Cryptocurrencies Price Prediction: Bitcoin, Axie Infinity and Ethereum – European Wrap 4 October


Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets to tumble before higher highs

Bitcoin price was under a lot of pressure as it squeezed during its descent. BTC broke out of the falling wedge pattern on October 1 in an explosive manner, taking altcoins for a ride.

BTC/USD 12-hour chart

Axie Infinity Price Prediction: AXS could retrace 22% after new all-time high at $157

Axie Infinity price breached a bottom reversal pattern on September 29 and has not looked back even after doubling in value. While a retracement is likely, there is a chance AXS could set up a new all-time high before throwing in the towel.

 

AXS/USDT 6-hour chart


Ethereum bears look to fill the gap at $3,000

Ethereum (ETH) price has jumped higher on the weekend as bears backed off after rediscovering risk-on sentiment. With ETH price action hitting $3,391, the price is fading slightly to the downside, with bears trying to go for the gap to fill toward $3,018. Bulls, however, will use the 55-day Simple Moving Average (SMA) and the monthly pivot as supportive elements in their corner for the next pop toward $3,681ETH/USD daily chart

 

 

 

 

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Editors’ Picks

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Crypto.com gives up 7% gain post Fed, CRO at a make-or-break point

Crypto.com price was handed a massive rejection move during the Wednesday trade session – as did the broader cryptocurrency market. As a result, the interpretation of Wednesday's candlestick leans heavily on the bearish side of the trade.

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Bitcoin: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

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