|

Crypto News

Polygon (MATIC) and Solana (SOL) Experience a Downtrend, While Sparklo (SPRK) Predictions show an Uptrend

Author

Jay Solano

Tags

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Reading time

3 mins
Last update

sprk

Join our growing community


Due to the fall of BTC, other cryptocurrencies are being held below their immediate resistance levels. As a result, the value of Polygon (MATIC) and Solana (SOL) have dropped dramatically and predictions show a further possible decline. 

However, other tokens predictions show an uptrend; Sparklo (SPRK) happens to be one of them as experts predict a 4,000% increase before the end of 2023. 

Polygon (MATIC) Price Predicted to Remain on the Downtrend

Polygon (MATIC) is still firmly under the bears’ grasp in the short term, as any attempt at a rise is being met with a sale on their part. 

The Polygon (MATIC) to USD pair’s next likely low is $0.94, which is expected to serve as solid support. If the price sharply rebounds back off this level, buyers will aim to move the pair above the moving averages once more. 

If they are successful, the pair may cross the resistance line. Buyers will need to push the price above this level in order for a potential rebound to $1.30 to commence.

Another possibility is that the price falls below the $0.94 level of support. The pair will thereafter be in a position to fall toward $0.69.

Solana (SOL) Price Analysis Predicts a Bearish Run 

The bears have maintained their attack and have prevented Solana from staying above the 20-day EMA Solana (SOL) ($22.30), despite the bulls’ attempts to defend the 50-day SMA ($21.26).

The  Solana (SOL) pair might crash below $18.70 if the 50-day SMA support crumbles. The bulls will make an effort to hold this level, but if they are unsuccessful, the pair may continue to fall toward the crucial support at $15.28.

On the other hand, a rise in price that surpasses the 20-day exponential moving average (EMA) would indicate that the bulls are attempting to convert the downtrend line into support. After that, the pair might try to rally toward the overhead resistance at $27.12.

Sparklo (SPRK) Predictions Show a 4,000% Increase 

The idea of turning investments in precious metals like silver, gold, and platinum into fractionalizing NFTs makes Sparklo a cutting-edge investment platform. 

The platform gives users the chance to invest in genuine high-end assets, with each investment producing a fractionalized NFT. If users opt to buy the entire NFT, they can have the asset transported to a place of their choice. 

Sparklo investment platform has passed an audit by Interfi Network; this proves that the platform is secured.  

According to Sparklo’s tokenomics, a maximum amount of 1,000,000,000 tokens will be distributed, with 60% going to the presale. The presale is currently ongoing priced at only $0.015 per token. 

Participants in the presale have early access to this revolutionary digital asset, increasing the likelihood of enormous rewards as the project gains popularity.

Sparklo is also assisted by a devoted and knowledgeable group of developers and business specialists who are committed to seeing the project through to completion.  

To Learn more about Sparklo, Visit; 

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Buy Presale: https://invest.sparklo.finance