Bitcoin price action shows evidence that a bottom may be forming, denying bears any further movement lower. Ethereum price has developed a ridiculously extended hidden bullish divergence condition on its weekly chart, warning of an imminent bullish reversal. XRP price hammered with two major short setups, but sellers failed to push XRP lower.
Shiba Inu price has been in a clear downtrend for several months, with little in the form of any reprieve. However, bulls are likely to take over very soon and create an intense short squeeze that could rally SHIBA to levels not seen since October 2021.
MATIC price is in a tough spot due to its upswings in the last week of December 2021. Although Polygon could see an uptrend, the bulls will face an extremely resilient resistance barrier that will likely stop Polygon dead in its tracks.
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