Axie Infinity Is At The Beginning Of A Corrective Recovery

Axie Infinity is at the beginning of a corrective recovery, as we see a completed five-wave cycle from the highs by Elliott wave theory.

Cryptocurrency Axie Infinity with ticker AXSUSD doesn't look promising on the long run, but it may have a completed five-wave cycle into wave A from the highs, which may cause a correction in wave B. Now that is breaking the important trendline connected from the highs, seems like it's at the beginning of an (A)-(B)-(C) corrective recovery within wave B that can send the price back to 15-20 or maybe even up to 40 resistance area.

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