December 26, 2023 at 09:47 AM GST 1 min read News
  • AXS rebounds from $8 MA to reach $13, driven by strong purchasing activity on Coinbase.
  • As of the latest data, AXS trades at $10, marking a remarkable 26% increase in a single day.
  • The crypto community anticipates resistance at $13, but a successful push beyond $15 could lead to a climb toward $30.

AXS has recently experienced a notable rebound, catching the attention of crypto enthusiasts and investors alike. The crypto asset bounced back from the Moving Average (MA) at $8, surging impressively to reach $13.

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As of the latest data, AXS is trading at $10, marking a remarkable increase of 26% from the previous day’s rate. This surge in value is a clear reflection of strong purchasing activity driven by bullish investors.

While the AXS price may encounter resistance around the $13 mark, the outlook remains optimistic. If bullish traders can maintain their positions without significant retreats, there is a high likelihood of a continued upward trend. The key milestone to watch for is a potential push beyond the $15 level, which could set the stage for a climb toward the coveted $30 mark.

AXS investors and the broader crypto community are closely monitoring these developments, eagerly anticipating the crypto’s next moves. The remarkable recovery and surge in value have injected renewed enthusiasm into the AXS ecosystem, leaving investors optimistic about the future.

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