AXS Price Must Claim $2.54 to Avoid A Bigger Dip — Here’s Why
The post AXS Price Must Claim $2.54 to Avoid A Bigger Dip — Here’s Why appeared on BitcoinEthereumNews.com.
The Axie Infinity price has pulled back, but the bigger question is why whales are buying now. Since breaking out on January 21, the AXS price surged roughly 41%, hitting a wall near $3.00. The rally was fast and largely uninterrupted. Now, warning signs are appearing, price down over 17% day-on-day, even as large holders quietly add exposure. This sets up a clear conflict. Whales are stepping back in, but several chart signals suggest a near-term pullback risk is rising. Sponsored Sponsored A Bearish Harami Signaled Buyer Fatigue After the Rally The first warning of the early 24-hour crash came from the daily AXS candle structure. A bearish harami pattern formed near recent highs. A bearish harami happens when a small red candle forms inside the body of a prior strong green candle. It signals that buyers are losing momentum and sellers are beginning to push back. Axie Infinity Price Fractal: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. This pattern matters because Axie Infinity has shown this behavior before. On January 18, a similar bearish harami appeared after a strong advance. In the days that followed, AXS corrected by nearly 26%. That move was driven by buyers stepping back while sellers used higher prices to exit. This means a bigger crash could be coming, especially since AXS is down 17% over the past 24 hours. After a 41% rally, it signals that upside strength is no longer expanding. At least, not for a while. Whales Are Finally Buying Again — Misplaced Optimism? On-chain data shows something important has changed. Axie Infinity whales had been reducing exposure during earlier phases of the rally. That selling pressure was visible across Santiment data and coincided with steady price advances. That confirms that AXS whales might…
Filed under: News - @ January 25, 2026 6:17 am