Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Polygon – European Wrap 3 October
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets could trap bears soon
Bitcoin price seems to be consolidating and forecasts a tiny rally as it approaches the lower limit of the ongoing range tightening. This development could see altcoins, including Ethereum and Ripple, trigger a quick run-up as well.
Dogecoin Price Prediction: DOGE to revisit $0.65 to rebalance inefficiency
Dogecoin price underwent a tight consolidation between September 28 and 30, which eventually resulted in an explosive move up that collected the buy-stop liquidity resting above the September 27 swing high. This move quickly ran out of steam, however, and was followed by a reversal that knocked DOGE down to retest the aforementioned equal lows.
Polygon price fluctuates in pennant rage, with bearish breakout on the horizon for MATIC
Polygon (MATIC) price gets underpinned this Monday morning as markets find themselves rattled yet again at the start of the trading week. Effects are rippling as the UK chancellor, Kwasi Kwarteng, makes a U-turn on a sensitive element of his budget proposal after heavy criticism from both the US and even the IMF. With the pound sterling strengthening a bit, triggering some dollar weakness, cryptocurrencies are benefiting from the weakness in the dollar, triggering a few modest gains.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.