Cryptocurrencies Price Prediction: Stellar Lumens, Ethereum & Polygon — Asian Wrap 1 Nov
|XLM price gears up for 15% ascent as Stellar cheers bull cross
Stellar Lumens (XLM/USD) is consolidating its latest rally to nine-day highs of $0.397 on Sunday, as bulls await a fresh impetus for the next leg higher. XLM price is resuming the recovery momentum from two-week troughs of $0.309, snapping Saturday’s brief pullback. Stellar price is higher by 6% on the day, currently trading at $0.3820, shrugging off the mixed performance across the crypto market.
Ethereum price readies for lift-off towards $4900 amid bull flag breakout
Ethereum, the no.2 widely traded cryptocurrency, is picking up fresh bids above $4300, reversing a temporary reversal seen on Saturday. ETH price saw a brief correction from all-time highs of $4462 a day before, although the bulls are back in the game amid the ongoing optimism surrounding the Ethereum 2.0 Altair Beacon Chain update, which was done successfully with 98.7% of nodes upgraded as of early Friday.
MATIC price needs to crack this barrier as Polygon bulls continue targeting $3
MATIC price is looking to resume its bullish momentum on Sunday, pausing its two-day corrective declines from five-month highs of $2.31. The token’s rally in the October series could be associated with Polygon’s announcement that it received its first Insurer - Tidal Finance.“ The uptick in RSI above 50.00 remains in favor of MATIC buyers.
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