Maaabot ba ng Axie Infinity ang $6 na Target?
Tech Maaabot ba ng Axie Infinity ang $6 na Target? 8 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Axie Infinity (AXS) bears finally broke down the $6 support level on Aug 12 after nearly a month of multiple attempts. Amid growing bearish momentum, on-chain data examines the bulls chances of forcing an early AXS price rebound. After losing the critical $6 support level, Axie Infinity (AXS) bulls are now making concerted efforts toward staging an early rebound. As losses begin to mount, will the $5 support break down, or can the bulls begin a recovery from there? AXS is Now Approaching the Oversold Region AXS price currently sits around $5.37, meaning the leading metaverse token has now shed 24% in value from last months peak of $6.90. After a month-long sell-off frenzy, AXS now appears to have entered the oversold territory. Maliwanag, ang (NVT) ratio has dropped rapidly since AXS retraced from the $6 support on August 12. Between August 12, and August 16, AXS witnessed a staggering 85% drop in NVT ratio, from 3,571 to just about 507. Will Axie Infinity (AXS) Price Rebound? | NVT ratio, August 2023. Source: Santiment The NVT ratio examines the relationship between the current market capitalization and the underlying transactional activity on









