently coiling into what appears to be a triangle consolidation.

Axie Infinity price displays a volume tapering pattern which is typically seen in sideways consolidation.

AXS/USDT 4-Hour Chart Invalidation of the bearish outlook is a breach above $24.

If the bulls can establish price action in this zone, the next target could be $30, resulting in a 50% increase from the current AXS price.

FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

The author will not be held responsible for information that is found at the end of links posted on this page.

The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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