{"id":15573,"date":"2022-05-02T13:31:58","date_gmt":"2022-05-02T13:31:58","guid":{"rendered":"http:\/\/egrowonline.com\/?p=15573"},"modified":"2022-05-02T13:31:58","modified_gmt":"2022-05-02T13:31:58","slug":"polygon-dogecoin-and-bitcoin-european-wrap-2-may","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=15573","title":{"rendered":"Polygon, Dogecoin and Bitcoin \u2013 European Wrap 2 May"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<p>Polygon (MATIC) price has been on a risky drop towards $1.00 over the weekend. Although it was expected that on Saturday, a turnaround would occur, traders instead saw a continuation of the dollar strength squeeze, and investors turning their backs on risk assets. A turnaround got triggered on Sunday, however, as the Relative Strength Index (RSI) dropped into oversold territory and made bears take their profit and close their short positions, spelling a turnaround in MATIC price back up to $1.312.<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"MATIC\/USD\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/MATICUSD_2022-05-02_08-54-01-637870753079861245.png\" \/><\/p>\n<p>Dogecoin price showed massive promise last week after an impulsive uptrend. However, the subsequent selling pressure has caused DOGE to retrace lower, delaying its breakout and hence the rally.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/DOGEUSDT_2022-05-02_14-55-14-637870809041337811.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"DOGE\/USDT 1-week chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/DOGEUSDT_2022-05-02_14-55-14-637870809041337811.png\" \/><\/a><\/p>\n<p>\u00a0<\/p>\n<p>Bitcoin price seems like it is stabilizing around a significant support level that has been battle-tested twice over the last three months. A resurgence of buying pressure is likely to propel BTC and all altcoins higher.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/BTCPERP_2022-05-02_13-28-36-637870779213497669.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"BTC\/USDT 3-day chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/BTCPERP_2022-05-02_13-28-36-637870779213497669.png\" \/><\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/cryptocurrencies-price-prediction-polygon-dogecoin-and-bitcoin-european-wrap-2-may-202205021235\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon (MATIC) price has been on a risky drop towards $1.00 over the weekend. Although it was expected that on Saturday, a turnaround would occur, traders instead saw a continuation of the dollar strength squeeze, and investors turning their backs on risk assets. A turnaround got triggered on Sunday, however, as the Relative Strength Index [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[50,85,1928,1219,966],"class_list":["post-15573","post","type-post","status-publish","format-standard","hentry","category-dogecoin","tag-bitcoin","tag-dogecoin","tag-european","tag-polygon","tag-wrap"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15573"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15573\/revisions"}],"predecessor-version":[{"id":15574,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/15573\/revisions\/15574"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15573"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}