While the cryptocurrency market recovered slightly after the big drop, some cryptocurrencies performed very well. In this article, we have analyzed the Polygon (MATIC), Binance Coin (BNB) and Polkadot (DOT) charts from a technical point of view.
With the selection of the Ethereum layer-2 scaling platform Polygon to the “2022 Disney Accelerator” program based on the web3 technology of The Walt Disney Company, one of the world’s largest media companies, the project’s native cryptocurrency MATIC from 60% had a high rise.
MATIC Technical Analysis
With the big drop in the crypto money markets 0.31 MATIC, which regressed to the dollar levels, from where it fell with Bitcoin’s recovery and Disney news. 3 floor rose.
The crypto money, which touched the falling trend from 3 dollars, has not yet broken down.
Matic’s current resistance, downtrend is located 0.93 and 1.1 dollars up-to-date support $0.65 are levels.
BNB Technical Analysis
Continuing to price on an uptrend, Binance Coin is at the time of writing. from $261 is being traded. with resistance zone 240 dollars BNB, whose rise gained momentum after breaking the level of 310 dollars level is thought to be targeted.
BNB, the most used network last week, is more popular than Bitcoin. good performed well and approached its highest level in Bitcoin parity.
DOT Technical Analysis
A wedge formation appears on the daily chart of Polkadot (DOT), which is ranked as the 11th most valuable cryptocurrency by CoinMarketCap. The current resistance of DOT, which has broken this wedge with a volume candle 8.6-8.75 as levels. In case of exceeding these levels, the crypto money will be 1Reach up to $1.8 Waiting.
If it re-enters the wedge, the support level is $7.30 are levels.