要約

For nearly two months, the Axie Infinity price resonated inside a falling wedge pattern. However, the altcoin recently rebounded from the $12.3 support pump by 34.3% and poked the nearest resistance of $17.6. Can buyers undermine the supply pressure and give a legitimate breakout? Key points: The AXS price faces supply pressure near $12.3 The AXS/USDT technical chart represents the traders responding to a falling wedgepattern. The altcoin falling within this pattern marked a low of$11.92 on June18th.However, the dual support of the downsloping trendline and$12.3 level bolstered a bullish reversal. The AXS price rebounded from the $12.3 support on June19th, challenging the immediate resistance of$17.6.Moreover, with a101.6% volumeincrease, the strikes this resistance with a long bullish candle. If the AXS buyers manage a candle closing above the $17.6resistance, the coin price could surge more than12-14% before it reaches the overhead trendline. However, the20-day EMA aligned with the$17.6 resistance assists sellers in preventing the$17.6breakout. If theysucceed, the altcoin will take a quick dip to$12.3 support.

本文翻訳

For nearly two months, the Axie Infinity(AXS) price resonated inside a falling wedge pattern. However, the altcoin recently rebounded from the $12.3 support pump by 34.3% and poked the nearest resistance of $17.6. Can buyers undermine the supply pressure and give a legitimate breakout? Key points: The AXS price action following a falling wedge pattern The AXS price faces supply pressure near $12.3 The intraday trading volume in AXS price is $409.6 Million, indicating a 10% loss. Source- Tradingview The AXS/USDT technical chart represents the traders responding to a falling wedge pattern. The altcoin falling within this pattern marked a low of $11.92 on June 18th. However, the dual support of the downsloping trendline and $12.3 level bolstered a bullish reversal. The AXS price rebounded from the $12.3 support on June 19th, challenging the immediate resistance of $17.6. Moreover, with a 101.6% volume increase, the strikes this resistance with a long bullish candle. If the AXS buyers manage a candle closing above the $17.6 resistance, the coin price could surge more than 12-14% before it reaches the overhead trendline. A potential reversal from this resistance could continue the consolidation phase within the falling wedge and sink the coin price below $12.3. However, to obtain a genuine recovery signal, the AXS buyers need to breach the dynamics resistance trendline of the wedge pattern. A successful breakout could drive the altcoin to the $35.2 mark. Technical indicator The Vortex indicator shows the VI+ and VI- slopes are steadily nearing each other, which could soon lead to a bullish crossover. This buy signal accentuates growth in buying momentum. However, the 20-day EMA aligned with the $17.6 resistance assists sellers in preventing the $17.6 breakout. If they succeed, the altcoin will take a quick dip to $12.3 support. Resistance levels- $17.6 and $35 Support levels- $12.2 and $9.3

引用リンク

出典：https://coingape.com/markets/axs-price-analysis-rising-axs-price-aims-to-reclaim-17-6-mark/