🔴$DAI $LTC $MATIC Technical Updates & Analysis 🔴
Dai (DAI)
Dai is currently trading at $1.00, showing a slight decline of 1.28%. The major support level for DAI is at $0.99, which has been a crucial point for maintaining its peg1. On the resistance side, $1.01 is the key level to watch1. If DAI can maintain stability above $1.00, it will continue to serve its purpose as a stablecoin. However, any significant deviation below $0.99 might raise concerns about its stability.
Litecoin (LTC)
Litecoin is trading at $71.36, showing a modest increase of 0.34%. The major support level for LTC is at $65.00, which has provided a solid foundation during market corrections2. The key resistance level to watch is $75.00. If LTC can break above this resistance, it could see further gains. However, a drop below $65.00 might lead to a decline towards $60.00.
Polygon (MATIC)
Polygon is trading at $0.5146, experiencing a 1.18% rise. The major support level for MATIC is at $0.43, which has been a significant point for buyers5. The key resistance levels are at $0.60 and $0.70. Breaking above $0.70 could signal a strong bullish trend, while failing to hold above $0.43 might lead to a decline towards $0.35.
