Cryptocurrencies Price Prediction: Cardano, Axie Infinity & Cronos — European Wrap 17 March
Will Cardano network activity by ADA whales fuel a price rally in the Ethereum-killer?
Cardano hit an important milestone in its developmental journey going full peer-to-peer with node 1.35.6. Developers called all Staking Pool Operators (SPOs) to get on the testnet and test the speed and efficiency of the Ethereum-killer blockchain network.
Here is why AXS price is looking at a 15% climb to $9.40
Axie Infinity price (AXS) is trading with a bullish bias on the lower timeframe, moving upwards along a bullish trendline. The gaming token followed the precedent set by the broader market, with Bitcoin (BTC) and Ethereum (ETH) taking the lead. It posted a red bar on the chart on March 15 as extreme volatility in the crypto sector spread amid the ongoing financial crisis in the United States. AXS also reacted to Tuesday’s Consumer Price Index (CPI) release. Currently, the altcoin is on course to record further gains for investors as anxiety about these recent events continues to ease.
Cronos price is the altcoin to watch this week for a breakout trade that could bear a 90% gain by summer
Cronos (CRO) price is holding all the cards here this Friday as it goes against several of its brothers and sisters in the altcoin space. Price action is up over 6% for the week, and with the rally in Bitcoin price this Friday, another tailwind moves in favor of CRO. Should CRO be able to break the 55-day Simple Moving Average (SMA) to the upside, just one more element stands in between bulls and a 90% gain by the summer of this year.
Author
FXStreet Team
FXStreet
