Tag Archives: MATIC

During November, most cryptos dipped to touch their multi-week support levels. The bulls, however, ensured those levels and attempted to trigger an upturn. Consequently, ADA and MATIC registered 24-hour gains. Moreover, MATIC breached its long-term resistance to touch its six-month high on 3 December. On the other hand, The Sandbox flashed mixed signs. Cardano (ADA)Continue reading “Cardano, MATIC, The Sandbox Price Analysis: 3 December”

MATIC has quite smoothly rallied over the past 40-odd hours. On 1 December, this alt’s opening price reflected a value of $1.7. By the end of the day, it, however, managed to cross the $2 threshold. On 2 December, the alt started trading around the same $2 mark but went on to breach $2.2 quiteContinue reading “As these factors nudge MATIC toward greener pastures, $2.7 looks imminent”

While the market continues its dynamic trajectory, top altcoins like Ethereum and Shiba Inu touch their one-month low on 26 November. Near-term technical indicators for the above cryptos and MATIC reaffirm a bearish bias that correlates with the overall market inclination. Ethereum (ETH) Correlating with Bitcoin’s retracement, ETH ceased its upswing rally after striking itsContinue reading “Ethereum, Shiba Inu, MATIC Price Analysis: 28 November”

Kevin O’Leary, one of the most vocal institutional cryptocurrency investors, has considerably expanded his digital asset holdings over the past year. Once a critic of the novel asset class, the “Shark Tank” star, and investor has since increased his crypto investments to 10% of his portfolio, admittedly, in Bitcoin, Ethereum, and USDCoin. The Canadian entrepreneurContinue reading “Along with Bitcoin, Ethereum, Kevin O’Leary ‘needs’ to invest in Solana, Polygon, Hedera”

The broader market finally showed signs of a comeback as several cryptos traded in the green zone in the last 24 hours. As a result, Bitcoin Cash and MATIC registered double-digit gains after touching their multi-week lows on 18 November.  However, SUSHI Continued with its downturn while its bulls failed to show any revival signs.Continue reading “Bitcoin Cash, MATIC, SUSHI Price Analysis: 25 November”

Polygon made a significant impact within the crypto space this year both in the spot market as well as the DeFi market. Even so, the network has been witnessing a lot of its Long-term Holders turning impatient over the month and they cannot really be blamed given MATIC’s price action. So could this be justContinue reading “Polygon: new investors take the wheel, while long term investors are…”

The beginning of November was still a relatively good time for the market as most top coins hit all-time highs and the market cap glimmered. MATIC, however, has been on a downtrend for over 20 days now. With the larger market correcting across the board, MATIC’s momentum slowed down even further. In fact, its priceContinue reading “With Bitcoin, Ethereum in the picture, can MATIC pull off a recovery”

Increasing adoption along with a burst in DeFi activity has led to cryptocurrency transactions being at an all-time high. This has inadvertently resulted in the congestion of the most popular network, Ethereum. This has in turn led to the rise of layer-2 scalability solutions such as Polygon that offer lower transaction time and cost. Naturally,Continue reading “Polygon proposes UNI integration, ready to allocate ‘significant amount of capital’”

The broader crypto market did not perform well in the last 24 hours. Accordingly, altcoins like Litecoin, Tron, and MATIC declined over the past day after hitting their respective milestones. Furthermore, near-term indicators for all these cryptos pointed at decreasing bullish influence. Litecoin (LTC) LTC steadily rose by oscillating between ascending lines over the pastContinue reading “Litecoin, Tron, MATIC Price Analysis: 12 November”

After a bullish rally, Bitcoin crossed the $69,000-mark to touch its ATH on 10 November. Now, with the correction phase kicking in, the near-term technical indicators for Bitcoin and the majority of altcoins flashed red signs.  Dogecoin and MATIC were no exceptions, as their near-term indicators pointed at increasing bearish influence.  Bitcoin (BTC) Bitcoin enjoyedContinue reading “Bitcoin, Dogecoin, MATIC Price Analysis: 11 November”

Besides Bitcoin and Ethereum, every crypto-asset in the market has undergone consistent shuffling over the course of 2021. The market cap value between some of the top projects has been neck and neck. The difference between Cardano, XRP, and Polkadot, for instance, is only $5 billion from one to another, and that has been theContinue reading “Assessing Polygon’s lack of momentum and why it isn’t completely at fault”

Interoperability is the word of the day and many blockchains have caught on to the trend. In October and November, the Wormhole protocol was especially active, connecting chains and making it possible for tokens and NFTs to travel through diverse crypto ecosystems. After weeks of activity and new announcements, Wormhole released its first monthly recapContinue reading “Wormhole reveals first monthly stats and a new chain in its ecosystem”