Axie Infinity (AXS), one of the first cryptocurrencies that comes to mind when GameFi is mentioned, made gamers happy with its sharp increase in a short time.
AXS, one of the main projects in the GameFi field, has managed to attract attention with its recent activity. AXS, which tried to make an attack from time to time, broke the resistance this time and recorded an effective rise. The popular GameFi coin, which increased by 13.09 percent in the last 24 hours, ranked third on the “Top Rising” list.
Could this rise that started on AXS spread to other GameFi projects? Which levels are critical for AXS to monitor?
He retreated from an important threshold!
AXS, which has been continuing its upward movement since $ 5.40, reached $ 7.50 in a very short time, experiencing a total increase of 37 percent. However, the Fud news that continued to circulate in the market and the parity reaching a critical resistance level naturally created selling pressure. AXS, which moved downwards with the sales, is now trading at $ 7.09.
Increasing interest in GameFis, upward pricing of BTC or the dissipation of dark clouds throughout the industry will strengthen AXS. In such a scenario, there may be a move to 7.40 – 7.63 – 7.80 and 8.17 dollars respectively. Persistence above $ 8.17 may further ignite the GameFi area and pave the way for other projects. In case things go the other way, first 6.50, then 6.26 – 5.78 and 5.36 dollars, respectively, can be viewed as support.
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