The most straightforward way is to find a reliable centralized exchange where you can buy Shih Tzu, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on.
Another option to buy the Shih Tzu is through a decentralized exchange (DEX) which supports the blockchain where your Shih Tzu resides. This guide will show you how to buy Shih Tzu by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency.
1Download a Trust Wallet Wallet
2Set up your Trust Wallet
3Buy ETH as Your Base Currency
4Send ETH From Binance to Your Crypto Wallet
5Choose a Decentralized Exchange (DEX)
6Connect Your Wallet
7Trade Your ETH With the Coin You Want to Get
8If Shih Tzu Doesn’t Appear, Find its Smart Contract
9Apply the Swap
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The post Polygon (POL) Poised For 44% Price Drop, Here’s Why appeared first on Coinpedia Fintech News
In this ongoing market downturn, the Polygon ecosystem (POL) has formed a strong bearish price action, suggesting that a massive price decline is on the way, as reported by a prominent crypto expert on X (formerly Twitter).
Polygon (POL) Bold Prediction Amid Market Downturn
Today, January 30, 2025, while examining the current outlook, the expert noted that POL is on the verge of a 44% price drop, potentially reaching the $0.23 level.
#Polygon $POL could be on the verge of a 44% correction to $0.23! pic.twitter.com/QLg7GkmfXX
— Ali (@ali_charts) January 29, 2025
However, this post on X has gained widespread attention from the crypto community due to its massive price drop prediction. The potential reason for this prediction is the bearish market sentiment and the formation of bearish price action on the daily time frame.
Polygon (POL) Technical Analysis and Price Action
According to expert technical analysis, with the recent price drop, POL has breached the support of its descending triangle price action pattern and has successfully retested the breakout area. Based on historical price momentum, if POL holds below the $0.45 level, there is a strong possibility it could drop by 30%, reaching the $0.29 level.
Source: Trading view
At present, POL is trading below the 200 Exponential Moving Average (EMA) on the daily time frame, indicating that it is in a downtrend. On the negative side, POL’s Relative Strength Index (RSI) stands just above the oversold area, suggesting that the asset has enough room to continue its price drop in the future.
Investors Found Dumping POL Tokens
Looking at the bearish price action and price prediction, investors and long-term holders have been seen dumping their tokens, as revealed by the on-chain analytics firm Coinglass. Data from the spot inflow/outflow shows that exchanges have witnessed an inflow of $2.56 million worth of POL in the past 24 hours.
In the cryptocurrency landscape, inflow refers to the movement of assets from holders’ wallets to exchanges, which potentially signals dumping and sell-offs. However, it has the potential to create selling pressure and lead to further price decline.
Current Price Momentum
POL is currently trading near $0.40 and has witnessed a price surge of over 2.75% in the past 24 hours. However, during the same period, its trading volume jumped by 15%, indicating lower participation from traders and investors compared to the previous day.
🚀 Ethereum at a Crossroads: Boom or Bust? 💰🔥
In a recent X post, crypto expert Max warned that Ethereum is facing a moment of truth after dipping near $3,000! 😨 If ETH doesn’t complete its “ultra-scary 3 drive into the lows” pattern and get miraculously saved, it could be in for a deeper drop. 📉
📊 Max’s outlook:
⚠️ If ETH loses $3,000, it could tumble below $2,400!
⚠️ Worst-case scenario: ETH wipes the $2,800 wick while Bitcoin sinks to $95,000.
🔄 Urgent buyer reaction needed to avoid further losses!
💎 Despite the fear, whales are buying! Ethereum’s huge transaction volume spiked 200% in 24 hours, signaling major accumulation! 🐋💰
📈 Bullish ETH Prediction by Wolf! 🚀
Another expert, Wolf, believes Ethereum is being suppressed so big players can accumulate before liftoff! 🚀
🔥 His bold 2024 ETH price targets:
✅ $4,000 by February 📊
✅ $5,000 in March – in just days! ⏳
✅ $6,500 by early April 🚀
🔄 Short pullback, then a run to $9,500–$10,000! 🌕💥
Will Ethereum survive the dip and soar to new highs? Or is a bigger crash on the horizon? Brace yourself—big moves are coming! 🔥
#Write2Earn
MicroStrategy has been consistently acquiring Bitcoin. Will this strategy help support Bitcoin’s long-term price? And could more companies adopt similar tactics?
Create a post with #MicroStrategyAcquiresBTC or the $BTC cashtag and check-in to earn Binance points.
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