{"id":20408,"date":"2022-06-20T01:21:31","date_gmt":"2022-06-20T01:21:31","guid":{"rendered":"http:\/\/egrowonline.com\/?p=20408"},"modified":"2022-06-20T01:21:31","modified_gmt":"2022-06-20T01:21:31","slug":"polygon-ethereum-ripple-asian-wrap-20-june","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=20408","title":{"rendered":"Polygon, Ethereum & Ripple \u2014 Asian Wrap 20 June"},"content":{"rendered":"


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Polygon (MATIC) price is set to book its eighth straight week of losses, even eleven if you do not count the marginally profitable week from mid-April. MATIC price already trades in cents, once the defense breaks, it could even be trading in tenths of a cent. With that, MATIC price could become worthless and obsolete.<\/p>\n

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Ethereum price is already too far gone in the new area for recovery. ETH price will drop 50% before founding essential and strong enough support to halt the descent. Expect an L-shaped to W-shaped recovery, as current tail risks will linger for some time.\u00a0<\/p>\n

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Ripple price sees massive outflows of funds as the demand-side dries up. XRP price is too far off from the upper barrier to make a return and can only go one way down. Expect another 50% drop to $0.173 before a bounce-off and turnaround could be triggered.<\/p>\n

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Polygon (MATIC) price is set to book its eighth straight week of losses, even eleven if you do not count the marginally profitable week from mid-April. MATIC price already trades in cents, once the defense breaks, it could even be trading in tenths of a cent. With that, MATIC price could become worthless and obsolete. […]<\/p>\n","protected":false},"author":1,"featured_media":5587,"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":[45],"tags":[965,158,6249,1219,265,966],"class_list":["post-20408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-asian","tag-ethereum","tag-june","tag-polygon","tag-ripple","tag-wrap"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/polygon-200x200-637526942732422088_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20408","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=20408"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20408\/revisions"}],"predecessor-version":[{"id":20409,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20408\/revisions\/20409"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/5587"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20408"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}