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Cryptocurrencies Price Prediction: Axie Infinity, Crypto.com & Binance Coin — Asian Wrap 18 May

Axie Infinity price is in a make-or-break situation as price action coils around $20

AXS price hints at one more drop in price. If the technicals are correct, a target could be reached at $15. Axie Infinity price is currently coiling into what appears to be a triangle consolidation. The triangle could be considered a wave four within the steep declining rally that wiped 40% of profits since May. 

Where Crypto.com price is heading for the rest of May

Crypto.com price continues to trade near the lows it suffered during last week's sell-off. While the great majority of major cryptocurrencies have made more than 40 to 50% moves from their flash crash lows. On the other hand, CRO may be positioned for another major drop.

Binance Coin Price Prediction: Alternative count suggests a retest of $250

Binance coin price warrants the idea of a profitable countertrend opportunity in the coming days. Still, one more dip may be needed to fulfill the overall structure. Binance coin price is displaying a vicious bear rally that may be enticing retail traders to jump in. 

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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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