Cryptocurrencies Price Prediction: Polygon, Stellar Lumens & Polkadot — Asian Wrap 31 Mar

FXStreet Team FXStreet

MATIC price is still in an uptrend towards $2.00, but traders should be aware of these factors

MATIC price could be showing early signs of a pause in the uptrend. Traders should watch Thursday's closing candle before making any longer-term decisions. MATIC price has enjoyed a 12% rally this week.

Stellar Lumens price has a high chance of falling between 10-18% from $0.23

Stellar Lumens price is showing bearish divergence on the 12-Hour Chart. XLM has strong Fibonacci retracement levels up to 18% below the current price. An invalidation will be a settlement candle above $0.26

Polkadot price looks unstoppable as it marches towards $100

Polkadot price action is close to completing the first clear bullish reversal in over five months. DOT remains one of the most lagging major market cap cryptocurrencies. Major bullish reversal Point and Figure pattern still in play.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.