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AXS price persisted in delivering buying projections and is reflecting an uptrend.
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Buyers are gaining traction and trying to skyrocket above the $10 mark.
AXS price has overtaken the trendline of the rising parallel channel and signals a breakout in recent sessions. However, the AXS price failed to extend the gains and faced rejection near $10. It will retest the channel’s support region near the 20-day EMA mark. Moreover, the trend is strong, and further short covering may be possible. AXS price may shift the upward movement above $12 soon.
AXS price is trading above the key moving averages and has decisively sustaining gains in the bullish territory reflecting the bulls dominance for the past sessions. Furthermore, the price action showcased the follow-on buying move, and higher high swings were spotted on the charts. The technicals reflect strong performance, and AXS price has reverted from the demand zone of $4 and surged over 130% in the rec
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