Cryptocurrencies Price Prediction: Polygon, SafeMoon and Dogecoin – European Wrap 8 June

FXStreet Team FXStreet

MATIC Price Prediction: Polygon suffers setback but bulls hint at potential reversal

MATIC price suffered a setback as it sliced through the equilibrium point and continued its descent. A bounce from the immediate support seems to have originated, but the chances of a down move are still present.

SafeMoon Price Prediction: SAFEMOON hints at an 18% upswing

SafeMoon price dropped below a crucial supply barrier as the markets tumbled on June 7. If the flagship cryptocurrency makes a comeback, investors can expect SafeMoon to follow suit.

Dogecoin price consolidation could result in a downswing to $0.23

Dogecoin price has slumped lower in the past few days, reaching $0.31. Although DOGE is still up by over 55% from its low amid the market crash recorded on May 19, the meme coin has failed to find strength.

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Dash Price Forecast: DASH defies headwinds, paces toward $100

Dash extends its rally, reaching an intraday high of $96.85 despite the broader crypto market correcting. Retail interest in DASH explodes as futures Open Interest soars to $165 million.

XRP slides below 50-day EMA as selling pressure intensifies

Ripple is edging lower toward the pivotal $2.00 level at the time of writing on Friday, marking three consecutive days of declines. The sell-off extends across the crypto market, with Bitcoin falling toward $95,000 and Ethereum pressing down on support at $3,300.