Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April.
Axie Infinity (AXS)
AXS was one of the biggest gainers in crypto markets on Thursday, as prices rallied following a three-day losing streak.
Following a low of $16.42 on Thursday, AXS/USD surged to an intraday peak of $24.26 during today’s session.
As a result of today’s rebound in price, AXS moved away from historical lows close to $13, which came in July last year, around the time of the token inception.
The recent decline in strength had pushed the 14-day RSI toward a multi-month