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Cryptocurrencies Price Prediction: Polygon, Bitcoin & Avax — Asian Wrap 26 Nov

MATIC price to provide opportunity to accumulate before Polygon rallies 30%

MATIC price looks ready for a correction as a potential swing high seems to be forming. This development could lead to a correction that will allow sidelined buyers to purchase Polygon at a discount and kick-start a quick run-up. MATIC price rallied 30% over the past four days from $1.52 to $1.96.

Bitcoin network surpasses PayPal in volume processed, eyes overtaking Mastercard next

The world’s oldest decentralized cryptocurrency network, Bitcoin has already surpassed PayPal in terms of volume processed by dollar value. According to a recent report, the BTC network processed nearly $500 billion per quarter this year. Since the flagship cryptocurrency’s inception in 2009, the network has grown tremendously, processing billions of dollars in transactions daily. 


 
AVAX price to set new highs at $170 as Avalanche prepares for lift-off

AVAX price has seen a massive upswing over the last month, pushing its market value into the triple-digit territory. While Avalanche undergoes a short-term retracement, the upside is likely to improve if the bulls hold critical levels. A breakdown of the $97.38 support level will invalidate the bullish thesis.

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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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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.