Today the majority of cryptocurrencies have opened the market trading red. Bitcoin, the world’s largest cryptocurrency by market cap, has fallen by more than 2% and the second-largest cryptocurrency by market cap, Ethereum too, has dropped by more than 1% in the last 24hrs.
Amidst this downtrend, there is Tether USD, where the bulls are still holding on and has pushed the price by 0.01% over the last 24hrs.
Along with this, the overall global market cap has plunged by 2.87% trading at $1.97 trillion during the last 24hrs.
Analyst Sets Targets For MATIC, VET, GRT & ONE
Crypto analyst and trader, Michael van de Poppe has set targets for MATIC, VET, GRT & ONE. Let’s see what the analyst has got to say.
MATIC Price
The analyst starts with Polygon (MATIC), an Ethereum scaling solution and informs 580,800 Twitter followers that this cryptocurrency is getting closer to along. While he compares Polygon with Bitcoin, saying he is looking forward to purchasing MATIC at the 0.00003184 BTC level.
VET Price
Moving further, poppe talks about the supply chain management blockchain VeChain (VET). Pairing against Bitcoin, the analyst says that he would be interested in VET Price slightly above the 0.00000149 BTC level if the bullish signal is not seen
GRT Price
The next cryptocurrency that has caught the trader’s attention is the blockchain indexing protocol, The Graph (GRT). Paring against the US dollar, Michael van de Poppe alerts traders saying GRT could fail once the currency experiences a strong rejection at a key resistance level.
ONE Price
The last cryptocurrency Van de poppe talks about is Harmony (ONE), a smart contract enabled Blockchain. The crypto analyst says that he would be interested in taking a long position on the proof-of-stake Blockchain, ONE if this currency falls further when paired against Bitcoin.
Was this writing helpful?
Source: https://coinpedia.org/altcoin/matic-vet-grt-one-price-are-heading-towards-this-level/