A closely followed crypto strategist is outlining what’s in store for a trio of altcoins including Ethereum (ETH) ແລະ Polygon (MATIC).
Popular crypto analyst Rekt tells his 329,200 Twitter followers that Ethereum is likely poised for extended rallies as long as it stays above support at $1,448.
“ETH retest is successful thus far following a picture-perfect dip and rebound from the black trendline.
As long as ETH continues to maintain these highs, it should be able to confirm the breakout and challenge the ~$1,700-$1,880 highs (orange).”
At time of writing, ETH is changing hands for $1,555, down 3.29% in the last 24 hours.
Next up is blockchain scaling solution Polygon. According to Rekt, he expects MATIC to witness a brief corrective period after exploding by over 50% last week.
“MATIC rallied to the black $1.32 level, rallying +54% since breakout.
A weekly close above blue could set MATIC up for a short-term dip into blue for a retest attempt.
If the retest there is successful, MATIC would revisit the black highs once again.”
Looking at the analyst’s chart, Rekt appears to be predicting a dip toward the $1.07 level for MATIC before it can resume its next leg up to around $1.32.
At time of writing, MATIC is trading at $1.17, flat on the day.
Another coin on the trader’s radar is Band Protocol (ບາ), a network that aims to link smart contracts with real-world data. According to Rekt, BAND’s meteoric rally of around 232% last week could be negated if the altcoin fails to convert resistance at $2.70 into support.
“Chances of trend continuation to the upside are getting slimmer if BAND stays below the confluent resistance (red box and black lower low).
Needs to reclaim this area into support to move higher.
Otherwise, a drop into the $1.80 could be next.”
At time of writing, BAND is valued at $2.53, a 9.41% decrease on the day.
ຢ່າພາດການຫຼິ້ນໃຫ້ເກີນແມ່ນ - ຈອງ ເພື່ອໃຫ້ໄດ້ຮັບການແຈ້ງເຕືອນອີເມວ crypto ທີ່ສົ່ງໂດຍກົງໃສ່ກ່ອງຈົດ ໝາຍ ຂອງທ່ານ
ການກວດສອບ ປະຕິບັດລາຄາ
ປະຕິບັດຕາມພວກເຮົາກ່ຽວກັບ Twitter, ເຟສບຸກ ແລະ ໂທລະເລກ
Surf ການປະສົມ Hodl ປະຈໍາວັນ
ການປະຕິເສດ: ຄວາມຄິດເຫັນທີ່ສະແດງຢູ່ The Daily Hodl ບໍ່ແມ່ນ ຄຳ ແນະ ນຳ ດ້ານການລົງທືນ. ນັກລົງທືນຄວນເຮັດຢ່າງດຸ ໝັ່ນ ເນື່ອງຈາກການລົງທືນທີ່ມີຄວາມສ່ຽງສູງໃນ Bitcoin, cryptocurrency ຫລືຊັບສິນດິຈິຕອນ. ກະລຸນາຮັບຊາບວ່າການໂອນຍ້າຍແລະການຄ້າຂອງທ່ານແມ່ນຢູ່ໃນຄວາມສ່ຽງຂອງທ່ານເອງ, ແລະການສູນເສຍໃດໆທີ່ທ່ານອາດຈະເກີດຂຶ້ນແມ່ນຄວາມຮັບຜິດຊອບຂອງທ່ານ. The Daily Hodl ບໍ່ໄດ້ແນະ ນຳ ໃຫ້ຊື້ຫຼືຂາຍຂອງຊັບສິນດິຈິຕອນໃດໆຫລືຊັບສິນດິຈິຕອລ, ຫລື Daily Hodl ເປັນທີ່ປຶກສາດ້ານການລົງທືນ. ກະລຸນາສັງເກດວ່າ The Daily Hodl ເຂົ້າຮ່ວມໃນການຕະຫຼາດເປັນພີ່ນ້ອງກັນ.
ຮູບພາບທີ່ໂດດເດັ່ນ: Shutterstock/DomCritelli/Natalia Siiatovskaia
Source: https://dailyhodl.com/2022/11/07/heres-whats-next-for-ethereum-polygon-and-one-altcoin-that-erupted-232-in-a-week-according-to-popular-analyst/