Cryptocurrencies Price Prediction: Shiba Inu, Polygon & Bitcoin – American Wrap 29 June

SHIB Price Prediction: Shiba Inu ready to pop to $0.00001 by the end of this week

Shiba Inu is set to jump higher in a technical push towards $0.00001. Thanks to Bitcoin, SHIB is in the slipstream of the positive news in the major cryptocurrencies. Overall risk-on sentiment in the markets, with specifically Nasdaq higher, helps to lift SHIB. Shiba Inu is set for a run higher towards $0.0000093 as the first point of resistance in the rally. After that, the $0.00001 level is in sight. 

Why MATIC could enter a new bear market

MATIC price had been a relative strength leader in the cryptocurrency complex. Still, lately, the failure to hold key technical levels has raised the probability of a weaker price in the medium term. The overhang of key points of resistance coupled with a bearish pattern suggests that Polygon investors will not be rewarded with better profit outcomes.

Uniswap Price Analysis: UNI strengthens, but still not time to fasten the seatbelts

Uniswap price has climbed almost 40% from the June 22 low and seized the opportunity of an oversold reading on the twelve-hour Relative Strength Index (RSI) to slingshot above a longstanding trend line beginning on May 14. If UNI can close above the trend line on a daily basis, there is a potential for the altcoin to charge higher, but there is still more to prove.