Altcoins

Cardano Price & Matic Price Leap Long, Where Will They Land Up?

Highlights

    Cardano Price is spiking high and an inch close to smash the next milestone at $2 shortly.

    On the other hand Matic Price resumed its bull run, heading strongly towards $1 initially and aim to fly high later

Cardano Price Close To $2

Cadano is one such asset which took its own time to raise above the odds and smash the previous highs. The ADA price was just above $0.1 at the beginning of 2021 and yet rose like a monster to mark the ATH at $1.83. 

Despite a small correction, the Cardano price sustained strong above the support levels at $1.7. The price is all set to surge high to smash the current ATH and eventually head towards the next set target at $2.

ada price

At the time of writing, the price is $1.74 with a drop of just 0.61% compared to the previous trading day. However, the price is poised to manifest a V-shaped recovery to hit the upper resistance level around the ATH. 

Technical Specifications

  • The resistance levels are formed at $1.83, later the price may enter discovery mode
  • The support levels are formed at $1.602 
  • The indicators point out towards a buy signal

Also Read: Ethereum Price & Gas Fees Soar High, Will The Bull Run Continue?

Polygon (MATIC) Price Back On Track

The majority of the crypto space was hit hard as most of the crypto assets plunged hard with a huge margin. However, since the early trading hours, the polygon price gained  the lost momentum and initiated a recovery.

The price yet again had refined the positions above $1, yet only for a short period of time. And hence the price again dropped to the current levels. However, the price resumed with the bull run following a ‘V-shaped’ recovery.

matic price

At the time of writing, the matic price is $0.9276 with a gain of 0.75% in the past 24 hours. The price despite a small pullback, yet pickled up well, heading strongly towards $1 very soon. However the polygon price is poised to rally hard to attain the levels above $1.

Technical specifications

  • The resistance level for Polygon price is at $1.02
  • The support levels are at $0.75
  • The indicators for the matic price point out at a buy signal

Also Read: XRP Price Manifest A 2017 Like Warm-Up Rally, $6 Approaching Fast

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Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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