Cardano Price Ready For New Yearly Highs?

Cardano price, in the recent days drove slow yet steady price movements, eliminating large fluctuations. However, the price since the last trading day, flipped to an extensive downtrend by dropping nearly 15% to 20% of the price.

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Despite the slide, the price still is expected to rally high with an extreme bullish trend to reach new highs. As predicted by a popular analyst Micheal van de Poppe, the ADA price paired with Bitcoin is all set to record new highs.

Also Read: Cardano Price Eyeing 10% Upswing! Is ADA Price Set to Hit $2.00 Today?

Matic Price May Slide More Before A Leg Up

Matic price is considered among the trusted assets as it is capable of recovering losses at a greater pace. The recent price movements points out towards the loss of trader’s interest. As the selling pressure continues to mount for the second consecutive day.

The price, no doubt, has sustained above $1.5 yet the fresh slump pulled the price below $1.45. The analyst, Micheal also predicted the Matic price and predicted the price may slump to  $1.05.

As said by the analyst, the price failed to sustain at $1.77 and on the way to test the critical support at $1.05. If failed the next levels may be around $0.77 and hence creating a buy zone. Regardless of the current trend, the price is still expected to rise high and hit their respective resistance levels initially.

Both the assets record their ATH above $2 and are self-assured to reach these levels soon. Yet the race between the two to reach the target may be more interesting as Matic price is known for quick recovery and Cardano price for stability. 

Also Read: $MATIC Price Might Explode From long Consolidation, Eyeing 25% Upswing