Polygon (MATIC) Price Analysis: Potential Bullish Rally
– MATIC has surpassed the $0.53 support level and is trading at $0.55, indicating a 1.0% uptick in the last 24 hours.
– The daily trading volume for MATIC has surged by 31.31%, reaching $180 million.
– MATIC appears to be trading within a falling channel, with a potential for continued bearish movement.
– A descending triangle pattern within the falling channel suggests a bearish trend continuation.
– However, if the bulls leverage the double bottom formation, they can confirm a bull rally.
Wall Street Memes (WSM) Presale Final Stretch
– WSM has achieved significant success during its presale phase, amassing over $25 million in funds.
– The project has plans for an upcoming staking service and multiple Tier 1 exchange listings scheduled for September 27.
– The WSM token is priced at $0.0337, with the presale aiming for a target allocation of $30 million.
– The project has gained momentum across various platforms, including Instagram and Twitter.
– To celebrate the presale, a $50,000 airdrop event is being organized to reward active holders.
Procuring Wall Street Memes (WSM) Tokens
– Interested individuals can acquire WSM tokens using ETH, BNB, or USDT in ERC-20 or BEP-20 form.
– The total supply of WSM tokens is capped at 2 billion, with the allocation dedicated to the community.
– 50% of the tokens will be released during the presale, 30% for community rewards, and 20% for liquidity on exchanges.
Hot Take
Both MATIC and WSM are experiencing notable developments. While MATIC faces selling pressure and a potential bearish trend continuation, there is still the possibility of a short-term price upswing. On the other hand, WSM has gained significant traction during its presale phase and offers potential for explosive growth. The upcoming staking service and exchange listings further contribute to its appeal. Overall, these crypto assets present opportunities for investors, but careful analysis and monitoring of key support and resistance levels are crucial.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
