Overall, the combination of token unlocks and Network Growth readings present a bearish outlook for Axie Infinity (AXS) price. As of May 4, traders are increasingly looking for selling opportunities. This further contributes to the idea that AXS will likely dip toward $6.50 in the near term. If the bulls can break above $7.70, however, an early recovery may be possible.
Jaxon Chavez
- 2023-05-05
Is There a Bearish Outlook for Axie Infinity (AXS) Price?
As of May 4, traders are increasingly looking for selling opportunities, leading to a bearish outlook for Axie Infinity (AXS) price. Can the bulls break above $7.70 to spark an early recovery?
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