Hello traders. I hope you guys are doing well. Here's an update on AXS in 3 days timeframe.
AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials.
Key points:
Resistance: $10.8.
Invalidation: $6.5.
Target: $16.
That's it from my end. Have great hours ahead.
Trade safely.
AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials.
Key points:
Resistance: $10.8.
Invalidation: $6.5.
Target: $16.
That's it from my end. Have great hours ahead.
Trade safely.
