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Chainlink, Axie & Polygon — Asian Wrap 18 Nov

cryptonews100_tggfrn by cryptonews100_tggfrn
November 18, 2021
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Chainlink price needs to break one barrier to enter triple-digit territory – FXStreet
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Chainlink worth motion faces elevated profit-taking and broader market uncertainty. A drop beneath the bear flag has been halted at a robust assist zone. A zone that should maintain or Chainlink may face a swift descent to $20. Chainlink worth is pitted in opposition to a strong inflection level on the $29 degree.

Axie Infinity worth stays among the finest performing cryptocurrencies of 2021. Its all-time excessive of $166 was shaped final week and now faces profit-taking and a pullback. Axie Infinity worth motion is similar to Bitcoin’s and Ethereum’s present worth motion.

 

MATIC worth continues to push decrease, going through the identical weak spot affecting the broader cryptocurrency market. Vital assist zones exist beneath, however failure to carry that assist may set off a sell-off. MATIC worth carried out a really bearish worth motion occasion final week by returning contained in the rising wedge.

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