Axie Infinity (AXS) Price Rallies 33%

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Axie Infinity (AXS) Price Prediction 2022

Axie Infinity (AXS) holds the 56th position on CoinGecko right now. Axie Infinity price prediction 2022 is explained below with a daily time frame.

The above chart of Axie Infinity (AXS) laid out a Descending Channel pattern. Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.

Currently, Axie Infinity (AXS) is in the range of $9.15 If the pattern continues, the price of Axie Infinity might reach the resistance levels of $18 and 27. If the trend reverses, then the price of Axie Infinity may fall to $5.69

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