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Cryptocurrencies Price Prediction: Terra, Shiba & Polygon – American Wrap 27 June

Terra’s LUNA price finally shows the buy signal you’ve been waiting for

Terra’s LUNA price has investors enthralled as the LUNA price has suddenly risen from the shackles it has been held captive by. Throughout the entire third week of June, the bulls saw no hope as the LUNA price traded tortoise-like just below the $2.00 barrier. Now the bulls have breached the psychological barrier and are displaying a subtle turn in the market that could trigger a FOMO-induced rally.

What’s next for Polygon’s MATIC price after rallying 90%

Polygon’s MATIC price coils just below a triangular barrier that sent the digital asset into the low $0.30 zone during the third week of June. Since the low of $0.316, the bulls have managed to recover 90% of losses, trotting impulsively through the $0.30, $0.40, and $0.50 levels.  On Monday, June 27, the MATIC price trades at $0.571 as a profit-taking consolidation ensues after the bulls briefly pierced the $0.60 cent barrier on the 8-hour chart.

Everything you need to know about Shiba Inu’s Ryoshi Vision rewards before June 29

ShibaSwap, the native decentralized exchange of the Shiba Inu coin project, announced the distribution of Ryoshi Vision rewards within the next 48 to72 hours from June 26, 2022. ShibArmy will soon receive passive income from the Shiba Inu burn portal. 

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.