Axie Infinity's price has surged over 30% in the past week, reaching approximately $1.30, as the token recovers from a four-year low. This significant rebound comes amid renewed investor interest and a broader market attempt at reversal, with Axie Infinity outperforming other gaming tokens like Gala and The Sandbox.
The recent price movement follows a dip to $0.78 in late December, marking the lowest point since early 2021. The introduction of the App Token (bAXS) and upcoming gameplay enhancements are seen as potential catalysts for further gains. Technical indicators suggest room for continued upward momentum, with key resistance levels at $1.50 and $2.25.
Axie Infinity Surges Over 30% in a Week, Rebounding from Four-Year Low
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