Polygon, Dogecoin and Ripple – European Wrap 18 July [Video]

MATIC price has been in an uptrend since July 13 and is close to doubling. It is close to facing two significant barriers that risk bringing the move to a halt. A flip of the immediate hurdle will indicate a continuation higher, but a breakdown of a horizontal support level will invalidate the bullish thesis.

Dogecoin price is revealing an interesting development that paints a picture of what will happen next. Investors need to pay close attention to Bitcoin price as it has the power to undo this bullish signal for DOGE.

SHIB/USDT 4-hour chart

A brief technical and on-chain analysis on a few cryptos. Here, FXStreet’s analysts evaluate where some of the hottest cryptos on the market could go next.