TL;DR Breakdown Axie Infinity price analysis is bullish for todayThe overall cryptocurrency market is trading within the green zoneBulls made a huge step after they topped an all-time high at $77.48 on the 11th of August Axie Infinity Price Analysis: General price overview Axie Infinity price analysis is bullish for today after the market bounced from yesterday’s low close to $71 in the early morning hours. This was a huge step for the bulls after they topped an all-time high at $77.48 on the 11th of August and retraced 10 points lower. The current rally is an attempt to recover the overhead support at $75 and consolidate enough momentum to set high targets above $80. Axie Infinity’s native token, AXS, has been in a strong bull run for the last few weeks. However, after the coin began hitting fresh highs, traders started to take profits off the table as prices climbed too high. Therefore causing the virtual currency to retrace towards lower highs. The overall cryptocurrency market is trading within the green zone. Market leaders Bitcoin and Ethereum have gained 1.50 and 2.30 percent respectively. Dogecoin posted a record gain of 11 percent in the last 24 hours, hence becoming the best performer. Cardano is the worst performer with a loss of 2.20 percent. Axie Infinity price movement in the last 24 hours AXS/USD traded within a daily range of $67.6 – $71.042, indicating moderate volatility in the ...
