MATIC, Dogecoin & Cardano Price Jumps High, Bullish Trend Incoming!
Polygon(MATIC) Price Jumps More Than 12%
Polygon price in recent times adopted a silent trend and steep plunges. However, it sustained above $1 levels, showcasing a huge tendency to jump towards the lost positions above $2. However, the recovery path may not be much easier, yet a steady rally may accomplish the mission soon.
The price bounced above the strong trend line and climbed high above $1.5. The currency appears to have inculcated a strong bullish momentum and hence regain the lost positions is imminent.
At the time of writing, the MATIC price is $1.53 with a massive jump of 11.64% since the previous trading day. The price after the mammoth recovery from the mid-may crash was expected to smash levels above ATH. Woefully, the price slides towards the north rejecting the bullish trend.
- The resistance levels are at $1.875
- The support levels are at $1.32
- The indicators point out at a buy signal
Dogecoin Price Gaining Bullish Momentum
Dogecoin price since Elon Musk’s SNL snub incorporated a narrow trend and hardly surged above $0.34. Each time it attempts hard to rise above $0.35, a notable drain drags the price below $0.326 regions.
However, the recent plunge slashed the price below $0.3 levels, however, a remarkable retrace uplifted the price above $0.32 levels. The jump in the trading volume with more of the green candles called out for a healthy rally.
The constant surge from the past couple of days helped the asset to build some bullish momentum. And therefore, an uptrend appeared to be on the cards where-in the targets were set a little far from the current levels around $0.3282.
- The resistance levels are at $0.3487
- The support levels are at $0.3063
- The indicators point out towards a sell signal
Cardano Price Poised To Hit New Highs Soon
Cardano price despite a steep market plunge sustained above $1.3 levels and showcased a form of stability. However, it also experienced a drain but failed to revisit the lower levels as the volume remained considerably high.
The price in the hourly chart has formed a tiny bullish flag where-in an uptrend may be following shortly. Interestingly, the RSI levels also touched the upper and the lower levels but maintained within the average zone.
The steady trading volume signifies the maintained user’s interest within the Cardano ecosystem that helped to stabilize the price to some extent. At the press time, the ADA price is $1.56 with a jump of 5.06% very close to recovering the previous week’s losses.
- The resistance levels are at $1.7
- The support levels are at $1.48
- The technical indicators are currently neutral