Cryptocurrency Value Prediction: Polygon, Shiba Inu & Ripple – Asian Wrap June tenth – FXStreet
MATIC price prediction: polygon stand for a 70% rally
The MATIC price today defies the remarkable Bitcoin price strength. Instead, Polygon is flat at the time of writing, showing a lack of confidence in the leading cryptocurrency’s rally. As long as support for the 50-day SMA remains active, MATIC price should be positioned to resume the rise from the May 23rd low.
Three reasons the Shiba Inu price might be ready to rebound
The decline in Shiba Inu price has not been offset by increasing volume, suggesting that it is not token-specific. ShibaSwap decentralized cryptocurrency exchange (DEX) in test mode, which will be released to the public shortly. The social volume stabilizes during a further phase of price weakness.
XRP price increase due to critical support notices in a 20% rally
XRP price built a bullish hammer candlestick pattern yesterday as the cryptocurrency complex saw a new wave of selling pressure. Today, Ripple is keen to continue the rebound, but it takes a daily closing price above the hammer high to trigger a unique trading opportunity for investors.