Crypto analysts are eyeing potential breakouts for MATIC and INJ tokens based on long-term technical patterns. MATIC shows a 1,218-day symmetrical triangle accumulation, reminiscent of its previous 20,000% rally. Meanwhile, INJ approaches a critical $30 resistance level, with multiple experts predicting an upside move
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Polygon (MATIC) Price Predictions
Alex Clay, a notable crypto analyst, believes MATIC has reached a generational bottom. According to Clay’s tweet, MATIC experienced a 630-day long channel accumulation, resulting in a 20,000% return.
Currently, it is undergoing a 1218-day symmetrical triangle accumulation. These formations often signal potential breakouts. Clay predicts targets for MATIC at $4.5, $7.1, and $9.75, indicating a double-digit growth potential.
Moreover, Clay to keep a portion of their investments for long-term gains, commonly referred to as a “moon bag.”
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Aqua, another voice in the crypto community, expressed bullish sentiments towards INJ. She believes a break above $30 could trigger further gains.
Aqua asserts that INJ’s chart is among the most bullish, with a potential 10x return. Her confidence is reflected in her substantial holdings in INJ.
This optimism suggests that INJ could be a lucrative investment opportunity, given the current market conditions and chart patterns.
Read also: Largest Ripple Holder Explains Why XRP Price Will ‘Explode’
INJ on the Verge of a Breakout
Satoshi Flipper, a crypto analyst, highlighted the technical setup of $INJ/USDT. According to his tweet, INJ is pressing against the daily falling wedge resistance. Falling wedges often indicate potential upward movements.
Satoshi Flipper’s analysis suggests that once INJ breaks this resistance, it could see significant price appreciation. His anticipation is palpable, as he describes the imminent breakout with a sense of urgency.
Conclusion
The crypto market continues to present lucrative opportunities, with MATIC and INJ showing promising signs. Alex Clay’s analysis of MATIC’s accumulation phases suggests substantial future returns. Similarly, Aqua and Satoshi Flipper’s insights into INJ highlight its potential for gains.
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