1
Active addresses reflect user participation in transactions over time, showing a decline in activity and potential impact on AXS price.
2
The Axie Infinity price asset plunged below the 20-day and 50-day EMA bands, reliant on the sellers’ surge could deteriorate more.
The price of AXS asset has been displaying bearish behavior and has been declining consistently on the daily chart, indicating a potential further downward trend. The asset’s performance was poor last week and last month, with a drop of -3.59% and -25.95%, respectively, which suggests a stable downtrend.
The price of Axie Infinity crypto has significantly dropped in recent times. This decline was evident as the price plunged from a crucial level of approximately $13.50 on the chart.
AXS crypto is deteriorating at faster pace, as it meets the resistance level and could dive to new lows from the current price. The Axie Infinity price asset plunged below the 20-day and 50-da
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