Çokgen, Fantom Önemli Fiyat Hareketine Hazır

Polygon’s MATIC and Fantom’s FTM have shown a negative correlation coefficient over the weekend. The former appears to be bound for higher highs, while the latter could be about to enter a steep correction.

Polygon and Fantom Ready for Volatility

Volatility has vurdu the cryptocurrency market, and altcoins like MATIC and FTM look poised for significant price movement.

MATIC, Cumartesi günkü işlem seansının başlangıcından bu yana yaklaşık %13 artış göstererek etkileyici bir yükseliş ivmesi yakaladı. Yükseliş, Temmuz ayı sonlarında dört saatlik grafikte gelişen yükselen üçgenin kırılmasına olanak sağladı. Daha fazla satın alma baskısı, formasyonun Y ekseninin yüksekliğine bağlı olarak Polygon'un 27 dolara doğru %1.25'lik bir yükseliş trendine girmesine yardımcı olabilir.

Still, the Tom DeMark (TD) Sequential indicator presented a sell signal within the same time frame. The bearish formation developed as a green nine candlestick, indicative of a one- to four-candlestick correction. A spike in profit-taking could result in a downswing to $0.98 or $0.95 before the continuation of the uptrend.

Unlike MATIC, Fantom has undergone a 4.4% correction since the start of Saturday’s trading session. The downswing was caused by a rejection from the upper trendline of an ascending wedge developing on FTM’s four-hour chart. This consolidation pattern prevails that if prices close below the lower trendline at $0.38, a 17.5% downswing to $0.32 becomes imminent.

It is worth noting that Fantom would have to close decisively above $0.42 to invalidate the pessimistic outlook. Slicing through this resistance barrier could be seen as a sign of strength that encourages sidelined traders to re-open long positions, triggering a breakout to $0.49 or even $0.53.

Açıklama: Yazma sırasında, bu parçanın yazarı BTC ve ETH'ye sahipti.