{"id":163245,"date":"2021-06-11T03:30:52","date_gmt":"2021-06-10T22:00:52","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=163245"},"modified":"2021-06-10T17:20:11","modified_gmt":"2021-06-10T11:50:11","slug":"chainlink-matic-theta-price-analysis-10-june","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/chainlink-matic-theta-price-analysis-10-june\/","title":{"rendered":"Chainlink, MATIC, Theta\u00a0 Price Analysis: 10 June\u00a0"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">For alts like Chainlink, MATIC, and <\/span><span style=\"font-weight: 400;\">Theta, p<\/span><span style=\"font-weight: 400;\">rices were less affected by the June 7 market fall that pulled down the total crypto market cap and affected a lot of major alts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While <\/span><span style=\"font-weight: 400;\">Chainlink<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">MATIC<\/span><span style=\"font-weight: 400;\"> saw sideways price movement on the four-hour chart with restricted price ranges, Theta saw minor gains from the beginning of June.\u00a0<\/span><\/p>\n<p><b>Chainlink [LINK]<\/b><\/p>\n<figure id=\"attachment_163247\" aria-describedby=\"caption-attachment-163247\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06.png\"><img decoding=\"async\" class=\"wp-image-163247 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06.png\" alt=\"\" width=\"1783\" height=\"859\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06-300x145.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06-1024x493.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06-768x370.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/LINK10_06-1536x740.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-163247\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/LINKUSD\/\">LINK\/USD<\/a> \u2013 TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At press time, Chainlink traded at $24.2 and oscillated close to the support at $22.5. Even though the asset\u2019s <\/span><a href=\"http:\/\/ambcrypto.com\/what-chainlinks-drop-in-popularity-means-for-its-price\/\"><span style=\"font-weight: 400;\">popularity dropped<\/span><\/a><span style=\"font-weight: 400;\">, its price showed steady developments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On a four-hour chart, <\/span><span style=\"font-weight: 400;\">LINK<\/span><span style=\"font-weight: 400;\"> underwent a bullish crossover on June 9, as <\/span><b>MACD lines<\/b><span style=\"font-weight: 400;\"> inched closer to the signal line from below. The asset was still in the bearish zone but signs of improvement can be observed. This corresponded with <\/span><b>Parabolic SAR<\/b><span style=\"font-weight: 400;\"> as its dotted lines appeared below the candlesticks highlighting a bullish momentum.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though the asset was down 53.02% from its all-time high, in the last two days, it saw a price gain of around 15%. Further, <\/span><b>Squeeze Momentum Indicator<\/b><span style=\"font-weight: 400;\"> highlighted a receding bearish pressure. With the recent \u2018Squeeze release\u2019 indicated by white dots and the appearance of the dark red bars, the momentum could turn positive.<\/span><\/p>\n<p><b>Polygon [MATIC]<\/b><\/p>\n<figure id=\"attachment_163248\" aria-describedby=\"caption-attachment-163248\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06.png\"><img decoding=\"async\" class=\"wp-image-163248 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06.png\" alt=\"\" width=\"1783\" height=\"749\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06-1024x430.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06-768x323.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/MATIC10_06-1536x645.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-163248\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/\">MATIC\/USD<\/a> \u2013 TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">MATIC went down by almost 30% from the beginning of June, the asset held the 17th spot on CoinMarketCap and its 24-hour price rise was 1.15%. While the asset was down 44.66% from its all-time high, in the last 30 days its ROI, vs USD was +32.99%.<\/span><\/p>\n<p><b>Bollinger Bands<\/b><span style=\"font-weight: 400;\"> for the altcoin depicted a steady parallel movement, indicating that market action was low. At press time on a four-hour chart, candlesticks for MATIC tested the $1.46 mark multiple times, if the price falls further below, the next key support was at $0.814.\u00a0<\/span><\/p>\n<p><b>Relative Strength Index<\/b><span style=\"font-weight: 400;\"> for the asset highlighted that even though it was in the neutral zone, oscillating between 35-45, selling pressure was pushing in depicted by the downward trajectory of the indicator. Further, <\/span><b>Awesome Oscillator<\/b><span style=\"font-weight: 400;\">\u00a0suggested that bearish momentum was creeping in for the asset which could move the price down.\u00a0<\/span><\/p>\n<p><b>Theta[THETA]<\/b><\/p>\n<figure id=\"attachment_163249\" aria-describedby=\"caption-attachment-163249\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06.png\"><img decoding=\"async\" class=\"wp-image-163249 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06.png\" alt=\"\" width=\"1783\" height=\"748\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06-1024x430.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06-768x322.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Theta10_06-1536x644.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-163249\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/THETAUSD\/\">THETA\/USD<\/a> \u2013 TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Ahead of Theta\u2019s mainnet 3.0<\/span><a href=\"https:\/\/twitter.com\/Theta_Network\/status\/1401912286302937093?s=20\"><span style=\"font-weight: 400;\"> launch<\/span><\/a><span style=\"font-weight: 400;\"> scheduled for June 30, the altcoin\u2019s price went up by almost 40% since the beginning of June. While the asset\u2019s price has been moving in close proximity to the resistance mark at $9.95, it struggled to break through. At press time, Theta traded at $9.0 and held the 18th position on CoinMarketCap.\u00a0<\/span><\/p>\n<p><b>Chaikin Money Flow\u2019s <\/b><span style=\"font-weight: 400;\">indicator maintained above the zero-line highlighting that inflows dominated outflows. A slight uptick of the indicator at press time suggested that cash inflow pressure was increasing. However, the red candlesticks at press time highlighted a 7% price dip from June 9.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, <\/span><b>MACD lines <\/b><span style=\"font-weight: 400;\">were<\/span> <span style=\"font-weight: 400;\">in close proximity to each other slightly above the signal line, this could move the asset into a moderately bearish momentum, thereby pushing the price further down.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For alts like Chainlink, MATIC, and Theta, prices were less affected by the June 7 market fall that pulled down the total crypto market cap and affected a lot of major alts.\u00a0 While Chainlink and MATIC saw sideways price movement on the four-hour chart with restricted price ranges, Theta saw minor gains from the beginning<a href=\"https:\/\/ambcrypto.com\/chainlink-matic-theta-price-analysis-10-june\/\">Continue reading <span class=\"sr-only\">&#8220;Chainlink, MATIC, Theta\u00a0 Price Analysis: 10 June\u00a0&#8220;<\/span><\/a><\/p>\n","protected":false},"author":42,"featured_media":163251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[1266],"class_list":["post-163245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view","tag-matic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - 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