AVAX Price Action: From $24 to ATH and Beyond!In this video, I break down the AVAX/USD price action as it unfolds exactly as predicted months ago. From the $24 touch-and-go zone to blasting through $34 and heading toward $65, the momentum is undeniable. With the first target (+150%) nearing the previous ATH, we could see a potential 5x return from current prices if the momentum continues and ATH resistance breaks. Join me as I share my swing trading insights, strategies, and analysis for AVAX/USD, including key levels to watch and how to maximize gains in this exciting setup.
Gaming
Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022.
As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC.
Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come.
Local Support: $1.90
Major Support: $1.50
Current Resistance: $2.25
Much peace, love, health, and wealth.