Topic: AXS/USDT

Metaverse Weekly Roundup: Axie Infinity On The Brink Of Big Break Out: Up or Down?

Over the recent four weeks, Axie Infinity (AXS/USDT) has been in a bit of a short-term downtrend and currently it might be on the brink of a break out from a descending triangle, which has originated from the coin’s all-time high on the 6th of November. The token’s ongoing price action eerily resembles that of Solana’s latest correction, which started with its ATH on the exact same day as the AXS’s one, although the popular smart contract platform’s price has already broken from its triangle and SOL (SOL/USDT) is looking ready to face the challenge of testing its nearest resistance, once again, starting around the $230 mark.