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Cryptocurrencies Price Prediction: Solana, Shiba Inu & Axie Infinity — Asian Wrap 02 Feb

Solana price could break resistance and hit $144

Solana price has shown some evidence of a strong recovery, holding the $90 value area as a primary support zone and then returning to the $100 level. Bulls have extended their run and targeted the $110 level – but a stiff resistance zone could halt any further upside potential in the near term.

Shiba Inu price consolidates before SHIBA enters a new bull market

Shiba Inu price may soon see an end to the consolidation and lower swing lows it has experienced since October 2021. Last week’s candlestick was a bullish hammer, giving many traders the signal needed to convert to the long side of the market.

Axie Infinity hits key milestone post governance token launch with nearly 100,000 Axies sold

Axie Infinity hit a key milestone with the release of 97,556 Axies. Analysts have a bullish outlook and believe that Axie Infinity could continue its uptrend. Axie Infinity recently hit an important milestone with the release of nearly 100,000 Axies. 

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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.