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

FXStreet Team FXStreet

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.

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FXStreet Team

FXStreet

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Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin extends its decline as risk-off sentiment dominates across the crypto market. DOGE’s derivatives market remains weak amid suppressed futures Open Interest and perpetual funding rate.

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.