Chainlink (LINK) is experiencing bearish momentum, and many are speculating if it can recover in value. Polygon (MATIC) is also volatile and could swing in either direction. Cardano (ADA) could soon experience a resurgence in value, but holders of these cryptocurrencies do not have what an upcoming presale stage project has.
Pullix (PLX) is moving rapidly upward with its presale, as it has sold over 80 million tokens due to its unique and rich feature set. Today, we will go over its performance to see how far it can rise.
Chainlink (LINK) Pushed Under $16 Again – Can It Recover?
The Chainlink (LINK) price is bearish on the charts, as it witnessed a 30-day decrease. The price is now spending time in a wide range, and buyers tried twice to break the higher Chainlink price range and expand it upwards.
However, Chainlink crypto sellers were active and succeeded both times in pushing the crypto under the $16 range. While it is currently above the 50-day EMA, the crypto still has time to reach new heights. The buyers near the EMA look reluctant to build fresh long due to fear of future sell-offs. According to the Chainlink price prediction, it can end in 2024 at $24.98.
Polygon (MATIC) Rises Just 7.5% – Is Further Growth Possible?
The Polygon (MATIC) cryptocurrency experienced strength in the past few days, as it increased by 7.5% in the weekly chart. Yet, the Polygon price has since experienced a decline. The Polygon crypto is now facing bearish pressure but the bulls are attempting to sustain the healthy upswing by attracting liquidity.
Its RSI is continuing to move upward, suggesting that the price could maintain an ascending channel for a prolonged time frame. According to the Polygon price prediction, it can end 2024 at $1.38.
Cardano (ADA) Sees 27.4% YTD Increase – To Reach $0.9102 by End of 2024
Cardano (ADA)’s price is confronting a formidable barrier as it aims to recover through initiating a rally. The Cardano price was moving upwards and showcased a 27.4% YTD climb.
According to analysis, large Cardano crypto holders might have something to do with the ADA moving north on the on-chain metrics. According to the Cardano price prediction, it will end Q4 of the year at $0.9102.
Pullix (PLX) innovates by bringing CEX and DEX elements together
Pullix (PLX) is an upcoming DeFi project that will introduce a Web3 marketplace where any investor will gain the opportunity to maintain full control over their cryptocurrencies. They will be able to maintain full access to their private keys, which can open the market for any asset, including cryptocurrencies.
Through a combination of the best elements in CEXs and DEXs, Pullix will introduce a hybrid approach and eliminate issues such as lack of liquidity and transparency.
PLX is an ERC-20 based token that’s at the center of the operations. Over 80 million tokens have been sold, and it has reached Stage 7 of its blockchain ICO. Here, a single PLX token trades for $0.10, and at launch analysts project a major upswing of 40x.
Polygon, Chainlink and Cardano are all struggling, but this is because they do not have what Pullix has. The project will feature liquidity provision, and e will offer institutional, liquid, and slippage-free trading to the DeFi community. These aspects will make it the go-to DeFi project for 2024.
For more information regarding Pullix’s presale see links below: