VeChain

Cardano

Polkadot

Bonk

Polygon

<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p> 
<p class="is-style-lead">Polygon (MATIC) has been strong lately, boosting various projects in its ecosystem.&nbsp;On the flip side, Polkadot (DOT) is displaying bearish signals, and prices might dip, according to analyst Ali Martinez.&nbsp;Meanwhile, Pullix (PLX) is gaining attention for diversification, especially in the ongoing presale.</p> 
<h2 class="wp-block-heading" id="polkadot-under-pressure">Polkadot under pressure</h2> 
<p>DOT is under pressure, as highlighted by analyst Ali Martinez, who shared a TD Sequential sell signal on X.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Polkadot?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Polkadot</a> | The TD Sequential indicator flags a sell on the weekly chart for <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$DOT</a>, just as it hits a key resistance at the 100-EMA.<br><br>This could lead to a spike in profit-taking, potentially driving <a href="https://twitter.com/hashtag/DOT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#DOT</a> down to $7.50. <a href="https://t.co/3emT3apHiR" target="_blank">pic.twitter.com/3emT3apHiR</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1738938581094420582?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 24, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The signal indicates a potential reversal in the price trend.&nbsp;</p> 
<p>The weekly chart shows the completion of the TD Sequential setup with green candles. At the same time, the 100-day EMA, a historically resistant level, suggests a possible profit-taking spike, leading Polkadot down to $7.50.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/polkadots-q3-treasury-data-shows-61-increase-in-expenditure/"> Polkadot’s Q3 treasury data shows 61% increase in expenditure </a> </p> 
<p>Due to this bearish prediction, investors are exploring alternative projects.</p> 
<h2 class="wp-block-heading" id="matic-rising-on-polygon-ecosystem-s-growth">MATIC rising on Polygon ecosystem’s growth</h2> 
<p>Polygon is on the rise thanks to its advanced technology and growing ecosystem.&nbsp;</p> 
<p>Four top 15 roll-ups by total value locked (TVL) and adoption are built using Polygon’s <a href="https://crypto.news/polygon-hits-2023-peak-in-transaction-volume/" data-type="post" data-id="14216561">zk-technology stack</a>.&nbsp;</p> 
<p>This news, shared on X, has sparked investor interest, and MATIC’s price has soared 33% in the past month and from $0.83 to $1.08 in the past week.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/sandeepnailwal/status/1739359322193138029 
 </div>
</figure> 
<p>Experts predict MATIC could reach $1.85 by the end of 2024.</p> 
<h2 class="wp-block-heading" id="pullix-rises-to-0-07">Pullix rises to $0.07</h2> 
<p><a target="_blank" href="https://pullix.io/" rel="noreferrer noopener">Pullix</a>&nbsp;is a trading exchange bridging centralized and decentralized platforms by offering the best features of both.&nbsp;</p> 
<p>It solves liquidity issues by incentivizing user contributions to the ecosystem, enabling more competitive pricing to attract traders.</p> 
<p> You might also like: <a href="https://crypto.news/pullix-presale-sparks-interest-from-cardano-and-bonk-enthusiasts/"> Pullix presale sparks interest from Cardano and Bonk enthusiasts </a> </p> 
<p>Pullix provides institutional and slippage-free trading with high liquidity. Trades are executed via an off-chain order book for faster speeds.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">We are delighted to share that the Pullix presale has officially entered Stage 5 after successfully selling out our entire Stage 4 allotment ahead of schedule.<br><br>This significant milestone could not have been achieved without the tremendous support of our visionary community.… <a href="https://t.co/l6U1it0I7C" target="_blank">pic.twitter.com/l6U1it0I7C</a></p>— Pullix (@Pullixmarkets) <a href="https://twitter.com/Pullixmarkets/status/1740666686754169310?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 29, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Traders who stake PLX get bonuses and passive income through yield farming. A 0.25% fee on trades goes into the Pullix pool.&nbsp;</p> 
<p>PLX gained from selling these LP tokens is distributed proportionally to PullixLP holders for rewards.</p> 
<p>The PLX presale is currently in stage 5, trading at $0.07. However, analysts expect more growth on launch.</p> 
<h2 class="wp-block-heading" id="summary">Summary</h2> 
<p>Pullix, Polkadot, and Polygon may rally in the future. Of note, PLX may rise because Pullix has deep liquidity, high leverage of up to 1000:1, and zero commission rates with tight spreads.&nbsp;</p> 
<p><strong>For more information on Pullix’s presale, see the links below:</strong></p> 
<p><a target="_blank" href="https://pr.pullix.io/13tcor" rel="noreferrer noopener">Visit Pullix</a></p> 
<p><a href="https://linktr.ee/pullix" target="_blank" rel="noreferrer noopener">Join The Pullix Communities</a></p> 
<p> Read more: <a href="https://crypto.news/vechain-and-polkadot-holders-seeking-opportunities-in-ongoing-pullix-presale/"> VeChain and Polkadot holders seeking opportunities in ongoing Pullix presale </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Polkadot bearish; Polygon and Pullix uptrend continues

Table of Contents

crypto.news

Other articles published on Jan 3, 2024

MicroStrategy's Bitcoin Now Sits At $2.65 Billion Profit

How to Use Midjourney for Free?

Bitget stacks workforce amid growing interest in Bitcoin, BRC-20 tokens

Elon Musk’s startup named XAI bags Binance listing

5 Altcoins on Fire: Can SEI, ARB, HBAR, RUNE, and GMX Sustain the Rally?

Bitget Coin Price Support Stayed Intact; Will BGB Reach $1 Soon?

Join our free newsletter for daily crypto updates!