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Cryptocurrencies Price Prediction: Chainlink, Axie Infinity & Polygon — Asian Wrap 11 Nov

Chainlink buy the dip opportunity ahead, LINK could retest $31

Chainlink price action sent bulls and bears into a tails spin during the Wednesday trading session. After hitting new five-month highs, Chainlink gave up most of the double-digit percentage gains. The drop was a perfect combination of technicals leading fundamentals.

Axie Infinity presents buy setup that might see AXS price double

Axie Infinity price continues to press higher and create new all-time highs. Some short-term profit-taking is expected, but buying is expected to return to rally Axie Infinity to highs that could double Axie Infinity above its current $150 trading range.


 
MATIC setting bears up for a short-squeeze, Polygon eyes $2.50

MATIC price may be nearing the end of its pull-back after reaching the new multi-month highs back in late October. Buyers have stepped in to support MATIC and could surprise a lot of new short sellers. MATIC price has a theoretical long trade setup ahead.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.