Polygon, SafeMoon and Dogecoin – European Wrap 8 June

MATIC price suffered a setback as it sliced through the equilibrium point and continued its descent. A bounce from the immediate support seems to have originated, but the chances of a down move are still present.


SafeMoon price dropped below a crucial supply barrier as the markets tumbled on June 7. If the flagship cryptocurrency makes a comeback, investors can expect SafeMoon to follow suit.


SAFEMOON/USDT 4-hour chart

Dogecoin price has slumped lower in the past few days, reaching $0.31. Although DOGE is still up by over 55% from its low amid the market crash recorded on May 19, the meme coin has failed to find strength. 

DOGE/USDt 1-day chart