Cryptocurrencies Price Prediction: Bitcoin, Axie Infinity and Dogecoin – European Wrap 10 August

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC and altcoins begin to undo gains

Bitcoin price witnessed the second leg of its rally that originated on July 20 but failed to produce a convincing close above a crucial support level. Moreover, a technical indicator is flashing a sell signal, further supporting a downswing.

Axie Infinity Price Prediction: AXS could be building steam for a new all-time high at $84.70

Axie Infinity price has been a rebel coin due to its relatively recent launch and its breathtaking performance. While the exponential rally has not yielded gasping corrections, investors can continue to be bullish on AXS price.

Dogecoin price flashes top signal, DOGE to consolidate before resuming rally

Dogecoin price could see further consolidation before continuing its rally. A technical indicator suggests that DOGE has printed a local top, and the canine-themed token could retest critical support levels before making its next big move.

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Crypto Today: Bitcoin, Ethereum, XRP pull back amid persistent ETF outflows

The cryptocurrency market is experiencing widespread weakness on Monday, with Bitcoin sliding under the $63,000 mark amid ongoing risk aversion. Major altcoins, including Ethereum and Ripple, are following suit.

NEAR Protocol Price Forecast: NEAR loses steam near key resistance, raising downside risks

NEAR Protocol faces weakness on Monday, reversing from a key overhead trendline near $2.00. Retail demand is easing, with NEAR futures Open Interest and funding rates waning, which sparked the previous week’s rebound.

Bitcoin faces rejection at $64,000 amid persistent ETF outflows

Bitcoin is struggling below $64,000 on Monday after recovering more than 6% over the previous week. Institutional selling continued, with spot ETFs recording net outflows of over $520 million last week, marking the eighth consecutive week of withdrawals.

Pi Network: Steady decline risks a record low despite easing market drag

PI price edges below $0.1150 on Monday, extending its losses for the third straight day. Data shows an intense bearish bias among traders holding short-sided positions, reflecting weak retail support despite easing downside pressure across the crypto market.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.