Bitcoin, Polygon and Crypto.com – European Wrap 18 January [Video]

Ethereum price witnessed a minor uptrend as it bounced off a crucial support level. This bull rally failed to catch traction, leading to a steep correction back to the aforementioned foothold. Here, ETH contemplates its next course of action with its odds slightly skewed in favor of bulls.

EIP-1559 upgrade is now live on the Polygon network. The upgrade could positively impact MATIC price with burn implementation. Proponents noted that previously the network’s congestion and unpredictable fees drove traders to competitors like Avalanche. 

Crypto.com token has been trading close to a crucial support level for nearly ten days. This consolidation seems to have set up a bottom reversal pattern, suggesting that a trend change is likely for CRO.