$ALPHA Adam & Eve is on the table💁‍♂️ Time for a break o

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Polygon Price Fall to 22-Month Support Hints Best Dip Opportunity of 2024 The correction initiated from the third week of March plunged the MATIC price 46% to currently trade at $0.69. The geopolitical issue in the Middle East and the pre-halving correction in Bitcoin continue to fuel selling pressure in the market. Do MATIC buyers have an opportunity to counterattack? The Polygon coin price has maintained a consistent sideways trajectory for over two years, oscillating within a narrowing channel of the symmetrical triangle pattern. The two converging trendlines act as dynamic resistance and support indicating an equilibrium, with neither buyers nor sellers gaining a definitive upper hand. With an intraday loss of 3%, the MATIC price is heading to the pattern’s lower trendline at $0.58. Historical data shows that a rebound from the support trendline in June 2022 launched a 375% rally for the altcoin, while a reversal in October 2023 sparked a 153% surge. Thus, the Polygon price is poised for significant demand in the $0.6-$0.58 range, setting the stage for another upward move. With the Bitcoin halving event approaching—an event that typically boosts the crypto market—MATIC is well-positioned for a bullish reversal. If the demand holds strong at this critical support level, we could see buyers initiate a new bull cycle following the triangle pattern, potentially leading to a 70-75% increase to reach the upper trendline around $1.2. However, it’s worth noting that the MATIC price will only receive a better opportunity to carry sustainable recovery if buyers break the triangle upper boundary. Conversely, a breakdown below the bottom trendline will signal a major downtrend in the Polygon coin. BB indicator: The downtick in the lower boundary of the Bollinger Band indicator highlights the sellers are the current dominating players in this asset. Vortex Indicator: The widespread VI+- and VI- slope indicates no sign of bullish reversal yet. Update soon, my friends 💫 #Bitcoin #Matic #Polygon #cryptocurrency #futures

S&P 500 $SPX closes below its 50D moving average for the first time since early November 😱 #trustwallet #OpenAI #opensea #profit #Signal

#USDT DOMINANCE ANALYSIS USDT.D continued its bearish move after the breakdown of the ascending triangle. The Ichimoku cloud is showing a bearish trend. It has bounced from the horizontal support and is trading below the MA 200. A rejection from the MA 200 could be a possible scenario, while a sustained breakdown of the horizontal support would further confirm bearish sentiment. We have to note that it operates inversely proportional to the crypto market. Wait for updates, my friends 💫 #Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

ALGO analysis: Price is currently trading near a significant support level. Consider opening long positions near the support level with a tight stop loss. We may see a rebound from this level. Major Support Area: $0.1570-$0.1650 Resistance Area: $0.23-$0.24 Update soon, my friends 💫 #TrendingTopic #ALGO #Launchpool #TradeNTell #dyor

SOL Price Forecast: Will Solana Ever See $260 Record High Again? This weekend, investors suffered a major setback with liquidations blowing leveraged crypto fortunes into thin air, bearing the biggest brunt of the war in West Asia. Geopolitical tensions rocked the global financial industry on Friday, causing a major sell-off in Bitcoin price and major altcoins like Ethereum, Solana, and XRP. The bullish outlook in the crypto market is quickly turning grim during US business hours on Monday. After topping $150 earlier today, SOL is extending a four-hour candle to $142. Resistance at $150 reinforced by the 0.618 Fibonacci ratio threatens another sell-off back to $120, especially with the Relative Strength Index (RSI) reversing the trend downward at 41. Not that another daily close under the RSI trendline support/resistance may imply heightened selling pressure over the coming sessions and even days. The next couple of days will play a huge role in determining the direction SOL price will take. Such that, if the 0.786% Fibonacci ratio around $138 is respected as support, a recovery will ensue increasing the chances of Solana rallying above $200 again in 2024. Other support areas to watch include the ascending green trendline and last weekend’s major buyer congestion at $120. When the DeFi TVL is increasing consistently, it means that holders have a long-term positive view of the token SOL and, therefore, are willing to ignore the unrealized profits to take part in securing the network for staking rewards while aiming for higher price levels. Whether SOL price can debut at the $260 all-time high in 2024 will depend on investor interest in the token and the general market outlook after Bitcoin halving later this week. Investors will likely begin to FOMO with a second break above $200. This move will validate the bullish strength in Solana and the ability for the price to hit a new record high in the year. Wait for updates, my friends 💫 #HotTrends #TrendingTopic #Solana⁩ #Sol #futures

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