Top Trader Says Solana (SOL), Polygon (MATIC) and Two Ethereum Rivals in Massive Danger if Support Crumbles - BitcoinEthereumNews.com
EthereumTop Trader Says Solana (SOL), Polygon (MATIC) and Two Ethereum Rivals in Massive Danger if Support Crumbles05 / 07 / 2022Balita ng Ethereum ng Bitcoin A popular crypto analyst and trader is warning that altcoins face more downward price pressure if the current support levels fail to hold. Pseudonymous na mangangalakal na Altcoin Sherpa nagsasabi ang kanyang 174,900 Twitter followers na Solana (SOL) poligon (MATIC), Pagguho ng yelo (AVAX) at Lupa (LUNA) are on the verge of losing their support levels. Ang analyst sabi ni that if the support levels of the four crypto assets crumble, other weaker cryptocurrencies could get obliterated. Solana, Avalanche and Terra are layer-1 decentralized application platforms and Ethereum (ETH) rivals while Polygon is a layer-2 scaling solution for ETH. “These levels are on the edge of getting lost. They better continue to hold or else it‘s going to be ’lights out for many altcoins. And these altcoins have held up better than others; the ones that are already dead might fall even more. SOL. MATIC. AVAX. LUNA.” The crypto strategist predicts a 33% fall for Solana if it loses support at $75. Pinagmulan: AltcoinSherpa / Twitter Looking at Polygon, Altcoin Sherpa expects MATIC to fall nearly 60% if it breaks support at $1.00. Pinagmulan: