đđđ Exploring This Weekâs #CryptoSurge : New Insights on #Polygon, $NEAR , and #Shibalnu
Crypto Market Recovery Led by Polygon and NEAR Protocol
The #cryptocurrencymarket is seeing a recovery, with #PolygonMATIC and NEAR Protocol showing bullish trends due to improvements in scalability and cost-efficiency.
1. Polygon (MATIC) Bullish Momentum
- Current Price: $0.4303
- Market Cap: $1.1B MATIC has risen 7.9% this week, reflecting its role in improving Ethereum's scalability. Trading above its 10-day moving average, Polygon faces long-term resistance at $0.5552.
2. NEAR Protocol Gains Investor Interest
- Current Price: $5.52
- Market Cap: $5.0B NEAR gained 5.6%, approaching its 100-day moving average. With resistance at $5.14, continued support could push prices higher, but a downturn might see it drop toward $3.03.
3. Shiba Inu ($SHIB ) Bullish Signs
- Current Price: $0.00001948
- Market Cap: $8.47B SHIB rose 5.9% this week, driven by whale accumulation, signaling potential for continued upside.
Source - cryptonewsland.com
