Axie Infinity (AXS) Set for a Rebound? This Fractal Signals a Potential Upside Move
By: coinsprobe|2025/05/02 18:00:01
0
Share
Date: Fri, May 02, 2025 | 09:23 AM GMTAfter a shaky start to 2025—highlighted by Ethereum (ETH) crashing 45% in Q1—the crypto market has begun to show signs of life. ETH has rallied nearly 31% from its April 7 low, igniting optimism across the board. And now, that renewed bullish momentum is starting to spill over into key altcoins.Interestingly, one well-known gaming token that hasn’t yet joined the rebound—Axie Infinity (AXS)—might be gearing up for its moment. After a 58% year-to-date drop, AXS has lagged behind. But a compelling fractal pattern is now surfacing, suggesting that a powerful comeback could be just around the corner.Source: CoinmarketcapVIRTUAL and AXS Fractal AnalysisAs shown in the chart, VIRTUAL Protocol (left side) experienced a brutal 68% correction, bottoming out near $0.41 in early April. What followed was a textbook technical reversal: the token flipped its 50-day and 100-day moving averages (MAs) into support and blasted through a key blue resistance zone. That breakout launched VIRTUAL into a remarkable 183% rally, ultimately topping out near $1.70. /* Center the image */ .image-container { text-align: center; margin: 20px 0; } /* Ensure image is large in the post */ .image-container img { width: 100%; max-width: 940px; height: auto; cursor: pointer; /* Change cursor to indicate clickability */ transition: opacity 0.3s; } /* Hover effect to indicate interactivity */ .image-container img:hover { opacity: 0.8; } /* Main image caption */ .image-caption { font-size: 14px; color: #555; margin-top: 5px; } /* Full-view hint caption */ .click-hint { font-size: 14px; color: #007bff; /* Blue color for emphasis */ cursor: pointer; text-decoration: underline; margin-top: 3px; } VIRTUAL and AXS Chart Comparison/Coinsprobe (Source: Tradingview) Now, take a closer look at Axie Infinity (AXS) on the right. The structure is strikingly similar. AXS dropped 54%, hitting a low of $2.09 on April 16. Since then, it has reclaimed the 50-day MA and is now beginning to approach the 100-day MA—a critical technical level that previously acted as resistance for VIRTUAL before its breakout. The alignment of price action, moving averages, and structural breakout potential suggests AXS may be tracing the same path VIRTUAL blazed just weeks earlier.What’s Ahead?If AXS continues to mirror VIRTUAL’s trajectory, the next upside target could be the 100-day MA near $3.50—a gain of roughly 33% from the current price around $2.63. A decisive breakout beyond that resistance, particularly through the shaded blue zone, could unleash a much stronger move.If the fractal plays out fully, AXS could see a surge toward the $5.00 to $5.50 range—a potential upside of over 110%. While there’s no guarantee the pattern will replicate exactly, such fractals often reflect the rhythm of market psychology during transitions from downtrends to bullish reversals.Traders and investors will be watching closely over the coming days to see whether AXS can maintain momentum and break through the 100-day MA—just like VIRTUAL did before its explosive run.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin
Overview of Important Market Events on June 16

Cursor, why did you get on Musk's spaceship?
SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?
This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know
The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion
A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

Mergers and acquisitions in the cryptocurrency market are exceptionally active
Behind the rise in mergers and acquisitions is a sluggish financing market, declining project valuations, and increased pressure for startup teams to exit. However, it also indicates that the cryptocurrency industry has not lost its capital vitality, but is completing resource reorganization in anot...

Concerns Behind the Binance Customer Service Controversy
As the user base expands to the scale of Binance today, relying on the personal efforts of the founder and a few employees to fill process gaps has become an unsustainable arrangement.

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?
SpaceX stock has become one of the hottest trades of 2026. Can SPCX reach $200 before QQQ inclusion? Discover the latest SpaceX stock prediction, analyst targets, Bitcoin exposure, and the key catalysts that could move SpaceX stock after its historic IPO.

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle
The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival
France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin
Overview of Important Market Events on June 16
Cursor, why did you get on Musk's spaceship?
SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...
In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?
This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.
Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know
The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.
SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?
Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com




