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.
Author
FXStreet Team
FXStreet
