Altcoins like Polygon (MATIC), Near Protocol (NEAR), and Shiba Inu (SHIB) are catching the eyes of holders and analysts. With recent positive news and technical signals, these three coins might see bull-run soon.
The crypto news is heating up once again as we approach the end of the month. Several altcoins are making headlines with their price movements and technical signals. Among them, three coins that have been on the radar of both holders and analysts are Polygon (MATIC), Near Protocol (NEAR), and Shiba Inu (SHIB). Could these coins be gearing up for a bull run in the coming days? Let’s explore and break down where MATIC, NEAR, and SHIB might be heading.
Fresh Presale: Minotaurus ($MTAUR) Tokens at a 70% Discount
The first contender for potential month-end growth is Minotaurus ($MTAUR). Right now, you can get $MTAUR tokens at a 70% price reduction during the presale. The tokens are currently priced at just $0.00005954, much lower than the listing price. This gives you a chance to join early and see ~236% growth post-listing (if chipping in at today’s price).
What makes it even more interesting? At the core of Minotaurus ($MTAUR) is a Web3 maze-running game. As a player, dodge obstacles, collect power-ups, and avoid monsters, all while trying to find your way out. $MTAUR unlocks the game’s perks like avatar customization and special in-game features. The community’s enthusiasm about this project is palpable so far.
The game offers a fun hyper-casual experience, and is perfectly in line with market demands. According to SensorTower, there were 5.9 billion downloads of such games from app stores in 2023. As casual gaming is growing, Minotaurus could be one of the projects to watch. To learn more and get involved, head over to its website.
Polygon (MATIC) Price Movements in Focus
Next up is Polygon (MATIC). This coin saw a price increase recently, helped by some good news. The MATIC news shows that the MATIC token has gone up 7.9% in the last week. MATIC’s price is now between $0.3937 and $0.4089. For those new to Polygon, Coindesk explains how it helps improve Ethereum’s speed and costs, making it popular.
Currently, the MATIC coin is above its 10-day moving average of $0.3911, showing strength in the short term. However, its 100-day moving average of $0.4803 shows that it still needs to recover more in the long run. The coin’s support level is $0.3114, while resistance sits at $0.5552 and $0.6906.
Looking ahead, analysts believe MATIC could test its resistance level if momentum stays strong. If it can break through $0.5552, the MATIC price prediction could be true and head toward $0.6906. However, if market sentiment turns negative, MATIC may fall toward its support level. The Relative Strength Index (RSI) of 50.5799 shows a balanced market right now. This means that Polygon crypto price could stay stable, but holders should watch for sudden changes.
Near Protocol (NEAR) on the Rise as Protocol Updates Roll In
Moving on to Near Protocol (NEAR). It has been quietly rising in the crypto market. In the last seven days, its price has gone up 5.6%. It’s now worth between $4.27 and $4.52. This price increase has pushed NEAR price close to its 100-day moving average of $4.729. The recent growth has been noted by AMBCrypto, which suggests this could be just the beginning for NEAR.
NEAR’s 10-day moving average is $4.177, showing short-term strength. Its key support level is at $3.027, while resistance sits at $5.144 and $6.250. Analysts think Near Protocol crypto could break the $5.144 resistance if the positive trend continues. But if the market weakens, the NEAR coin could fall back to its support level.
The NEAR crypto price may keep rising if the protocol continues to grow. Recent updates and partnerships are fueling more interest in the project. The NEAR crypto news show the RSI of 58.393 indicates that NEAR is nearing overbought levels, meaning a pullback might happen soon. Holders should watch for any price corrections.
Shiba Inu (SHIB) Signals Bullish Momentum with Whale Activity
As a wrap, let’s recap the latest Shiba Inu news and its impact on the Shiba Inu coin price. The token is up 5.9% in the past week, reaching a 3-week
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