Axie Infinity Price Analysis: AXS tests previous swing high at $68, rally on the way

TL;DR Breakdown Axie Infinity price analysis is bullish today.AXS/USD rallied to the previous swing high today.AXS is set to reach new several-week highs in days to come Axie Infinity price analysis is bullish today as the market saw a strong advance over the past 24 hours and has approached the previous swing high at $65. As long as AXS/USD can keep up its momentum, we expect further upside later today and a new higher high. Trading in the overall market was largely unfavorable for the last 24 hours. Bitcoin dropped 0.78 percent, whereas Ethereum lost 3.20 percent. Avalanche is currently the greatest beneficiary, with a rise of more than 10%. Axie Infinity price movement in the last 24 hours: Axie Infinity retests previous swing high For today’s daily Axie Infinity price analysis, XRP/USD stayed inside a range of $66.51 to $68.10, with low volatility throughout the last 24 hours. The total trading volume has dropped by 26.54 percent to $238.13 million and the overall market capitalization fluctuates around $4.08 billion, placing it at position 42 overall. AXS/USD 4-hour chart: AXS set to break $68? On the 4-hour chart, we can see the Axie Infinity price action attempting to break the $65 previous swing high. AXS/USD 4-hour chart. Source: TradingView The price of Axie Infinity has been in a strong upswing lately, with bullish momentum resuming over the last week. On September 7th, after a drop of more than 30%, a new low was ...