- Polygon (MATIC) price has a robust support base at around $0.918.
- FLOKI price could rise further as the memecoin begins trading on Binance.US.
- Dione (DIONE) price hit a new all-time high on 24 April 2023 and could make news upward moves amid price discovery.
Bitcoin (BTC) price began Monday with bulls battling to hold onto recent gains above the $27k level, with analysts predicting the benchmark cryptocurrency risks a retest of support at $26,500. With the gains made following the rally to $31k shed over the past few days, traders are looking for potential trades in the altcoin market.
But what is likely to happen if markets continue to dump? Here is a crypto price prediction outlook for Polygon (MATIC) Floki (FLOKI) and Dione (DIONE).
MATIC price prediction: Polygon major support at $0.91
The price of Polygon (MATIC) dipped below $1 on Monday as selling pressure for the 10th ranked crypto by market cap saw 140 million MATIC transferred to crypto exchange Binance. Whale Alert highligted one such transaction.
🚨 🚨 🚨 60,000,000 #MATIC (59,472,041 USD) transferred from Polygon Staking to #Binancehttps://t.co/2m1PJNgY2a
— Whale Alert (@whale_alert) April 24, 2023
MATIC price also fell as total liquidations for crypto rose 107% to over $89 million in 24 hours, with about $744,000 of this for Polygon.
While MATIC/USD has moved back to near $1 at the time of writing, on-chain data suggests robust support lies around $0.918. A dip to these levels is possible, although a sentiment flip at this major demand reload zone will aid MATIC’s new bullish momentum.
Market data and intelligence platform IntoTheBlock shared the details below about Polygon’s on-chain activity.
“MATIC is back under $1. Let’s take a look at the on-chain activity: 32.56k addresses purchased MATIC at an average price of $0.918. This suggests that if prices return to those levels, investor interest may pick up once again.”
$MATIC is back under $1. Let’s take a look at the on-chain activity: 32.56k addresses purchased MATIC at an average price of $0.918. This suggests that if prices return to those levels, investor interest may pick up once again. #MATIC #Polygon pic.twitter.com/E66AJ9i0U6
— IntoTheBlock (@intotheblock) April 24, 2023
FLOKI price prediction: Floki rips as Binance.US lists FLOKI
FLOKI (FLOKI) price was up more than 33% at the time of…
Click Here to Read the Full Original Article at CoinJournal: Latest Bitcoin, Ethereum & Crypto News…