|

Cryptocurrencies Price Prediction: Polygon, SafeMoon and Dogecoin – European Wrap 8 June

MATIC Price Prediction: Polygon suffers setback but bulls hint at potential reversal

MATIC price suffered a setback as it sliced through the equilibrium point and continued its descent. A bounce from the immediate support seems to have originated, but the chances of a down move are still present.

MATIC/USDT 4-hour chart

SafeMoon Price Prediction: SAFEMOON hints at an 18% upswing

SafeMoon price dropped below a crucial supply barrier as the markets tumbled on June 7. If the flagship cryptocurrency makes a comeback, investors can expect SafeMoon to follow suit.

SAFEMOON/USDT 4-hour chart

Dogecoin price consolidation could result in a downswing to $0.23

Dogecoin price has slumped lower in the past few days, reaching $0.31. Although DOGE is still up by over 55% from its low amid the market crash recorded on May 19, the meme coin has failed to find strength. 

DOGE/USDt 1-day chart

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.