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Cryptocurrencies Price Prediction: Litecoin, Polkadot & Yearn.Finance – American Wrap 1 February

Cryptocurrencies Price Prediction: Litecoin, Polkadot & Yearn.Finance – American Wrap 1 February
FXStreet TeamFXStreet TeamFXStreet

Litecoin Price Prediction: LTC is on the brink of a massive breakout to $180 as whales go into buying spree

Litecoin has been trading downwards since its peak of $185 on January 10 but has established a robust support level at $122. The digital asset seems to be on the verge of a breakout as several metrics have turned positive for LTC. 

Polkadot price might need to see a strong 20% pullback before resuming uptrend

Polkadot had one of the best performances in 2021 reaching rank fourth above XRP with a market capitalization of $16 billion. Although DOT already had a significant pullback from its all-time high price of $19.4, the digital asset could be bounded to fall lower.

Yearn.Finance Price Analysis: Only this crucial level separates YFI from reaching $40,000

YFI is currently trading at $30,000 and has been moving sideways for the past week. It seems that one crucial resistance level is separating Yearn.Finance from a massive breakout towards a high of $40,000.

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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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