A recent chart analysis based on the 4-hour candlestick shows a bearish engulfing pattern. This pattern is a strong sell signal, indicating that if the current support level fails to hold, further decline is expected. Specifically, if the current price level breaks down, it is likely to drop to $1.50. With trading volume increasing and selling pressure...
MATIC Cryptocurrency Report Recommendation: Sell Reasons for Selling: Ecosystem Funding Depletion: The MATIC ecosystem is experiencing significant financial strain, with funding sources drying up. This lack of capital is hindering further development and growth initiatives. Lack of Results Despite Longevity: Despite being in operation for over six years, MATIC...
If it receives support at around $0.18, it can receive support up to $0.5. Automata Network is a modular attestation layer that extends machine-level trust to Ethereum by leveraging optimistic rollups and zero-knowledge proofs in its Proof of Machinehood approach. The application-specific rollup allows on-chain verification for out-of-protocol computation, which...
Unique Concept, Sam Altman, AI Worldcoin is a new global cryptocurrency aiming to become the largest and most inclusive cryptocurrency network in the world by giving Worldcoin to everyone for free. Worldcoin has built a device called the Orb, which captures an image of a person's eyes and converts it into a short numeric code, making it possible to check if the...
Within about two years, the price could not rise due to selling pressure in the $6 to $8 range. If it breaks through that range, the price is expected to rise to the $15 to $20 range.