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MATICUSDT

How traders can make money on the ZK narrative?The ZK narrative is one of the most trending topics at the moment. Many users are waiting for the release of ZKSync and StarkNet, which will bring new value and applications to the crypto space. The launch of ZKSync and StarkNet, may force the market to reassess the current Rollup projects, which will positively affect the price of their tokens. So, we can make a conclusion that you need to keep your finger on the pulse about ZK and Rollup projects and know which projects can go up. In this idea, we will list the most interesting projects , which can benefit from the ZK narrative and bring traders maximum profit. We'll also mention our thoughts how to get more profit. The projects list 1. $MATIC It is the most obvious project, which in addition to its main products, also has ZK solutions. Also, $MATIC has advantages as it fits into several interesting narratives. We can say it's a versatile asset. 2. $ROSE Layer 1 network with initial rollup support and privacy at the smart contract level 3. $AZERO Layer 1 blockchain built on the more productive DAG consensus mode. It integrates the ZK technology into its solutions. 4. $SYS A double-chain solution running on EVM and BTC concepts. EVM chain is based on rollup and ZK support solutions. 5. $METIS Layer 2 network based on the optimistic rollup concept. 6. $MINA Layer 1 blockchain using ZK-SNARK technology. 7. $LRC Layer 2 ZK rollup, designed to optimize trade and payment. 8. $IMX Layer 2 network created for NFT, using STARK ZK-rollup solutions. 9. $MUTE DeFi platform on ZK Rollup technology 10. $BOBA Layer 2 solution, based on Optimistic Rollup 11. $SKL A competitor to all Rollup solutions due to its unique technology of launching separate blockchains to meet the needs of the audience 12. $FIRO Project that created solutions to burn native tokens and get new pure tokens without transaction history 13. $PIVX Financial data protection solution plan to integrate ZK-SNARK solutions. 14. $ZKS DEX, which uses the ZK technology. How can you make a profit? 1. Watch for updates within the narrative and announcements from the main stars of this trend, ZKSync and StarkNet, the closer the token's release to the market, the more projects will react to it 2. Look for new projects developing Dapps that have not yet released their token. 3. If your strategy and risk management allows you to buy, allocate a part of your deposit and diversify it between tokens of projects you like. Conclusion The ZK and Rollup trend is one of the most interesting and discussed at the moment, but it's not the only one. There are also a few more promising narratives we will tell you about soon. Share your thoughts about these projects in a comments section and check links in our bio. Thanks for reading
by Samura0x
3
The birth of a new strongman???Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) If price stays above the uptrend line (1), it is expected to renew a new ATH. It seems to be a coin with a very high possibility of becoming a new powerhouse. Therefore, it is necessary to check the movement of coins (tokens) related to the Polygon coin ecosystem. ---------------------------------------- ------------------------------------------ (MATICUSDT 1D chart) The question is whether it can break the uptrend line by moving higher above 1.3340. If not, you should check for support around 1.0731-1.1688. If it fails to move above 1.3340, a pullback towards 0.8647, near the lower end of the rising channel, is likely. So, you need to see if there is any movement coming out of the uptrend channel. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
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by readCrypto
2
MATIC is at Resistance, Will We See a Breakout?MATIC is currently at the $1.32 resistance. Can it break through and head toward the all-time high? About MATIC: Polygon (MATIC) is a blockchain platform that provides Ethereum compatibility through its Layer 2 scaling solution. It aims to solve scalability issues in the Ethereum network, and make it easier for developers to build and deploy decentralized applications (dApps). Polygon has been making waves in the cryptocurrency world due to its innovative approach to solving the scalability issue and its potential to revolutionize the Ethereum ecosystem. MATIC, a Different Cryptocurrency MATIC has been behaving differently from the rest of the cryptocurrency market. Unlike other cryptocurrencies that reached their lowest levels in November following the FTX crash, MATIC hit its lowest level in June 2022. This shows that MATIC has been resilient and has followed a different trend than the rest of the market. After reaching its lowest level, MATIC has been mainly ranging between $0.70 and $1.00 from July 2022 to January 2023. However, at the end of January 2023, it broke above this range and is now heading toward the $1.32 resistance level. If MATIC successfully breaks this resistance, it will likely head toward its all-time high of $2.91. However, if the resistance holds, MATIC will head toward the $1.00 support level. Additionally, there are 2 more support levels at $0.70 and $0.30, but it is improbable that MATIC will reach the $0.30 level considering the current market conditions. The key to predicting the future price of MATIC is to keep a close eye on how it behaves at the current resistance level. Looking Ahead: Polygon (MATIC) is a promising project that has the potential to revolutionize the Ethereum ecosystem by providing a scalable solution. With its strong performance, MATIC is a cryptocurrency worth keeping an eye on in the coming months.
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by cryptohopper
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MATIC: Approaching ResistancePolygon (MATIC) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($0.75-$1.00), trends have reversed to Uptrend and price is near another major resistance zone at $1.30. wait for price to 1) break above $1.30, or 2) pull back near $1.00-1.10 support for swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $1.00 (previous resistance), then $0.75. The nearest Resistance Zone is $1.30.
MLong
by altFINS
MATIC holders, still 23% of potential profit !#MATIC / USD Update: $MATIC is currently trading at $1.33 According to Coinlion Trend Trader Indicator, MATIC is currently bullish (he is in the ascending channel since July 18th 2022) Entry point : $0.86 Profit Point : $1.64 (93% profit) The next possible target would be the top of the channel at $1,64 (23% profit more) What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me when to enter short or long, when to exit and when to take profit :-) Thank you.
Long
by Coinlion_TT
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and reached first target with 48%. So you can manage your positions and it's better to save profits because of major resistance, divergence in RSI and market's sentiment. Then continue to reach the second target. The targets will be 1.6 and 1.7 . Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
MLong
by ArashBanakar
3
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT, on a one-day timeframe. First, we will use the yellow lines to mark the uptrend channel in which the price is currently moving. Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $1.11, the second support is at $0.95, then we have support from $0.83 to $0.71, then the price may drop to around $0.53. Looking the other way, we see that the first strong support is at $1.45 and then we have support at $1.75. However, before that, the price must maintain the level of $ 1.31 at which it turned back last time. Take a look at the CHOP index, which indicates that the energy is being used for an upward move, the MACD indicates that we are moving in an uptrend, while the RSI is moving in the upper range, which may indicate an imminent rebound.
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by cryptodailyuk
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