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Solana, Axie Infinity Price Analysis: October 5, 2021

source-logo  coingape.com 06 October 2021 04:55, UTC
  • Solana drops under $160, support marked by the 61.8% Fibonacci level as declines linger toward $150.
  • Axie Infinity embraces support at $120, while a daily close above $130 will pave the way for a formidable recovery.

Cryptocurrencies inched a notch higher on Tuesday, with Bitcoin retuning above $50,000 for the first time since early September. Ethereum lifted above $3,500 but still lags action to $3,600. Similarly, Dogecoin came out of slumberland following several failed attempts; the meme-based coin currently trades above $0.25.

coingape.com