Cardano

Bitcoin

Resistance

Polygon

Avalanche

<ul class="news-points"> 
 <li><strong>MATIC held support at $0.59 and the price could rise to $0.68 depending on the RSI.</strong></li> 
 <li><strong>While ADA retraced slightly, the positive MACD might water down reappearing resistance.</strong></li> 
 <li><strong>AVAX’s volatility tried exiting contraction and could be overbought at $12.26 without the AO backing.</strong></li> 
</ul> 
<p>Polygon (MATIC), Cardano (ADA), and Avalanche (AVAX) were the biggest gainers out of the top 20 tokens in the last 24 hours. This rise has been possible due to the resurgence of Bitcoin (BTC) over the previous few days.</p> 
<p>Furthermore, the coin’s return <a href="https://coinedition.com/bitcoin-returns-above-25k-amid-uncertain-fundamental-factors/">above $25,000</a> and breaking the $27,500 resistance has pushed it into an upward momentum while the broader market followed the same direction.</p> 
<h2 class="wp-block-heading" id="h-matic-beats-resistance">MATIC Beats Resistance</h2> 
<p>Out of the aforementioned three, MATIC gained the most. As bullish sentiment gradually returned, the token reached a 7-day high of $0.65.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="1032" height="710" src="https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2.png" alt="" class="wp-image-302849" srcset="https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2.png 1032w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-300x206.png 300w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-254x175.png 254w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-380x261.png 380w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-768x528.png 768w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-570x392.png 570w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-102x70.png 102w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-129x89.png 129w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-208x143.png 208w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-647x445.png 647w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-359x247.png 359w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-349x240.png 349w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-240x165.png 240w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-307x211.png 307w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-269x185.png 269w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-118x81.png 118w, https://coinedition.com/wp-content/uploads/2023/06/Matic-1-2-109x75.png 109w" sizes="(max-width: 1032px) 100vw, 1032px">
  <figcaption class="wp-element-caption">
   MATIC/USD 4-Hour Chart | Source: TradingView
  </figcaption>
 </figure>
</div> 
<p>From the chart above, MATIC was able to <a href="https://coinedition.com/matic-surges-as-polygon-unveils-polygon-2-0-and-value-layer-upgrade/">build</a> on the $0.59 support and cross the $0.62 resistance between June 18 and 20. This also coincided with the time Bitcoin rose above the $27,500 resistance.</p> 
<p>If MATIC demand increases, there is a good chance that the token might rise as high as …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/matic-avax-ada-may-hit-these-points-if-bitcoin-surges-above-29000/">MATIC, AVAX, ADA May Hit These Points If Bitcoin Surges Above $29,000</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

MATIC, AVAX, ADA May Hit These Points If Bitcoin Surges Above $29,000

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