TL;DR Breakdown Axie Infinity price analysis is bullish for todayAXS traded in a daily range of $71 – $74 Axie Infinity Price Analysis: General price overview Axie Infinity price analysis is bullish for today as a new higher low was established overnight after a retracement yesterday. Therefore, we assume AXS/USD will head higher later this week and look to set further several-month highs. The cryptocurrency market trades in the green over the last 24 hours. Bitcoin gained 6.24 percent, while Ethereum by around 8 percent. Axie Infinity gained 8.34 percent and is among the best performers on the 24-hour chart. Axie Infinity price movement in the last 24 hours: Axie Infinity retests the $73 mark as support AXS/USD traded in a range of $71.3 – $74.10, indicating mild volatility over the last 24 hours. Trading volume dropped by 22.66 percent and totaled $936 million, while the total market capitalization trades around $4.4 billion after increasing by 8.24 percent. AXS/USD 4-hour chart: AXS prepares for another rally On the 4-hour chart, we can see the Axie Infinity price action rejecting further downside overnight as bulls prepare for another strong push higher later this week. Axie Infinity price action has seen an increase of over 150 percent over the past month after a swing low was set around $37 on the 20th of July. Several higher highs and lows were set over the past weeks, creating a stable bullish...
