ApeCoin, Crypto.com & Polygon Coin — Asian Wrap 11 May

ApeCoin price could go range bound and produce further drops throught spring and summer. There may be better performing digital assets in the coming weeks to keep an eye on. ApeCoin price is signaling a disappointing statement as the bears have managed to establish a settling price below the triangle apex at $12.

Crypto.com price shows subtle bullish signals as the crypto arena awaits the May 11 United States Inflation report. CRO price has touched the parallel channel median line for the first time since the 40% rally forecasted in March.  The first touch of any significant trend line is usually the catalyst before the most substantial price spike occurs. 


MATIC price has jumped a considerable amount today, a somewhat unexpected occurrence. Monday’s price action resulted in the greatest daily sell-off since May 19, 2021 – nearly one year ago. Aggressive buying opportunities are now present. 

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