Cardano

2024

Polygon

Coin

<ul class="news-points">
 <li><strong>An analyst predicted an exponential rally for ADA but suggested a possible decline for MATIC.</strong></li>
 <li><strong>Fresh demand for ADA could trigger an upswing toward $1.13, the Fibonnaci extension revealed.</strong></li>
 <li><strong>The MACD on the MATIC 4-hour chart indicated severe bearish momentum as the price might fall to $0.92.</strong></li>
</ul>
<p>According to analyst Ali Martinez, <a href="https://coinedition.com/cardano-ada-price-prediction/" rel="noopener noreferrer nofollow">Cardano (ADA)</a> could repeat its 2018 to 2021 performance this cycle, and breakout to $5. Martinez mentioned this in a March 16 post on X. However, the analyst explained that ADA might consolidate between $0.55 and $0.80 for a while.</p>
<p>After that, he noted that the price might jump to $1.70 before another consolidation period that foreshadows a rally toward $5.</p>
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">So far, <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Cardano</a> resembles the pattern observed from 2018 to 2021. <br><br>Should this fractal continue, anticipate <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> to consolidate in the $0.55 to $0.80 range in the coming weeks, followed by a surge to $1.70. After this upswing, expect a period of further consolidation, setting… <a href="https://t.co/46LIp2hkMx" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/46LIp2hkMx</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1769096425407721629?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 16, 2024</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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</figure>
<p>Another token Martinez focused on was <a href="https://coinedition.com/polygon-matic-makes-final-splash-can-matic-break-out-for-a-1-73-rally/" rel="noopener noreferrer nofollow">Polygon (MATIC)</a>. At press time, MATIC’s price had decreased by 8.02% in the last 24 hours. This left the val…</p>
<p>The post <a href="https://coinedition.com/is-buying-the-cardano-ada-and-polygon-matic-dip-a-good-option/" rel="noopener noreferrer nofollow">Is Buying the Cardano (ADA) and Polygon (MATIC) Dip a Good Option?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Is Buying the Cardano (ADA) and Polygon (MATIC) Dip a Good Option?

Coin Edition

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