Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Polygon — Asian Wrap 21 June

FXStreet Team FXStreet

Ethereum Price Prediction: ETH presents buy signal, targeting $2,500

Ethereum price was held by the $2,000 support level after a steep correction. As long as this demand barrier holds, ETH could rebound to $2,500. The Tom DeMark Sequential indicator adds credence to the bullish outlook.

Shiba Inu price stagnant unless it breaks this crucial resistance barrier

Shiba Inu price continues consolidating within a descending parallel channel. The mem-coin is currently stuck within two critical price points. A candlestick close outside of the $0.0000086-$0.000005 range will determine where SHIB is heading next.

MATIC price primed for prompt recovery, Polygon bulls target $2.40

MATIC price seems bound for a bullish impulse. After dropping by more than 25% in the past five days, Polygon presents a buy signal. A spike in buying pressure could see this cryptocurrency rise to $1.45 or $1.60.