Bitcoin $97,120.1 price At the time of writing, it is at $96,500 and is moving back to the safe zone after the last big drop. Although the outlook for altcoins is good, the losses caused by the decline that has been going on for weeks have not yet been compensated. So, how many dollars does POL Coin target?
POL Coin Review
Polygon (POL) It was rebranded and was among the cryptocurrencies that marked 2021. Trump will take office soon and is expected to issue decrees regarding cryptocurrencies on his inauguration day. Not only does this show how much he cares about crypto, but it can also take away the ongoing pressure.
Ali Charts is currently POL CoinHe argues that it could be a good opportunity. In his market assessment shared a few hours ago, he wrote:
“POL is on the verge of a 40% move! All we need to do is wait for a sustained close outside the $0.47 to $0.41 range to determine the direction of the breakout.”
The analyst’s scenario says we will see a major move to either extreme. In a strong competitive environment, the increasing number of altcoins has caused many cryptocurrencies to fail to show the desired performance despite the increase in the total market value. This brings to mind that altcoins, which were the stars of the previous bull, may not do so well in this period. Time will tell which side POL Coin is on.
Ethereum (ETH)
ETH price Following the decline, it is trying to hold on to $3,200. It is worrying that the king cryptocurrency has not had its share of the general market sentiment, and although it has approached the resistance at $4,000 many times, it has not been able to overcome it. QuintenFrancois thinks this might not be such a bad thing.
“Ethereum
$3,241.9Interest in is at its lowest levels… But remember, the best deals come when everyone is asleep. ETH has been here before – overlooked, underestimated, and then skyrocketed. Are you paying attention?”
It is true that interest is extremely weak, and worse, since the decline in 2021, ETH does not give hope for the expected return. If performance remains weak after Trump takes office BTC We may see a new type of bull market that revolves around altcoins and is less involved.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
