AXS🔥🔥🔥

Date: Saturday, March 15, 2025
The cryptocurrency market is showing signs of stabilization following Bitcoin's recent recovery from a dip near $76,000, with the asset now trading around $84,000. This positive shift is providing a much-needed boost to altcoins, especially gaming tokens like Axie Infinity ($AXS ) and Ronin ($RONIN ), both of which have experienced substantial declines over the past 90 days.
Both tokens are now approaching critical resistance levels within their respective falling wedge patterns, with traders closely monitoring for a potential breakout. A successful breakout from these formations could signal the long-awaited recovery for these assets.
Axie Infinity (AXS)
Axie Infinity (AXS) has been trading within a falling wedge pattern—a classic technical formation that often signals a bullish reversal—since it faced rejection at $10.26 in early December. Over the past three months, the token has experienced a sharp decline, falling by more than 75% to a low of $2.51 on March 11.
However, signs of a reversal are emerging. AXS has recently recovered to $3.24 and is approaching the upper resistance line of the falling wedge. Should the token manage to break through this resistance and confirm the move with a retest, the next target could be around $4.18, aligning with the 50-day moving average (MA). If bullish momentum continues, AXS could experience a stronger rally, potentially reaching the $5.66 range near the 100-day MA, which would represent a 72% increase from current levels.
Ronin (RON)
Ronin (RON) has followed a similar trajectory. After peaking at $2.73 in mid-December, RON has experienced a decline of over 69%, finding support at $0.66 on March 11. Currently trading at $0.83, RON is nearing a key resistance level within its falling wedge pattern.
A successful breakout above this resistance, followed by a retest, could push RON toward the 50-day MA and potentially its next major resistance zone near $1.40. This could result in a 70% rally from its current price.
Outlook for AXS and RON
Both AXS and RON are approaching critical technical levels that could signal a potential trend reversal. Their respective falling wedge patterns suggest that a breakout could be on the horizon, but confirmation is essential. Traders will be watching for a breakout with strong volume and sustained follow-through to validate the bullish thesis.
In addition to the technical factors, broader market sentiment, Bitcoin’s next moves, and macroeconomic trends will continue to influence the direction of these gaming tokens. For now, however, the charts suggest that both AXS and RON may be on the cusp of a recovery, should the anticipated breakouts materialize.

Let's dive deeper into the best #GamingTokens

I believe this project is not receiving much attention at the moment, but it could
make a significant impact during this bull run. I anticipate a minimum market cap
of $10 billion, compared to the current market cap of $851 million

The #RONIN. token is the native token of the Ronin chain, an EVM-based blockchain developed by the #AXS🔥🔥🔥 team. During the previous bull run, the AXS
token's price surged from 10 cents to $166. In my opinion, the utility of the RONIN
token far exceeds that of the AXS token.

Key features :

1-Monthly active users: 4.62 million
2-#RoninWallet
3-Ronin token staking program with a 13% APR
4-Transaction fees paid in RONIN tokens
5-Cheap and fast transactions with a quick
6- confirmation time (2-3 seconds block time)
7-The ability to withdraw #AxieInfiniy assets back to the Ethereum Mainnet using
the Ronin bridge

Ronin Ecosystem

1-Axie Infinity Game , 2-Aperion , 3-Pixel , 4-Wilde forest, 5-Kaidro
and so many projects

As of February 6, 2025, Axie Infinity's AXS token is trading at $4.18, with an intraday high of $4.29 and a low of $4.06.
Technical Overview:
Support Levels:Immediate support: $4.00Strong support: $3.80Resistance Levels:Immediate resistance: $4.30Key resistance: $4.50Indicators:Relative Strength Index (RSI): Currently at 45, indicating neutral conditions.Moving Averages: The price is below the 20-day and 50-day EMAs, suggesting bearish momentum.MACD: Shows a bearish divergence, but the momentum is weakening.
Trade Strategy:
For Short-Term Traders:
Entry Zone: $4.00 - $4.20Targets:Target 1: $4.30Target 2: $4.50Target 3: $4.70Stop Loss: $3.90
For Swing Traders:
If the price breaks below $4.00:Short Entry: $3.95Targets:Target 1: $3.80Target 2: $3.60Target 3: $3.40Stop Loss: $4.20
Momentum Analysis:
Neutral-to-Bearish: If the price holds above $4.00, there's potential for recovery toward $4.30.Bearish: A break below $4.00 could lead to a further decline.Bullish Reversal: A move above $4.50 with strong volume may indicate a bullish reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making trading decisions.
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