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Cryptocurrencies Price Prediction: Polygon, Avalanche & Shiba Inu — Asian Wrap 28 October

Cryptocurrencies Price Prediction: Polygon, Avalanche & Shiba Inu — Asian Wrap 28 October
FXStreet TeamFXStreet TeamFXStreet

Polygon partners with cross-chain communication medium Axelar to connect Polygon Supernets

Polygon's prosperity in the crypto market seems to be extending as the DeFi chain is improving on cross-chain infrastructure. Building on the same, Polygon joined hands with Axelar, known for delivering secure cross-chain communications to bring cross-chain interoperability to the Polygon Supernets.


Is Avalanche price setting up for another sell-off?

Avalanche price shows a bearish divergence between current highs and the highs established in September near $22. The Volume Profile Indicator shows the current uptrend as less powerful than the previous decline. This thesis remains neutral based on the factors mentioned below.


Shiba Inu Price Prediction: SHIB could rally another 20% based on these factors

Shiba Inu price took the market by surprise as a 20% rally unfolded early in the week. Key levels have been identified to gauge a potential entry before the uptrend continues. Shiba Inu price rallied in applaudable fashion as the notorious meme coin pulled off a stunning 20% rally. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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