Currently, it is trying to break horizontal support at 23.95 ish.
RSI is approaching the overbought level.
Previous ATH showed a correction of 80+% from 11k to 2k
This time is different as Axie Infinity gained more players and such.
However, the recent pullback only showed a 50% downside. I believe it could still retest its previous ATH at 11k which would be a 60% downside from its 29k ATH level.
RSI is approaching the overbought level.
Previous ATH showed a correction of 80+% from 11k to 2k
This time is different as Axie Infinity gained more players and such.
However, the recent pullback only showed a 50% downside. I believe it could still retest its previous ATH at 11k which would be a 60% downside from its 29k ATH level.
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