Cryptocurrencies Price Prediction: Axie Infinity, Polygon & Bitcoin — Asian Wrap 24 Jan

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Axie Infinity price awaits 26% crash as death cross looms

Axie Infinity price is expecting further losses as a death cross is approaching. The governing technical pattern projects a bearish target at $36.73, resulting in a 26% descent. Axie Infinity price has sliced below the lower boundary of the descending parallel channel on the daily chart on January 22.

MATIC Price Prediction: Polygon prepares for an additional 17% drop

MATIC price has presented a bearish chart formation that suggests a pessimistic narrative for the layer 2 token. An additional 17% plunge may be on the radar for Polygon following a break below a critical level of support. Polygon could drop toward $1.245 before a rebound can be expected.

Bitcoin bears eye catastrophic crash as BTC sellers target $29,000 next

Bitcoin price action has continued to weaken as BTC has dropped below a crucial level of support. The prevailing chart pattern projects another 16% drop for the leading cryptocurrency. The bulls may find it difficult to reverse the period of underperformance as many obstacles may emerge.

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FXStreet Team

FXStreet

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.

Dogecoin Price Prediction: DOGE risks deeper losses amid waning retail demand

Dogecoin price edges lower for the third straight day, inching closer toward the $0.0700 support level. Derivatives data signal easing retail demand for DOGE as the broader market risk-off sentiment remains elevated. The meme coin risks further decline below $0.0700 as momentum indicators continue to show sell-side dominance.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC faces $64K hurdle, ETH signals caution, XRP defends key support

Bitcoin, Ethereum, and Ripple remain under pressure at the start of the week on Monday, after BTC and ETH recovered slightly, while XRP corrected by over 6% in the previous week. BTC has struggled to break above the $64,000 resistance level.

Crypto Market Overview: Zcash, Worldcoin sustain gains while Bitcoin loses steam

Bitcoin trades below $63,000, edging lower as price remains capped below its 50-day EMA at $65,212. Market sentiment remains on edge as geopolitical tensions between the US and Iran stay elevated over the Strait of Hormuz. Zcash and Worldcoin sustain gains over the last 24 hours, emerging as top performers.

Crypto Today: Bitcoin, Ethereum, XRP hold recovery levels amid minor ETF outflows

The crypto market traded modestly, gaining 1.1% on Friday as Bitcoin (BTC), Ethereum (ETH) and XRP maintained their recent recovery levels. The gains came despite US spot ETF outflows and cautious investor sentiment, suggesting buyers continue to defend key support levels.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.