Cryptocurrencies Price Prediction: Cardano, Ethereum & Polygon — Asian Wrap 04 July
Why Cardano price is set to collapse during summer
Cardano (ADA) price sees a rapid danger nearing from above as a technical bearish element pushes a squeeze on price action to the downside. Expect with that pressure mounting, bulls to get pushed with their backs against the wall near $0.415.
Why markets should forget about $1,000 in Ethereum and prepare for $600
Ethereum (ETH) price is frustrating traders trying to target any break below $1,000 to catch the price action and be part of a rally that will swing them back to all-time highs into next year. However, that is not how it works in trading, and certainly not in cryptocurrencies.
Why Polygon's MATIC is not yet set to switch to an uptrend
Polygon's price is set to close the week out with a loss but refrains from returning to lower levels. MATIC price sees a fade unfolding as bulls take short-term profit. With the summer starting, expect lower volumes and bigger price jumps on the back of that.
Author
FXStreet Team
FXStreet
