Chainlink, Axie Infinity & Polygon — Asian Wrap 11 Nov

Chainlink price action sent bulls and bears into a tails spin during the Wednesday trading session. After hitting new five-month highs, Chainlink gave up most of the double-digit percentage gains. The drop was a perfect combination of technicals leading fundamentals.


Axie Infinity price continues to press higher and create new all-time highs. Some short-term profit-taking is expected, but buying is expected to return to rally Axie Infinity to highs that could double Axie Infinity above its current $150 trading range.

MATIC price may be nearing the end of its pull-back after reaching the new multi-month highs back in late October. Buyers have stepped in to support MATIC and could surprise a lot of new short sellers. MATIC price has a theoretical long trade setup ahead.

Read Full Article

Latest articles

Macro Guru Raoul Pal Betting on Bitcoin, Ethereum and Nine Additional Altcoins – Here’s His Current Crypto Portfolio

Real Vision chief executive Raoul Pal is revealing most of his crypto portfolio for public viewing. In a new interview with Thinking Crypto, the...

Puerto Rico wants to combat corruption with blockchain technology

Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology.Puerto Rican House...

FTX.US’s NFT Platform Finally Supports Ethereum-Based NFTs By BTC Peers

FTX.US's NFT Platform Finally Supports Ethereum-Based NFTs The FTX.US NFT platform has announced that Ethereum-based nonfungible coins are now supported. In addition, FTX.US announced...

Visa Launches Crypto Advisory Services for Banks as Demand for Digital Assets Grows

In a recent study conducted by Visa, 18% of global participants revealed they would be likely or very likely to switch their primary...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here