📈 Analysis and Prediction (MATIC and ICP):
🖖 #MATIC/USDT - Cryptocurrency traders and analysts are optimistic about the prospects of MATIC. The daily timeframe indicates that the price trend is bullish. According to the price dynamics, #matic made a bullish breakout from the symmetrical triangle and the $0.95 horizontal area. Subsequently, it was tested as support (green icon). The daily RSI also aligns with the bullish outlook, as the indicator broke the trend line of bearish divergence (green color). If the upward trend continues, the token may grow by 55% and reach the next resistance level at $1.55.
👍 #ICP/USDT - Cryptocurrency traders and analysts are optimistic about the prospects of ICP. Technical analysis of the daily timeframe shows that the price increase since October has been entirely parabolic. Elliott Wave analysis suggests that the price is in the fifth and final wave of this parabolic rise (white color). Currently, the fifth wave is of the same length as the first one. As the altcoin trades within the horizontal resistance area, it is a potential level for forming a top. Additionally, the daily RSI has formed bearish divergence, which is also a sign of a potential top. However, the bearish divergence has not been confirmed yet. In the case of a bullish breakthrough, #icp may reach the next long-term resistance area at $22, located 50% above the current price.
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