Cryptocurrencies Price Prediction: Bitcoin, Cardano and Polygon – European Wrap 20 June
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets recover from weekend bloodbath but not for long
Bitcoin price has shown incredible elasticity after it snapped back after dipping below a stable support level. This quick but small recovery has caused some altcoins – not Ethereum and Ripple – to bounce massively. Synthetic (SNX) price has rallied 121% over the last day or so.
How will ADA price react to Cardano’s Vasil hard fork delay?
Cardano price has been hovering above a stable but intermediate support level since May 13. This range tightening suggests that a breakout move is around the corner. While the technicals remain range bound, there seems to be tensions around the Vasil hard fork and rumors that it could be delayed.
Polygon’s MATIC price at risk of further downside despite recent rebound
Polygon (MATIC) price is set to fall to a historically important low projected at $0.269. In the aftermath of the seismic shock which sent Bitcoin tanking massively over the weekend, MATIC price could be next to suffer from the spillover effect. Buying the dip must be done cautiously, with clear stop losses and good trade management, or otherwise, the position will be at risk of getting burned.
Author
FXStreet Team
FXStreet
Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
