3 signs Axie Infinity imprint dangers giving up its 135% gains in January

3 signs Axie Infinity imprint dangers giving up its 135% gains in January

AXS/USD
+9.08%
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Axie Infinity (AXS) has rallied 135% month-to-date to achieve roughly $14 on Jan. 23, its perfect stage in two months. On the different hand, the AXS/USD pair might possibly suffer major losses within the upcoming weeks owing to a flurry of detrimental technical and classic indicators.

The AXS imprint shaped a "gravestone doji" candlestick on Jan. 23, which technical analysts be conscious as a bearish reversal pattern.

<em>AXS/USD on each day foundation imprint chart that comprises gravestone doji. Source: TradingView</em>
<em>AXS/USD three-day imprint chart that comprises falling wedge pattern. Source: TradingView</em>

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