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news-imageJanuary 17, 2025

Analyst Says Top-10 Altcoin Has a Massively Bullish Setup, Maps Path Forward for Polygon, Ethena and Algorand

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
Publisher: The Daily Hodl
Sentiment: Positive
ALGO
POL

More News Articles

Positive
cover-imageInvezz
February 21, 2025

Algorand price prediction: here's why the ALGO token may surge

Algorand price remains under intense pressure after crashing by over 90% from its all-time high to the current $0.2585. Its market cap has crashed from over $12 billion at its peak to the current $2.1 billion. This article explores why the ALGO token price has crashed and why a rebound is likely.

Positive
cover-imageNewsBTC
February 19, 2025

Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.

Positive
cover-imageInvezz
February 17, 2025

Interview: ‘No single chain can serve as the backbone of a blockchain-powered internet,' says Marc Boiron of Polygon Labs

For Polygon Labs, the research and development arm of Polygon, 2024 was a breakthrough year, driven by Polymarket's mass adoption during the US presidential elections. 2025 kicked off strong as Polygon Labs partnered with Jio Platforms, the digital arm of Reliance Industries, to bring Web3 to over 450 million Jio users, boosting mass adoption.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

Polygon's Key $0.50 Resistance Level and Potential Market Impact

Polygon (POL) is currently navigating through a crucial price level, with the $0.50 range standing out as a key area that could determine its next major price movement. Recent on-chain data suggests that a significant portion of POL tokens has been accumulated in the price range between $0.364 and $0.509.

Negative
cover-imageThe Currency Analytics
January 30, 2025

Polygon (POL) Faces 44% Price Drop Amid Bearish Market Trends

Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.

Positive
cover-imageCrypto Daily
January 30, 2025

Crypto Price Analysis 1-30: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET, ALGORAND: ALGO, OPTIMISM: OP

Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.

Negative
cover-imageThe Currency Analytics
January 29, 2025

POL Holders Face Losses as Whale Sell-Offs Weigh on Polygon

Polygon (POL), the popular layer-2 scaling solution for Ethereum, is experiencing increasing bearish pressure. Recent data indicates that a staggering 93.5% of POL holders are “out of the money,” meaning they purchased their tokens at higher prices and are currently facing losses.

Negative
cover-imageThe Currency Analytics
January 26, 2025

Polygon Struggles: Bearish Trends and How Traders Can Navigate

Polygon's Ecosystem Token (POL) has been facing significant bearish pressure in recent weeks, with its value continuing to trend downward despite some brief moments of market optimism. As traders watch closely, the prevailing sentiment in the market has tilted towards caution.

Negative
cover-imageThe Currency Analytics
January 25, 2025

Polygon's Decline in dApp Volumes: What You Need to Know

Polygon (POL), a well-known layer-2 scaling solution, has been facing significant challenges recently, raising questions about its current valuation. As the token struggles with declining network activity, dApp volumes, and reduced investor interest, some analysts are beginning to question whether Polygon may be overvalued.

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