The post Altcoins Prepare for a Fine Upswing: Can They End the 2023 Trade on a Bullish Note? appeared first on Coinpedia Fintech News
The crypto markets have been experiencing a roller coaster ride since the start of the month and are expected to forecast a similar trend. The Bitcoin price has regained its position within the bullish levels, and hence the altcoins are also gearing up to lift the markets above the bearish claws. Besides, the token is approaching crucial resistance, and a rise beyond these levels may begin a fresh bullish case soon.
As the Bitcoin breakout is expected to occur in the days ahead, some altcoins are accumulating strength to trigger a bullish breakout very soon.
Polygon (MATIC) Price Analysis
The Polygon price in the weekly chart is entering the last phase of consolidation within a symmetrical triangle, indicating a rise in volatility soon
The StochRSI has displayed a bearish divergence that suggests the price could undergo a minor pullback
Therefore, the
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