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Cryptocurrencies Price Prediction: VeChain, Polygon & Ethereum — Asian Wrap 19 July

VeChain price sees opportunity for a 17% jump before facing risk of further correction

VeChain price looks ready for a leg up as the bulls have been awakened. VET appears to be primed for a short-term trend reversal before it faces further challenges that could hinder the asset’s long-term outlook. VeChain price is aiming for a rebound after setting a new monthly low at $0.0633. VET has continuously recorded lower lows and lower highs since June 29, unable to galvanize investors’ enthusiasm. 

MATIC price prepares for a 25% upswing with minimal obstacles ahead

MATIC price appears to be finished consolidating for the time being. Polygon is ready for a trend reversal to the upside as it has set a possible bottom. MATIC price formed a symmetrical triangle pattern that emerged on June 21, which lasted until the breakout to the downside on July 8.

Ethereum Price Forecast: ETH needs to secure critical level before targeting $2,300

Ethereum price has been consumed with indecision, as ETH has been printing a chart pattern that indicates indecision. Despite the lack of decisiveness, the cryptocurrency appears to be ready to shift price action to the upside.

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FXStreet Team

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.

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