Chainlink (LINK) appears to be establishing an upward trend line that could see it…
The post Chainlink (LINK) establishes upward trendline despite market-wide crypto correction appeared first on Coin Journal.
Ethereum seems to be losing grip over its own scaling rollups after it emerged that most Polygon users are transacting independently from the Ethereum Network using Ethereum Virtual Machine (EVM) compatible DeFi. The Great Migration According to Lark Davis, founder of the Wealth Mastery Investor Report, “85% of Matic’s 130 million user accounts have no […]
After hitting all-time highs in the middle of December last year, Avalanche (AVAX) has…
The post Emerging bullish pattern could push AVAX past $98 – Price prediction and analysis below appeared first on Coin Journal.
Polygon Price hit recently a price of $ 2.44 and was able to climb even further. However, this has led to a “fake breakout”. The recent crypto and stock market crash took a toll of all asset classes, even for MATIC. Today, the price is again on the trend line and presents a good entry point. But how could things go on with the Polygon price? Will we rise again by around 50%? Let’s tackle this in our awesome Polygon Price Prediction 😉
On another note, we at CryptoTicker offer a Premium Discord channel. There you will receive trading ideas and professional trading support. Our Premium Discord is not just about trading. You will also find out the latest crypto trends early enough, from which you can benefit massively or at least exit the market. That’s why most of our traders are successful and managed to minimize their risk exposure during this current crash.
Polygon prices are still in the ascending triangle due to the fake breakout. The price was recently able to find support on the trendline, which is why we assume that the triangle is currently intact. As the trendline is heading towards the +/- $ 2.44 resistance, a breakout could occur soon. We still believe the outbreak will progress. Before the polygon price breaks the resistance of $ 2.44, let’s not assume prices higher than $ 2.44.
—-> Click here to Buy MATIC <—-
The polygon price was able to completely form a trend channel through the fake breakout. Now we have a confirmed upper trend line and a lower one. The price might test the upper trendline next, as we recently hit the lower one. This harmonizes perfectly with the ascending triangle. The ascending triangle should soon burst as well. Should the price hold the lower trend line, we assume that the price could soon be at +/- $ 3.3. The upper trend line of the trend channel is located there. We also have a running ABC sequence that was confirmed by the fake breakout from the triangle. The ABC sequence has the first target at around $ 3.3. Thus, all three chart patterns are currently blending nicely, which gives us confirmation that this is what will happen.
On the other hand, it is always safe to place your stop-loss to limit your…losses! A sensible SL for Matic’s case would be just below the lower trendline of the channel, which is around $1.8 – $1.9.
Stay Ahead, Stay Updated
Rudy Fares
The post Polygon Price Prediction – MATIC Price might shoot 50% Soon! Read On. appeared first on CryptoTicker.
After a sluggish start to 2022, Oasis Network (ROSE) is finally rebounding sharply. The…
The post Oasis Network (ROSE) has rebounded sharply – Can this uptrend keep going? appeared first on Coin Journal.
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners With Crypto Iranian companies […]
Crypto.com (CRO) is simply in shambles. After a massive 7-day rout that saw the…
The post What next for Crypto.com (CRO) after a 7-day blood bath? – Price prediction and analysis appeared first on Coin Journal.
In 2021, dozens of promising projects in DeFi, NFT, and GameFi brought more tokens to the market than any one person can follow.
The post Footprint Analytics: Can 2021 Foretell This Year’s Token Gains? | Annual Report 2021 appeared first on CryptoSlate.
Value Finance, a decentralized finance solution aimed at empowering blockchain-based enterprises, is thrilled to announce its start. Value Finance plans to provide a variety of services to assist startups and established businesses in expanding their operations and providing higher value to their customers. The $VFT Token Value Finance has its own native token, which is […]
