Polygon (MATIC) Is Likely Gain 60% As AVAX And VRA Bulls Should Wait For A Dip
Michaël van de Poppe informs that the Ethereum scaling solution Polygon (MATIC) is expected to offer a 60% gain if the proper entry price is around $1.
Request 02 – $MATIC
This looks ready to break upwards significantly.
Would be interested in buying around $1 for a retest and then it could run towards $1.60 quite easily. pic.twitter.com/IaiCc4jj2a
— Michaël van de Poppe (@CryptoMichNL) January 28, 2023
According to his prediction, it looks ready to break upwards significantly and would be interested in buying around $1 for a retest and then it could run towards $1.60 quite easily.
Avalanche, an Ethereum competitor, is also on the analyst’s radar (AVAX). Van de Poppe believes that AVAX bulls should wait for a dip to a demand level at $17.50 before getting long on the smart contract protocol.
Same point here. We could be looking at a case of continuation, but you’d definitely don’t want to chase the trade. Entries around $17.50 are doable.
Injective, a decentralized exchange mechanism, is next on the trader’s radar (INJ). Van de Poppe believes INJ, which has already gained around 40% in the last seven days, would not provide any workable possibilities until it corrects to $2.30 or $2.08 for longer-term trades.
I’d be interested for a bounce play at $2.30 and for swing plays at $2.08.
He tweeted
Finally, Van de Poppe examines Verasity (VRA), an Ethereum-based altcoin aimed at the e-sports, gaming, non-fungible token (NFT), and video industries. He believes that, while VRA appears to be very strong, bulls should wait for a 40% decline down to the $0.004 region before entering a trade.
This one looks strong and made a massive 250% run already. Through that, I’d be patient on entering honestly. You’d be interested once a correction takes place towards $0.004. That’s the region for me before a new expansion upwards happens.
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