Cryptocurrencies Price Prediction: Axie Infinity, Polkadot and Bitcoin – European Wrap 12 October
|Axie Infinity struggles to keep bullish momentum, contemplating correction to $100
Axie Infinity price (AXS) is on a downward trajectory after hitting new all-time highs on October 4. With daily candles showing lower highs and the baseline as support at $111.08, a squeeze pushes bulls out of their positions. A break would spell more downside to come, with $100 as the first level of support.
Polkadot price will dive to collect liquidity and push DOT to $50
Polkadot price has struggled to successfully rise past the high probability reversal zone for over a month now. The recent attempt to shatter it failed, leading to a local top on October 12. Since then, DOT has been in a downtrend and is likely to continue heading lower.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos bound for last dip before bull run resumes
Bitcoin price is at that point where investors are anticipating the retest of its all-time high and perhaps an entry into the price discovery mode. While this development is likely, market participants need to wait for BTC to flip a significant hurdle to mark the start of a new uptrend.
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.