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Cryptocurrencies Price Prediction: Chainlink, Polygon & Dogecoin — Asian Wrap 09 Dec

Cryptocurrencies Price Prediction: Chainlink, Polygon & Dogecoin — Asian Wrap 09 Dec
FXStreet TeamFXStreet TeamFXStreet

Chainlink hits market bottom as LINK target key resistance level at $26

Chainlink price was not immune to the selling pressure over the weekend. Chainlink was already down 39% from its most recent swing high in November, but it extended that loss to 50% on Saturday. LINK has, since then, recovered all of the weekend losses. $26 is the next critical resistance zone for bulls to tackle.

MATIC continues to march higher with $3 in sight

MATIC price action has certainly been some of the most dramatic post flash crash. Multiple vigorous attempts by short-sellers to push MATIC lower have all failed and have led to MATIC pushing towards new all-time highs. MATIC price action, in case you missed it, has gained over 66% from its flash-crash lows.

Dogecoin bears leave the scene as DOGE rises towards $0.24

Dogecoin price holds steady near the $0.18 value area, halting any further downside movement. Buyers appear to be showing up and preparing Dogecoin for a big launch higher. Dogecoin price action has been a cause of concern for many bulls and long-term hodlers after the Saturday flash-crash.

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FXStreet Team

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.

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