Trader Ali Martinez said the leading Ethereum (ETH)-sized cryptocurrency project could see double-digit gains over the long term.
Martinez says 46,800 followers on social media platform
“Polygon shows promising signs over the long term. The general pattern appears to be a multi-year symmetrical triangle.
If MATIC can hold a close above $0.96, it could signal the start of a bullish rally with a potential target of $1.73!”
Polygon is trading at $0.977 at the time of this writing, up about 38% over the past four weeks.
Switch to Bitcoin (BTC) as a cryptocurrency trader Called The behavior of the flagship digital asset’s biggest whales suggests they expect more upside.
“Crypto whale behavior is currently mixed, with some buying and others selling to take advantage of recent price movements.
However, if we focus on the largest group of whales holding between 1,000 and 100,000 BTC, there is a clear accumulation trend. This pattern is typical of a bull market and indicates a positive outlook for major holders.
They started buying BTC around $29,000 and accelerated their purchases when the price exceeded $46,000. “This collective action suggests confidence that the market can achieve further gains despite minor short-term corrections.”
At the time of this writing, Bitcoin is trading at $51,647.
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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
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