Axie infinity to infinity and beyond!
Axis has been pumping for quite some and is a project I've mentioned quite a few times before (for those that follow me on telegram or twitter), and although I have to say I've been trading this for quite some time... I can tell you there is more upside to it in my opinion. I really doubt the market will stop here with a triple top, while making higher closes on higher timeframes.
NFTs will probably pump again and I doubt that that sector doesn't have more juice left. There aren't that many LARGE NFT tokens out there and most have fairly low market caps. Even AXIE has a relatively small market cap based on the duration and strength of its pump. It was a Binance IEO and it is still below 500M in market cap despite continuously getting more listings and being one of the hottest NFT related coins on Binance. Now Binance building its own NFT marketplace might hurt some of those projects, but the influx of new people is so huge that I doubt other projects won't benefit.
In terms of TA I can see a dip lower in case let's say BTC drops hard again, but after that i still see it going higher. It has shown tremendous strength and the trend is super clean. Long and Strong!
NFTs will probably pump again and I doubt that that sector doesn't have more juice left. There aren't that many LARGE NFT tokens out there and most have fairly low market caps. Even AXIE has a relatively small market cap based on the duration and strength of its pump. It was a Binance IEO and it is still below 500M in market cap despite continuously getting more listings and being one of the hottest NFT related coins on Binance. Now Binance building its own NFT marketplace might hurt some of those projects, but the influx of new people is so huge that I doubt other projects won't benefit.
In terms of TA I can see a dip lower in case let's say BTC drops hard again, but after that i still see it going higher. It has shown tremendous strength and the trend is super clean. Long and Strong!
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