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Cryptocurrencies Price Prediction: Axie Infinity, Ape Coin & Solana — Asian Wrap 24 August

Axie Infinity Price Prediction: Is a $10 AXS Coin inevitable?

Axie Infinity price hints at an upcoming sell-off that investors should be aware of. Axie Infinity price currently trades at $14.71. A very strong bearish engulfing candle has presented itself as a result of the crypto sell-off that occurred on Friday, August 19. 

ApeCoin Price Prediction: A $3 token by the end of the year?

ApeCoin price shows bearish technicals in both the short term and the medium term. APE price displays concerning signals that long-term investors should be aware of. Since August 3, the Ethereum-based NFT token has lost 30% of its market value.

Solana Price Prediction: Is this Coinbase collaboration a sell-the-news event?

Solana price shows optimistic market sentiment, but the technicals have not yet reacted. Solana price currently auctions at $35.44, 85% lower than its all-time high at $258. During August, the centralized smart contract token witnessed a 26% increase before the bears came back into the market to reject the price.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum continued to consolidate in the tight $1,800-$2,000 range amid weak signals across key on-chain metrics. ETH Exchange Netflow, which measures the difference between coins flowing in and out of exchanges, indicates mild dominance in selling activity after its 14-day moving average flipped positive.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin hovers around $63,000 as the broader crypto market maintains a risk-off sentiment. Rising against the tide, Cosmos and Pump.fun are leading gains over the last 24 hours, emerging as top performers. CoinMarketCap’s Fear and Greed Index at 37 on Friday flattens below the neutral zone, indicating persistent mildly risk-averse conditions.

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Bitcoin, Ethereum, and Ripple show signs of recovery after a correction earlier this week. BTC finds support around the key $63,300 level, ETH continues to trade sideways, while XRP holds strong above the $1.00 psychological level. The price action of the top three cryptocurrencies suggests a short-term rebound if these key levels continue to hold.

SharpLink to stake $200 million in Ethereum through Lido
SharpLink Gaming (SBET) announced plans to stake $200 million in Ethereum (ETH) through Lido as part of its strategy to generate returns from its ETH treasury, according to a Thursday announcement. The allocation will be converted into wrapped staked ETH (wstETH), which represents staked Ethereum and the associated staking rewards.
Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.