Axie Infinity price has held steady above the $4.13 support level for almost two weeks, consolidating within a range. AXS token could witness some volatility soon, with 15.13 million tokens worth $62.62 million due to flood markets on October 20. Previous unlock on July 22 sent the token almost 10% below crucial support as token holders received staking rewards. er, this could change soon, with the gaming token’s cliff unlock event around the corner.
AXS/USDT 1-day chart On the other hand, if sidelined investors come in, Axie Infinity price could activate its upside potential, breaking past the range high of $4.37. A decisive daily candlestick close above this level would bring the $5.00 psychological level in sight. Axie Infinity token unlocks As part of the bearish catalysts, the Axie Infinity ecosystem has a cliff token unlock event barely a day out. The event, slated for October 20, will see up to 15.
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