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A well-liked crypto dealer has a long-term bullish outlook on the blockchain scaling answer Polygon (MATIC) in addition to two further altcoins.
The pseudonymous digital asset analyst often called Rekt Capital tells his 368,100 followers on the social media platform X that MATIC is “on the cusp of getting into a brand new macro uptrend” after taking out its bear market diagonal resistance.
Wanting on the dealer’s chart, the following level of resistance for MATIC seems to be at $1.07. At time of writing, MATIC is buying and selling at $0.891.
Rekt Capital additionally has an analogous evaluation concerning RUNE, the native asset for the decentralized cross-chain liquidity protocol THORChain.
“RUNE is attempting to interrupt its second macro downtrend in three months. First, it was purple. Now, it’s blue. Over time, it’ll even be black.”
The analyst’s chart exhibits that RUNE has no excessive time-frame resistance till $12. At time of writing, RUNE is buying and selling at $4.80.
Rekt Capital additionally predicts a worth rally for Ocean Protocol (OCEAN), a mission that goals to allow customers to entry and monetize knowledge utilizing synthetic intelligence.
“Nonetheless efficiently retesting this inexperienced space as help, draw back wicking into it and even forming the next low within the wicks. Value stability is important right here to proceed its transfer to the ~$0.48 degree above (purple).”
OCEAN is buying and selling at $0.381 at time of writing.
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