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Cardano (ADA)’s price might just be at the start of its upward momentum after it managed to rise after recovering from a drop. Polygon (MATIC) also showcased bullish performance in an upward momentum, which could push its value further up. They’re not alone, as Pullix (PLX) is also making significant waves with its blockchain ICO and could soon dominate the charts.
Pullix (PLX) to Feature Copy Trader and Remove KYC Barriers
Pullix (PLX) is an upcoming platform that is making waves in the TradFi space due to its unique approach. On top of its ecosystem, users will find a combination of the best elements seen in CEXs and DEXs while gaining massive liquidity.
Users will not be required to undergo any KYC procedures and can access it at any time. They can trade far more quickly, and with a higher level of efficiency without worries about price fluctuations. There’s even a Copy Trader functionality, where users can copy professionals and increase the performance of their portfolios.
🦎 It's official – Pullix is now listed on CoinGecko! 🚀
— Pullix (@Pullixmarkets) January 7, 2024
Link: https://t.co/L7cW3c1SJW
Make sure to head on over and add Pullix to your watchlists!
Like + Repost + Share a screenshot of $PLX on your watchlist below for a chance to win $100 in $PLX tokens!! 💸
Winner will be…
Other markets available on top of the platform will include perpetual futures and CFDs. For an additional level of security, it will also feature a vault. Here, users are able to retain full control over their private keys and can provide liquidity to automated market makers for fixed passive income. The project’s presale nearing the $4M mark as it raises over $3.66M, making this the most exciting new DeFi project of 2024. It’s now at Stage 6 of the presale, where a single PLX crypto is offered at $0.08. At launch, the altcoin is projected to surge in value by 100x.
Cardano (ADA) Briefly Breaks Past $0.60 Price Barrier -Can It Reach $0.9?
Cardano (ADA) breached the $0.60 price barrier during the week, fueled by the positive news of the Bitcoin ETF approval. Since then, the Cardano crypto has seen a double-digit surge and gained market share alongside other altcoins. The market is just getting started, and this is evidenced by the behavior of capital on a larger scale.
During the past year, the Cardano price saw an increase of 54.3% and found support at $0.52. The technical analysis suggests that this ADA price movement could carry on, and if it surpasses the $0.62 resistance point, it could soon surge to new heights. According to the Cardano price prediction, it can spike to $0.9232 by the end of 2024.
Polygon (MATIC) Breaks Past Major $0.80 Barrier – Can It Move Above $1 Soon?
Polygon (MATIC) is observing a bullish reversal pattern that hints at a potential surge if successful. The macro bullish outlook will, however, be invalidated if the Polygon price breaks under the $0.70 price point. It’s one of the few cryptocurrencies that rallied over the past couple of weeks and could soon shoot up further.
Given that the Polygon crypto is trading over $0.80, and its weekly peak was at $0.95, it could soon break above the major $1 price barrier. As it moves above the 200-day EMA, the whale volume could increase, and this could lead to new monthly highs. According to the Polygon price prediction, it can end 2024 at a value of $1.44.
Summary
Aside from Cardano and Polygon, another altcoin that can dominate the charts in 2024 is Pullix. With its vast ecosystem and unique offering, it could become one of the most exciting projects of the year.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
