The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions.
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The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions.
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AXS may form a death cross between its 20-day and 50-day exponential moving averages despite the latest rebound.
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The interplay between Axie Infinity’s rising popularity among gamers and its booming revenue has helped its native token AXS become one of the top-performing digital assets in 2021.
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Traders flock to the gaming cryptocurrency in the wake of a sector-wide price rally. But its gains are comparatively higher—much, much higher.
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