- $AXS forms a confirmed regular bullish divergence
- Breakout structure holds above key support zones
- Analysts predict a potential 300% rally to $12+
Axie Infinity’s native token, $AXS, may be on the verge of a massive bullish trend reversal. According to analysts and traders, a confirmed regular bullish divergence has formed on the charts — a classic technical indicator that often signals the end of a downtrend and the beginning of a new upward cycle.
This pattern becomes especially powerful when combined with breakouts holding strong above key support zones, which is currently the case for AXS. With momentum building and a clean technical setup in place, bulls are starting to show signs of strength after a prolonged bearish phase.
300% Rally in Sight?
At the time of writing, AXS is trading well below its previous highs. However, chart analysts suggest that the token could rally over 300%, potentially reaching the $12+ range in the coming months. This target is considered “modest” by some, who believe that further gains are possible if broader market conditions support it.
Such a price movement would mark a major comeback for the Axie Infinity ecosystem, which had faced heavy corrections after its explosive 2021 bull run. With sentiment improving and divergence confirmed, investor confidence is slowly creeping back into the AXS market.
Why This Matters for Crypto Traders
The Axie Infinity project was once at the forefront of the play-to-earn (P2E) gaming movement. While its user base has shrunk since its peak, renewed investor interest in $AXS could revive attention toward blockchain gaming as a whole.
For traders, the current setup provides an opportunity to catch a trend early. As always, risk management is key — but the current signals suggest AXS might be gearing up for a significant breakout rally.
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The post Axie Infinity ($AXS) Eyes 300% Bullish Reversal appeared first on CoinoMedia.
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