Cryptocurrencies Price Prediction: Ripple, Ethereum & Polygon – European Wrap 20 June:
XRP trades back below $0.50 on Wednesday as Ripple (XRP) proponents like attorney Bill Morgan have lashed out at the Securities and Exchange Commission (SEC) for what is being considered a “second free pass” for Ethereum.
Ethereum developer Consensys announced on Wednesday in its official X account that the SEC is putting an end to its investigation into the second-largest cryptocurrency. The developer had enquired the status of the investigation through a letter sent to the regulator and received a response.
Polygon (MATIC) price displays a bullish divergence on a momentum indicator, indicating a bullish move. Recent on-chain data reveals a capitulation event occurred from June 12 to 18, prompting a group of whales to accumulate MATIC tokens, further bolstering bullish sentiment for an upward trajectory.
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