fxs_header_sponsor_anchor

Cryptocurrencies Price Prediction: Axie Infinity, Solana & Polkadot — Asian Wrap 18 Feb

Axie Infinity price action indecisive, AXS at risk of a 20% drop

Axie Infinity price has been an exercise in frustration for bulls and bears. Multiple bearish continuation setup and bullish reversal opportunities have developed, with neither side willing or able to capitalize on any move. That activity is expected to continue. However, there is a slight weight given to the bearish side of the market, given where AXS is in the Ichimoku Kinko Hyo system.

 

Experts predict Solana price rally as the Ethereum-killer crosses $58 billion in transactions

Ethereum-killer Solana has recovered from the drop in on-chain activity, hitting $58 billion in all-time transaction volume. Analysts have predicted a rally in Solana price, in response to the bullish catalysts. Solana made headlines with a project on the network's blockchain; Wormhole suffered a $320 million hack.

 

Polkadot awaits bullish breakout that would see DOT rally more than 50%

Polkadot price action remains bound to the $20 value area. A large Spike Pattern on the Point and Figure chart has existed for over three months without a single reversal column. The probability of a bullish rally increases. Polkadot price has one of the longest-lasting Spike Patters on its Point and Figure chart of the entire cryptocurrency market.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.