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Cryptocurrencies Price Prediction: Polygon, Tezos & Bitcoin — Asian Wrap 07 July

Cryptocurrencies Price Prediction: Polygon, Tezos & Bitcoin — Asian Wrap 07 July
FXStreet TeamFXStreet TeamFXStreet

Polygon’s MATIC is due for a massive uptrend unless this happens

Polygon’s MATIC price continues to display optimistic signals. Being an early bull is justifiable as the invalidation level is clear. Polygon’s Matic price could rally towards $1.00 in the coming days. From June 18 to June 24, the bulls accomplished a 90% rally.

Tezos' XTZ price bottomed last time this happened, is history set to repeat?

Tezos price has seen an 83% decline since the all-time highs at $9.14 back in October 2021. The bearish strength is prevalent within the technicals, as the bulls have been unable to retrace at least 50% of each subsequent decline.  

Goldman Sachs entry into the Bitcoin futures market signals Armageddon

Bitcoin price shows technical reasons to believe in one more decline. Goldman Sachs’ entrance into the crypto market is a strong indication of a big move to come. Invalidation of the bearish downtrend is a break and close above $21,868.

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FXStreet Team

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