XRP price faces stiff resistance ahead. Only a 4-hour candlestick close above $1.18 could see Ripple target $1.30. Failing to do so could see it retrace to $0.84. XRP price continues consolidating without providing a clear signal for where it is heading next. Two significant barriers could define Ripple’s fate.
Ethereum price is trying to slice through a significant supply barrier. If successful, ETH could rise by 25% toward $3,400. However, a rejection from the overhead resistance may lead to a downswing to $2,100. Ethereum price looks primed to retrace as the overhead resistance seems to have the strength to trigger a rejection.
MATIC price is currently positioned at the apex of the cryptocurrency complex, despite a plunge of 75% in May. The extraordinary rebound of 230% from the May low and the developing cup-with-handle base has positioned Polygon with the relative strength and price structure to reach a new high in the coming days.