Cryptocurrencies Price Prediction: Polkadot, Bitcoin & Axie Infinity — Asian Wrap 24 Dec
Polkadot bulls pour in and rally DOT higher
Polkadot price could experience an unprecedented spike over the next week and extend into late January 2022. The setup on the $2.00/3-box reversal Point and Figure chart indicates a more than 300% move higher from the present value area. Polkadot price has a strong bullish reversal Point and Figure chart pattern developing.
Why Bitcoin could see the Christmas holiday begin a 50% rally
Bitcoin price has developed the necessary conditions for a Point and Figure chart pattern known as a Bear Trap. However, it has also developed conditions favorable for a Bearish Catapult setup. Bitcoin price action on its $1,000/3-box Reversal Point and Figure chart has developed two patterns, one bearish and one bullish.
Axie Infinity presents buy opportunity before AXS hits $170
Axie Infinity price action completes an A-B-C Corrective Wave in Elliot Wave Analysis, giving strong credence to an established low. An increase of more than 60% is projected from these current lows. Axie Infinity price action has an outstanding bullish early entry opportunity coming up.
Author
FXStreet Team
FXStreet
