Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle

• Axie Infinity’s AXS token trades in a descending triangle pattern on Binance.
• Analyst Ali Martinez forecasts a potential 20% price move once the consolidation phase ends.
• Key support lies near $1.48, with resistance forming along a descending trendline.

Axie Infinity’s AXS token is trading inside a descending triangle, hinting at a possible 20% price move ahead, according to crypto analyst Ali Martinez.

The token is currently priced at $1.44 after dropping 3.4% in the past 24 hours. Over the past year, AXS has struggled, falling 31% in the past month and 80% over the past year.

Related: Gaming Tokens Rebound 28% to $5.71B as SAND, APE, and AXS Lead Bull Surge

AXS Trades in Tight Range Near Support

Martinez’s chart shows the AXS/USDT pair moving within a narrowing range since mid-October. The token has been forming lower highs while holding steady sup…

Read The Full Article Axie Infinity (AXS) Price Eyes 20% Move From Descending Triangle On Coin Edition.