Despite Polygon’s Bullish Run, Buyers Struggle Near Resistance Of $1.0
The Polygon (MATIC) has had an impressive bull run seen in the last couple of days. The coin is treading above the EMA red lines as seen on the daily price chart. On the other hand, MATIC’s trading volume has plunged by as much as 42% or $1.1 billion overnight. MATIC price went for a bull run right after it breached the symmetrical triangle pattern spotted on the upside. As it turns out, $1.0 had been a critical level to break for a long time which was a tough challenge for MATIC. MATIC/USDT Currently At $0.93 MATIC/USDT pair is currently trading at $0.93. Bears are having a hard time....
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Key Highlights. Yesterday's idea that there can be more gains in Dogecoin, and buying dips is a good option worked as prices dipped and surged higher one more time. There is a major resistance building up around 77.5 Satoshis where buyers might struggle. Dogecoin continued to gain traction as buyers remain in control, but it would be really interesting to see how long the bullish trend can continue. 77.5 Satoshis as a Barrier. One more hurdle was cleared by Dogecoin buyers recently, as 71.7 Satoshis (Yesterday's high) was breached to set a new weekly high. There is a lot of bullish....
MATIC price started a major increase from the $0.840 support zone. Polygon buyers pumped the price above $1.20 and there could be more upsides. MATIC price rallied above the $1.00 and $1.20 resistance levels against the US dollar. The price is trading well above $1.00 and the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance at $1.22 on the 4-hours chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise and might soon revisit the $1.50 resistance zone. Polygon’s MATIC Price Rallies Steadily After forming a base....
Litecoin price struggle to trade higher continues. It looks like it may head lower as the 4-hours chart is signaling a critical break. Intraday Support Level (HitBTC) may be at $$3.00. Intraday Resistance Level (HitBTC) where buyers could struggle can be at $3.15. Litecoin price struggle to trade higher continues, and it looks like it may head lower as the 4-hours chart is signaling a critical break. Litecoin price recently tested the $3.00 support area where it found buyers and corrected higher. However, it is facing a lot of hurdles on the way up. Looking at the 30-mins chart (data feed....
Key Highlights. It looks like Dogecoin price may not be able to break an important resistance area of 40.0-41.0. The price remains at a risk of a break lower, as there is no increase in the buying sentiment lately. If there is no push above 41.0 Satoshis, we may witness a decline in the price towards 36.0 Satoshis. Dogecoin price continues to struggle as buyers are finding it hard to break a crucial resistance area of 40.0-41.0 Satoshis, which possess a threat of a move lower. Trend Line and Resistance Area. We highlighted in yesterday's post that there is a major resistance area near 41.0....
MATIC price started a steady increase from the $0.720 support zone. Polygon buyers might now aim a push towards the key $1.00 resistance. MATIC price is gaining pace above the $0.80 level against the US dollar. The price is trading well above $0.800 and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance at $0.810 on the 4-hours chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise and might soon test the $1.00 resistance zone. Polygon Price Starts Fresh Increase After a major decline, polygon’s price....