Cryptocurrencies Price Prediction: Axie Infinity, Bitcoin & Ethereum — Asian Wrap 20 February

FXStreet Team FXStreet

Axie Infinity Price Prediction: AXS shows inherent risk moving forward

Axie Infinity (AXS) price shows a short-term bullish trend with inherent risk attached. Traders should be on the lookout for any sudden changes in market behavior.

Bitco in Price Prediction: The trend is your friend

Bitcoin price displays technicals that reinforce the newly established bullish narrative. Traders should keep a close eye on Bitcoin as an uptick and volatility is likely to occur.

Et hereum Price Prediction: ETH still in an uptrend but caution is justified

Ethereum price has been consolidating within an overall uptrend, but there are signs of a potential trend reversal. Traders should exercise caution and implement effective risk management strategies before entering any trades on the ETH price.

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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