Cryptocurrencies Price Prediction: Ethereum Classic, Polygon & Bitcoin – American Wrap 16 August

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC and ETH to correct 10% as Ripple reaches escape velocity

Bitcoin price and Ethereum meet transition points for the July rally as pivotal Fibonacci levels emerge as formidable resistance. XRP price pauses, but it probably will not be for long.

MATIC price joins the frenzy for altcoins, but Polygon flashes a new warning signal

MATIC price has struck considerable resistance around $1.50 after a pair of explosive sessions on August 11 and August 13, culminating in the best weekly performance since May. The Polygon outlook remains constructive, but the appearance of a bearish momentum divergence on several timeframes suggests that a test of the 50% retracement level at $1.75 may have to wait.

Ethereum Classic Price Prediction: ETC exposed to a 15% slump before resuming rally

Ethereum Classic price logs fourth consecutive positive week for the first time since April 2020 (another low). ETC daily Relative Strength Index (RSI) records the first overbought reading since May, showing the impulsiveness of the rally. ETC social media dominance has remained unchanged at 2% since July 21, despite a rally of over 80%.

 

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