Bitcoin, Polkadot and Crypto.com – European Wrap 14 February

Bitcoin price set up a higher high on the daily chart, and the current retracement is likely to confirm whether bulls are ready or not for a run-up. Ethereum and Ripple show different setups but ultimately will follow in the big crypto’s footsteps.

Gavin Wood, the creator of the Polkadot network, believes that the altcoin allows people to interact without the need to trust each other. Leading the way in the decentralized Web3 ecosystem, Polkadot’s parachain auctions are considered a catalyst for the altcoin’s price. 

Crypto.com token has been in an uptrend for quite some time but the exhaustion of the recent rally has led to a consolidation. A breakout from this coil could be the trigger for further gains for CRO.

 

CRO/USDT 1-day chart

 

 

 

 

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