|

Cryptocurrencies Price Prediction: Polygon, Dogecoin & Ethereum — Asian Wrap 15 June

MATIC price falls “penny from Eiffel” style and won't stop until this level is reached

Polygon Network's MATIC price shows "continuation of trend" like signals on higher time frames. MATIC price is this week's heartbreaker amongst the digital currencies, as the layer 2 token shows no remorse. The bearish downtrend has been violent.

Why Dogecoin price is sparking serious interest amongst investors

Dogecoin price should be on everyone’s watchlist as the technicals indicate a significant level in play, which warrants the idea for a highly volatile market in the coming weeks. Dogecoin price first anomalous signal is the recent breach of a historical trend line, which has been highly anticipated for months here at FXStreet.

This is the main reason why analysts are concerned about Ethereum price

Ethereum price nosedived as bears chased $1,000, analysts predict further decline in the altcoin. A researcher at the Ethereum Foundation sounds alarms as Lido passes one-third of Ethereum staking. Experts warn Ethereum holders after a major squeeze comprising $100 million liquidity pushed ETH price 20% lower on Uniswap. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple remains range-bound above key support

Ripple holds firmly above the $1.00 near-term support at the time of writing on Monday. The remittance token’s upside is capped under key descending moving averages, undermining the broader technical outlook.

Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflows

Cryptocurrency prices are gaining traction on Monday, with Bitcoin trading above $65,000, Ethereum holding the near-term $1,900 support and Ripple hovering above the critical $1.00 demand zone. The broad recovery comes amid capital inflows through US-listed ETFs.

Worldcoin advances on Eightco buying, firm retail demand

Worldcoin is up 12% so far on Monday, advancing the mild gains from the previous day. Eightco Holdings reported that it holds 302 million WLD tokens, worth roughly $96 million, indicating steady institutional interest, with retail demand holding firm as Open Interest is up 15% in 24 hours.

Bitcoin: Bulls regain ground as BTC reclaims $65,000 

Bitcoin holds above $65,000 at the time of writing on Monday, after recovering more than 2% last week, with bulls finding support around the 200-week Simple Moving Average. Strong spot Exchange Traded Funds inflows point to renewed institutional demand.

Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.