Worth Prediction for Cryptocurrencies: Bitcoin, Cardano & Axie Infinity – Asian Wrap 06 Jan [Video] – FXStreet

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Bitcoin price action shows that some very bearish price action could be imminent soon. Both the Japanese candlestick charts and two point-and-figure charts show downside dangers – but seller follow-up is necessary and has yet to be done.

Cardano’s price action continues to struggle to advance to higher valuations. ADA has spent 19 weeks in a downward trend from its recent all-time highs of September 2021. However, the bullish momentum could return very soon.

Sky Mavis, the developers of Axie Infinity, recently revealed land games that are currently in development. Axie Infinity announces seasonal rewards for those who finished the game in the first 1000. Analysts have an optimistic outlook on the price of Axie Infinity despite the planned staking rewards reduction.


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