Cryptocurrencies Price Prediction: Matic, Binance Coin & Ethereum Classic — Asian Wrap 05 May


MATIC Price Prediction: Polygon correction near completion, primed for a rebound

MATIC price decline since the April 29 high at $0.946 has taken a corrective form, and it is near completion, touching the trough of the rising wedge pattern at $0.675. Volume profile does not reveal an eager desire to liquidate or cut holdings.


 
Binance Coin Price Analysis: BNB poised for a 35% upswing

Binance Coin price testing symmetrical triangle breakout during weak day. Daily Relative Strength Index (RSI) now displays a bearish momentum divergence. BNB market capitalization briefly crosses $100 billion milestone, joining Bitcoin and Ethereum.

 

Ethereum Classic Price Forecast: ETC explodes to new record highs

Ethereum Classic price is up 39% this week at the time of writing and is inching towards the 161.8% Fibonacci extension of the 2018 bear market. Due to the extended condition, price progress will be limited in the short term with a high probability consolidation.

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Dogecoin plans to retest all-time highs

Dogecoin price is showing a clean bounce off a critical support area, indicating a resurgence of buyers. The upswing could propel the meme-themed cryptocurrency toward its range high.

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SafeMoon Price Prediction: SAFEMOON looks to reset after massive rally

SafeMoon price experienced an explosive run-up on Tuesday after an extended pullback. Now, SAFEMOON looks primed for another retracement after creating a new local top.

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Top six cryptocurrencies under $2 that overtake Bitcoin

Bitcoin price has been surging so quickly in the past few years, reaching a high above $64,800. With the rising popularity of decentralized finance (DeFi) and altcoins, many investors consider other cryptocurrencies that may provide better upside and a lower entry price. 

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Litecoin could drop lower, but overall structure remains bullish

Litecoin price shows a bearish bias that could result in a sell-off to a pivotal support barrier. A bounce from this level seems likely to push LTC to retest its recent swing high.

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

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