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Cryptocurrencies Price Prediction: Cardano, Axie Infinity & Bitcoin — Asian Wrap 02 June

Cryptocurrencies Price Prediction: Cardano, Axie Infinity & Bitcoin — Asian Wrap 02 June
FXStreet TeamFXStreet TeamFXStreet

Cardano price frustrates investors as bears step in with confidence

Cardano price may have seen all of the anticipated uptrend move post-May 12 sell-off. A dip below $0.20 is on the cards. Cardano price continues the dramatic narrative as the digital asset has rallied an impressive 40% rally over the weekend. 

Investors are on edge as AXIE Infinity price may have gone too far

AXS price hints the overall downtrend may not be over. If the technicals are correct, a target of $15 could occur. Axie Infinity price is showing early bearish signals to start this week’s trading session. AXS price, like several cryptocurrencies, saw a 50% rally since the weekend. 

BTC/USD exits tight range but risks remain

BTC/USD (Bitcoin) returned to a consolidation mode near $31,500 after Monday’s dynamic bullish breakout pushed the price out of the two-week-old tight range and above the 20-day simple moving average (SMA).

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