Axie Infinity price analysis: AXS/USD pair to break $78 barrier to end bear season

TL; DR Breakdown The Bollinger bands opened the daily price chart when they were wide, signaling high volatility.The general view of the Daily chart seems bearish as there are more red candlesticks than green.Axie Infinity opened the 24-hours price analysis chart at $78.3. Axie Infinity price analysis: General price overview On the daily Axie Infinity price chart, yesterday’s last twenty minutes witnessed a storm of Buyers blasting the AXS/USD market, pushing the price sharply higher and establishing a flag trend. The bullish trend on today’s Axie Infinity price analysis chart lasted just five minutes before coming to an end at resistance at a $78.5 intraday high. All this time, sellers were on the drawing table preparing for an attack. Bears caused strong resistance at the intraday high, causing the price of AXS to drop, forming an inverted triangle. Since then, the AXS traded in head and shoulder trends. Sellers kept on coming into the market in numbers. As a result, the bear pressure was so much for bulls to withstand, causing the prices to drop to an intraday low of $74.3. The Bollinger bands opened the daily price chart when they were wide, signaling high volatility. However, at the time of writing, they are narrow, indicating low volatility. Most altcoins are bleeding on the daily cryptocurrency heat map. Source: Coin360 The largest digital asset is trading at $48K, which is a -0.77 percent loss. Its closes...