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Cryptocurrencies Price Prediction: Shiba Inu, Axie Infinity & Bitcoin — Asian Wrap April 18

Here is where Shiba Inu price could be headed after whale moves 3.48 trillion SHIB in one massive transaction

An unknown Shiba Inu (SHIB) whale has suddenly awakened to relocate trillions of tokens as the dog-themed memecoin starts to show signs of newfound life. According to blockchain-monitoring service Whale Alert, which was also the first to spot the transaction, the mysterious account moved 3,484,812,794,902 SHIB in a single transaction.

Axie Infinity price eyes 30% gain as investor interest for AXS grows

Axie Infinity price (AXS) has been recording higher highs and higher lows since the first week of March as the bulls maintain the lead. The price action has set AXS to consolidate along an uptrend line delivering more gains for investors. If the trajectory maintains, the metaverse token could soon breach a critical resistance into an expanse where traders could rake in more profits.

Bitcoin price pulling back after a 50% rally means this for the crypto market

Bitcoin price has gained significantly throughout the last couple of weeks, but by the looks of it, the green candle streak might be coming to an end. On-chain data highlights that while on the surface, the crypto market is still bullish, signs of potential selling are becoming evident when delved deeper.

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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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Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.