Crypto analyst Ali sees bullishness in MATIC’s orbit. Crypto analyst Godfrey Benjamin talks about BabyDoge’s positive mood. According to analyst Filip L, the price of this altcoin is about to explode 60 percent above $3. Evai’s CEO, Matthew Dixon, says Solana is poised for an upside move. According to analyst David, GRT is showing a bullish signal. Analyst alias Crypto Tony suggests that PEPE is poised to explode.
Mother list has positive predictions for this altcoin
According to popular crypto analyst Ali Charts, the TD Sequential indicator on Polygon (MATIC)’s 3-day chart gave a buy signal, indicating a positive outlook.
MATIC 3-day chart / Source: Ali / TwitterIn addition, the analyst expressed his optimism, pointing out that the price of this altcoin could rise to significant levels. According to his analysis, it is possible for MATIC to potentially go up to $0.94 in the coming days. There is even a possibility that it could go up to $1.05. The TD Sequential tool is of great importance as it can accurately determine the timing of trend exhaustion or reversal.
So BabyDoge is ready to rise!
Many meme-coins often find new ways to introduce a new utility or feature and make their community a formidable one in the industry. BabyDoge, on the other hand, has an insatiable outlook on bringing innovations that will benefit its users. However, this time it is preparing to launch the 0% transaction fee feature on Ethereum. This important development is likely to be a bullish catalyst for the meme coin.
ETH with 0% fees go live today đź‘€#BabyDoge pic.twitter.com/f8zmAdcy4L
— Baby Doge (@BabyDogeCoin) May 16, 2023
cryptocoin.com As you can see from , the proposal to apply 0% of the transaction fee has been one of the most discussed topics in the BabyDoge community lately. BabyDoge’s new 0% fee feature will be crucial to help its massive adoption by users regardless of their economic status.
This altcoin is ready to explode 60 percent!
Lido DAO price is heading towards a very solid performance with 10% gain already recorded for this week. Apparently, the bulls are back for revenge. Thus, it has already erased all losses in the month of May. If the bulls play this right, it could be the best rebound move of the year. Therefore, LDO is poised to outperform some of its peers in this process.
LDO first needs to take the bears’ selling pressure away from $2.20, where they are building a stronghold around this historically crucial level and the nearby 55-day SMA. With the bullish performance setting the tone for this week, we expect to see this level break down later on Tuesday and the bulls move towards $2.60. The rally is likely to continue into July with a few catalysts to push LDO higher and push towards $3.37.
LDO 4-hour chartA downside threat is possible with another rejection at $2.20. It can also be one of the tail risks, such as repeated banking turmoil in the US or debt ceiling negotiations. In this case, wait for a leg to drop that is doubtful of holding $2. Instead, look for $1.85 as a circuit breaker and the 200-day SMA between $2 and $1.85 to slow any drastic decline, depending on the severity of the tail risk or catalyst.
SOL looks ready for a major rally
According to Matthew Dixon, CEO of AI and machine learning-focused crypto rating platform Evai, Solana (SOL) looks poised for an upside move. Dixon predicts SOL will rise from the current price zone and move towards $35. It uses a graph analysis to show its prediction.
A number of options for #SOL but this "could" be nesting ready for upside movement soon. Positive to draw from this chart is that impulse appears to be to upside with downside corrections. No Divergencies identified as yet #Evai pic.twitter.com/oo8GAu66lQ
— Matthew Dixon – CEO Evai (@mdtrade) May 16, 2023
The altcoin has been floating in a sideways channel since reaching its annual high of $27.12 on February 20, 2023. This price was derived from the rebound after SOL had surged 180% at the start of the year. According to TradingView data, SOL has followed a sideways trend since then. The altcoin did not go above $ 27.1, nor did it fall below $ 16.01. Taking a closer look at the trend within the trend, Dixon says that the horizontal pattern of the SOL contains an upside impulse with downside corrections. He also states that there are no deviations in the chart yet. Based on these factors, he predicts SOL is poised for an upside move.
This altcoin shows bullish signal
Graph (GRT) price was rejected at the $0.175 resistance level during the week of April 16-April 23. Thus, it retested the key support level of $0.105 last week after forming an engulfing candlestick pattern. When we combine this level with the low reached by the GRT during the week of 6 March – 13 March, we can observe the presence of a double bottom formation (blue arrows). This is usually a bullish pattern that leads to a trend reversal.
Also, the bullish divergence in the RSI indicator accompanies it. This further increases its importance. Therefore, there is a possibility that the altcoin price is currently limited in the $0.105 to $0.175 range. If so, it is possible for GRT to retest the range resistance at $0.175 in the near future.
Meanwhile, the altcoin price is likely to have completed its correction phase. The closest targets are $0.148 and above $0.175. However, this bullish view will be invalidated if the price drops below the key $0.105 support level.
PEPE is ready to explode
The meme token has been trading mostly sideways since the start of the week. However, analyst alias Crypto Tony predicts that PEPE will begin to enter an “Adam & Eve reversal pattern.” A trend is a bullish chart pattern in technical analysis. It consists of two different parts, “Adam” and “Eve”.
A fast, sharp decline first (Adam) followed by a more gradual curved bottom (Eve) indicates a potential trend reversal from bearish to bullish. PEPE started rising in early May and rose 348% in two days. However, the altcoin has gained relatively little value since the weekend. Currently, PEPE is about 61% down from its all-time high 11 days ago.
