Polygon is struggling and Shiba Inu may rally; Pullix presale sells 10m PLX
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Shiba Inu (SHIB) is building momentum and may rally. Conversely, Polygon (MATIC) is struggling below key resistance. Meanwhile, investors are exploring Pullix (PLX) in the ongoing presale.
Pullix sells over 10 million PLX
Pullix will create a vast ecosystem that can solve key liquidity and transparency issues in the TradFi space.
Combining some of the most influential elements found in centralized and decentralized exchanges can serve as a gateway to an all-in-one platform driven by its community.
- It will leverage blockchain technology and enable users to access yield farming.
- Users can stake the cryptocurrencies and access liquidity provisions.
- Users can then begin trading perpetual futures or contracts for differences (CFDs) while accessing a secure storage system.
- Anyone can also access an NFT Launchpad and a defi ecosystem, which will provide them with additional opportunities.
In stage 6 of its presale, PLX is available for $0.08.
Over 70 million tokens have been sold, with the project raising over $3.8 million.
Shiba Inu is building upside momentum
Shiba Inu shows bullish signs, with RSI trending above 50.
The recent upward trend indicates increasing momentum, although the 30-day average remains flat.
Trading volume has increased to over $102 million but remains lower than in December.
Despite this, Shiba Inu is still in the top 20 by market cap.
Some analysts predict SHIB to reach $0.000017 by the end of 2024.
Polygon struggling
Polygon is bearish with resistance at $1.
The 50-day SMA acts as the immediate support.
The AO histogram bars are flashing green, pointing to possible recovery efforts.
If support holds, MATIC could rebound and break above $0.90. After that, prices may rise to $1.44 by the end of 2024.
Summary
Shiba Inu is firm, while Polygon is still struggling. Meanwhile, Pullix has gained momentum through its presale, attracting over 3,500 holders and 11,000 users.
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