Cryptocurrencies Price Prediction: Polygon, Litecoin & Solana — Asian Wrap 17 May [Video]

FXStreet Team FXStreet

Is Matic price setting up a bear trap? Subtle cues hint at a $2.10 target

Matic price could surprise the crypto market as the Polygon ecosystem could be prepping for a massive rebound to $2.10. MATIC price could be the "sleeper" coin within the crypto market as the price action displays distinct differences from most other coins in the space.

Litecoin price targets $33 as UK Inflation report induces more sell-offs

Litecoin price action is prepping for more decline as multiple indicators hint at newfound bearish power. Litecoin price has printed a large bearish engulfing candle on the weekly chart. If market conditions persist, the Litecoin price could continue in a free-fall decline.

Why Solana price will struggle to return to $100

Solana price made some significant gains from its new nine-month and 2022 lows last week. However, the bounce from the lows has been somewhat muted compared to Bitcoin and the broader altcoin market. Sideways price action is likely while market participants digest last week's flash crash.

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Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe rally on Venezuela’s shadow BTC reserve

Meme coins such as Dogecoin, Shiba Inu, and Pepe are leading the cryptocurrency market rally driven by the US cross-border operation to capture Venezuelan President Nicolás Maduro. Dogecoin extends its gain for the fifth consecutive day while SHIB and PEPE take a pause.

Cardano Price Forecast: ADA breaks above falling wedge, upside constrained by geopolitical risks

Cardano (ADA) steadies above $0.40 at the time of writing on Monday after a decisive close above the falling wedge pattern in the previous week. The derivatives market supports improving sentiment, with ADA’s Open Interest rising and long bets increasing among market participants.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bulls firmly in control as BTC breaks $93K, ETH and XRP extend gains

Bitcoin, Ethereum, and Ripple extended their rallies on Monday, gaining more than 4%, 6%, and 12%, respectively, in the previous week. The top three cryptocurrencies by market capitalization could continue to outperform, with bulls in control of the momentum.

Top Crypto Gainers: Brett, Bonk, Dogwifhat – Meme coins rally amid US-Venezuela tensions

Meme coins, including Brett (BRETT), Bonk (BONK), and Dogwifhat (WIF), lead the crypto market rally with double-digit gains over the last 24 hours following the US capture of Venezuelan President Nicolás Maduro on Saturday. Technically, meme coins could extend gains as bulls maintain firm control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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