fxs_header_sponsor_anchor

Cryptocurrencies Price Prediction: Dogecoin, Cryptos & Litecoin – American Wrap 16 May

Polygon investors’ activity stumbles as MATIC price crashes by 30% in a month

MATIC price has witnessed the lower ranges of March over the last month and is currently on the way to potentially test year-to-date lows. The fear of this happening has left investors paranoid, resulting in their pull back from the network. This maneuver will end up playing in their favor as the altcoin is exhibiting signs of recovery.

Dogecoin and Shiba Inu have more gas in the tank, PEPE fails to make an impact on traders

Shiba-Inu-themed meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) faced intense competition from PEPE meme coin, inspired by the “Pepe the Frog” meme. PEPE yielded 1,200% gains for holders between May 1 and 8, driving the token’s popularity and interest from participants in the crypto community.
Litecoin (LTC) price is set to make a stellar move this week as bulls have been jumping into the price action since Monday. With heavy buying underway, bulls have already reached the first significant cap at $90 with the big psychological figure and the 55-day Simple Moving Average (SMA) at hand. When bulls can make their way through here, not much is in the way for it to extend all the way up to $104.
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.