Price Analysis

MATIC Price & ADA Price Tanks Hard, Who Will Make It To $2 First?

Cardano Price Ready For New Yearly Highs?

Cardano price, in the recent days drove slow yet steady price movements, eliminating large fluctuations. However, the price since the last trading day, flipped to an extensive downtrend by dropping nearly 15% to 20% of the price.

Despite the slide, the price still is expected to rally high with an extreme bullish trend to reach new highs. As predicted by a popular analyst Micheal van de Poppe, the ADA price paired with Bitcoin is all set to record new highs.

Also Read: Cardano Price Eyeing 10% Upswing! Is ADA Price Set to Hit $2.00 Today?

Matic Price May Slide More Before A Leg Up

Matic price is considered among the trusted assets as it is capable of recovering losses at a greater pace. The recent price movements points out towards the loss of trader’s interest. As the selling pressure continues to mount for the second consecutive day.

The price, no doubt, has sustained above $1.5 yet the fresh slump pulled the price below $1.45. The analyst, Micheal also predicted the Matic price and predicted the price may slump to  $1.05.

As said by the analyst, the price failed to sustain at $1.77 and on the way to test the critical support at $1.05. If failed the next levels may be around $0.77 and hence creating a buy zone. Regardless of the current trend, the price is still expected to rise high and hit their respective resistance levels initially.

Both the assets record their ATH above $2 and are self-assured to reach these levels soon. Yet the race between the two to reach the target may be more interesting as Matic price is known for quick recovery and Cardano price for stability. 

Also Read: $MATIC Price Might Explode From long Consolidation, Eyeing 25% Upswing

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.

Recent Posts

Cardano Price on the brink of an explosion! Is ADA Price due for big upside?

Following yesterday's market-wide meltdown, Cardano momentarily fell below $2. The bulls, on the other hand,…

39 mins ago

Avalanche Price Prediction: Will AVAX Price Hit $100 in 2021?

The Crypto market has seen tremendous growth over the past few years. Especially this year…

6 hours ago

What Awaits For The Crypto Market This Thursday

The crypto market after a slight relief is again falling into the bearish trap. Bitcoin…

9 hours ago

From Prime To Primepool, HT Holders Are Igniting The Market’s Wealth Effect

Since the launch of Huobi Token (HT) in 2018, platform tokens have become a popular…

12 hours ago

What Are Bitcoin Forks and How many Forks Does Bitcoin Have

Bitcoin is the first cryptocurrency created in 2009 by the anonymous Satoshi Nakamoto. Today, many…

13 hours ago

Cardano, Solana and Ripple Price Quickly Regained a Momentum! Know the Upcoming Future Trend

The crypto market experienced huge sell-offs on fears that the breakdown of China-based real-estate giant…

14 hours ago