Is it the Right Time to Buy Polygon (MATIC) and Solana (SOL) at Lower Rates?

By Lola Coin Jun 26, 202368Views

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The crypto markets were expected to experience a significant upswing, but recent bearish activity has hindered this trend. This presents an opportunity to buy altcoins like Polygon (MATIC) and Solana (SOL) at lower rates. Despite the bearish pressure, Polygon has shown strength by remaining stuck at a crucial resistance level. This suggests that the MATIC price may trigger a bullish rebound and rise close to its yearly high. On the other hand, Solana has dropped below a crucial symmetrical triangle and is currently trading under a strong bearish trend. It is unlikely to see a rebound and is expected to reach lower price targets in the coming days. The rally strength for both tokens is not very high, making it difficult for bulls to overcome the bearish influence. Overall, MATIC is preparing for an upswing while Solana is likely to remain in a deep bearish trend.

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