4 altcoins to watch right now!
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Polygon (MATIC) Price: Bearish Trend and Key Levels to Watch
Polygon (MATIC) is trading in a price range of $0.67 to $0.73. The price is in a correction phase with a 6.04% drop in a week and 4.11% drop in a month. The nearest resistance level is $0.78 and the nearest support level is $0.64. With an RSI of 42.15 and a bearish MACD, MATIC shows potential for further downside. The price drop in six months amounts to 14.63%.
Cosmos (ATOM) Price Struggles to Gain Momentum
Cosmos (ATOM) is currently trading in a price range of $8.01 to $8.74. The coin faces resistance at $9.19 and $9.92, support at $7.73 and $6.99. The 10-day and 100-day simple moving averages are almost the same at $8.34 and $8.35 respectively. The RSI is 42.89 and the Stochastic is 21.87, indicating weak momentum. The MACD is slightly negative at -0.01. The price has fallen by 4.10% in the past week, 4.34% in the past month, and 14.66% in six months, indicating a correction.
Chainlink (LINK) Price: Current Trend and Forecast
Chainlink (LINK) is currently in a price range of $16.96 to $19.28. The coin is making corrective moves. LINK has seen a 6.46% price drop in the latest week, but a 22.49% increase in a month. The six-month change is 14.95%. The current support is $15.76 and the resistance is $20.42. RSI is 39.21, Stochastic is 37.79, MACD is -0.11, and the price is below the 100-day moving average of $18.14, indicating a potential area of stability.
Stellar Price (XLM):
Keep an eye on resistance
Stellar (XLM) is trading between $0.10 and $0.11. In the past week, XLM fell 6.63%. It fell 6.98% in the past month and 17.50% in more than six months. Indicators show a corrective trend, with RSI at 37.74 and Stochastic at 9.96. If the $0.10 support level holds, the next move could be to $0.11.
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