fxs_header_sponsor_anchor

Cryptocurrencies Price Prediction: Ripple, Shiba Inu & Axie Infinity — Asian Wrap 09 May

XRP price action warns of a possible 50% price collapse

XRP price action on the weekly chart looks depressing if you’re a bull but magical if you’re a bear. No matter which way you want to look at it, XRP’s chart is bearish and warns of a massive collapse unless bulls come in and reverse the current setup.

 

Shiba Inu price targets a return to $0.000025, relief rally for SHIBA is developing

Shiba Inu price action continues to fall lower and lower. A push towards new 2022 lows appears likely as buyers have thus far not generated any effective defense for SHIBA. Shiba Inu price action, from an Ichimoku perspective, remains extremely bearish, with no support currently present on the daily chart.

 

Axie Infinity price to bounce more than 15% as buyers return at 2022 lows

Axie Infinity price continues its slide below the $30 value area and into the $28 range. However, volume is increasing at these lows, and a new high volume node has developed, signaling that some support may be developing.  Axie Infinity price continues to be plagued by several negative issues preventing a return to its highs. 

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.