Cryptocurrencies Price Prediction: Bitcoin, Cardano and Polygon – European Wrap 20 June

FXStreet Team FXStreet

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.

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FXStreet Team

FXStreet

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XRP recovery may stall above support as weak on-chain metrics reinforce bearish outlook

Ripple (XRP) shows subtle signs of recovery above $1.05 on Tuesday, with the move to around $1.07 ending three straight days of losses amid a pressured broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP extend sideways trading amid ETF outflows, US-Iran war escalation

Bitcoin hovers around $62,500 amid prevalent sideways trading. Meanwhile, major altcoins such as Ethereum and Ripple are holding above crucial support levels at $1,700 and $1.05, respectively, reflecting ongoing consolidation across the crypto sector.

Curve DAO tests breakout rally as bulls target over 15% upside

Curve DAO price is up 4% on Tuesday, extending its 3% gains from the previous day to emerge as the best-performing altcoin over the last 24 hours. On-chain data shows waning selling pressure as supply available on exchanges declines, while top holders increase their exposure amid rising supply in profit.

Bitcoin Price Forecast: Geopolitical tensions, ETF outflows keep BTC under pressure

Bitcoin remains under pressure, trading at $62,600 on Tuesday after slipping over 2% in the previous day. The bearish bias is further fueled by renewed geopolitical tensions between the US and Iran, which have dampened risk appetite.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.