Are Bulls Of AXS Getting Tired?

Axie Infinity has a market cap of $1.09 Billion and is ranked 81st in the Coin Market cap. AXS token price is currently trading near the value of $7.56 with a gain of 1.95%. Meanwhile the volume of the asset price has recently seen a surge of over 20.77%.
The asset is currently forming weak bullish candles on the daily chart. It is trading below the 50 and 100 EMA with a negative crossover in the past. These EMA can act as a resistance while the major resistance can be observed near $9. The support price for AXS can be seen near $7.
RSI of AXS is currently near 46 highlighting its presence in the neutral zone. The overall sentiment of RSI and MACD is neutral.
Chart PatternsHarmonic PatternsTrend Analysis

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