Cryptocurrencies Price Prediction: Polygon, Polkadot & Bitcoin — Asian Wrap 05 Oct

MATIC Price Prediction: Polygon bulls ready for new all-time high at $3
MATIC price has been consolidating since it set up a swing low on April 19. This coiling up phase comes after Polygon took off exponentially. Going forward, investors can expect a similar run-up due to the formation of a bullish continuation pattern.
Polkadot price develops bearish divergence, hinting at 22% drop
Polkadot price is nearing an inflection point. Like a majority of the cryptocurrency market, Polkadot has paused after experiencing a massive rally. At first glance, Polkdadot appears to be in very favorable buying conditions. However, not all is as it may seem.
Bitcoin positions for bullish breakout as the road to $70,000 becomes more clear
Bitcoin price has experienced a massive rally throughout the last couple of days of September and the beginning of October. A nearly 20% gain from the September 29th low to the weekend high has generated substantial interest and expectations to a new bullish breakout for Bitcoin.
Author

FXStreet Team
FXStreet







