Cryptocurrencies Price Prediction: VeChain, Polygon & SafeMoon — Asian Wrap 24 Nov
VeChain price presents buy opportunity before VET hits $0.20
VeChain price downside risk remains elevated, but oversold readings in the oscillators indicate that risk is limited. A strong bullish entry opportunity would likely return VeChain to a push towards new all-time highs. VeChain price has two trade setups on its $0.001/3-box Reversal Point and Figure Chart.
MATIC price forms bear trap as Polygon heads to $2.6
MATIC price remains inside a broader rising wedge pattern on its candlestick chart and has struggled to find support. However, the Point and Figure chart shows that a move above $1.70 could trigger some intense buying pressure and deny bears their selloff.
SafeMoon finds support floor, poised for a move to $0.000040
SafeMoon price is currently down by more than 57% from the all-time high it made back on October 29th. Some hints of price stabilization against Senkou Span B could trigger intense buying pressure. If not, an extensive dive south is likely. SafeMoon price is currently at a make or breakpoint.
Author
FXStreet Team
FXStreet
