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MATIC/USD is reaching a crucial support at $0.750

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Polygon price forecast shows that MATIC is currently heading south where the coin may cross below the lower boundary of the channel.

Polygon prediction stats data:

  • Polygon price now – $0.753
  • Polygon’s market cap – $6.9 billion
  • Polygon circulating supply – 8.73 billion
  • Total polygon width – 10 billion
  • Polygon Coinmarketcap Ranking – No. 10

Market Matic / US Dollar

Key levels:

Resistance levels: $1.20, $1.30, $1.40

Support levels: $0.45, $0.35, $0.25

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MATICUSD – daily chart

MATIC/USD opens today’s trade with an opening price of $0.77 as the currency drops towards $0.55 in a matter of hours. At the time of this writing, it was ribbed The price is trading at $0.753, which is down slightly by 2.95% after the rebound from the $0.781 level. Currently, the daily chart reveals that the RSI technical indicator (14) is heading towards the oversold region, which means that the currency might be ready for more losses.

Polygon Price Forecast: The polygon may see further downtrend

Looking at the daily chart, if the sellers push Polygon price Below $0.50, the next support could be below the lower boundary of the channel and further downside could be concentrated at $0.50. Moreover, if this support is broken, other support levels can be found at $0.45, $0.35, and $0.25 levels while resistance levels can be found at $1.20, $1.30, and $1.40.

Moreover, the technical indicator shows that the RSI (14) is moving below the 40 level, if the market successfully stays below this barrier, the increasing bearish pressure could keep the price of the polygon in the downside. While the signal line may drop further and may look poised for another bearish crossover signal.

Against Bitcoin, traders can see that Polygon price is likely to resume its decline at the time of writing. With the price lower, the sellers may pose more threats to the buyers to reach the 4000 SAT support level where the nearest target is located. However, any further downward movement below the lower border of the channel may cause the price of the polygon to collapse.

MATICBTC – daily chart

Meanwhile, a continuation of the downtrend could hit the key support at 3800 SAT before dropping to 3500 SAT and below. Meanwhile, if buyers push the market above the 9-day and 21-day moving averages, it could reach potential resistance at 6200 SAT and above. Therefore, the RSI (14) of the technical indicator is moving to cross below the 30 level, indicating that sellers could control the market.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Dash 2 Tadawul – High Potential Pre-Selling

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
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  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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