Axie Infinity, Ape Coin & Solana — Asian Wrap 24 August

Axie Infinity price hints at an upcoming sell-off that investors should be aware of. Axie Infinity price currently trades at $14.71. A very strong bearish engulfing candle has presented itself as a result of the crypto sell-off that occurred on Friday, August 19. 

ApeCoin price shows bearish technicals in both the short term and the medium term. APE price displays concerning signals that long-term investors should be aware of. Since August 3, the Ethereum-based NFT token has lost 30% of its market value.

Solana price shows optimistic market sentiment, but the technicals have not yet reacted. Solana price currently auctions at $35.44, 85% lower than its all-time high at $258. During August, the centralized smart contract token witnessed a 26% increase before the bears came back into the market to reject the price.