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Biggest Movers: DOGE, ADA Nearly 10% Higher, as AXS Leads Today's Gainers – Market Updates Bitcoin News

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AXS hits a 5-week high, as ADA gains as Coinbase allows staking.

was up by almost 25% today, as traders continued to react to tweets from Axie Infinity that said that the ears of “Axies” will have their own cards for the first time ever.during today’s session.

Today’s move came as AXS broke past its resistance level of $57, rising to its highest point since February 7 in the process.After breaking out of one ceiling, today’s surge which saw prices climb by as much as 25%, rising to yet another point of resistance. This new ceiling is the $69.24 resistance, which has been in place for over six weeks, following a selloff from $84.

Bulls will likely be aware of this, and may liquidate some gains, in order to avoid price uncertainty, should bears re-enter the market.

 

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