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CryptoXTimes > Article > Altcoin News > MATIC And SHIB Encounter Bearish Spell, Analysts Predict Bright Futures
Altcoin NewsNews

MATIC And SHIB Encounter Bearish Spell, Analysts Predict Bright Futures

MATIC, SHIB decline, PLX eyes significant growth ahead.

Aima Raza
Last updated: April 8, 2024 3:40 pm
Aima Raza 1 year ago
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MATIC And SHIB Encounter Bearish Spell, Analysts Predict Bright Futures

The prices of Polygon (MATIC) and Shiba Inu (SHIB) have been decreasing  recently, which concerns buyers and sellers. But now that renowned crypto experts have seen these price changes, they believe that both assets will go up.

Many people are interested in Pullix (PLX), like MATIC and SHIB, because it has a new trade tool that could help it grow significantly in 2024 and on.

According to the most current figures, MATIC has been moving downward significantly. It has been slowly going down year-to-date (YTD), and it is now down 16.4% in the last month.

Analyst Ali Martinez views a buy hint for MATIC. This means that by the end of 2024, the price could go back up to as high as $0.95 or even $1.

The TD Sequential presents a buy signal on the $MATIC daily chart! If #MATIC stays strong above $0.87, we could see a rebound to $0.95, or better yet, $1! pic.twitter.com/YSEoH7JbV4

— Ali (@ali_charts) April 5, 2024

MATIC, SHIB Trends, PLX Growth

In a comparable way, SHIB’s value will probably head downwards  after going up 140% so far this year. When it comes to cryptocurrency, Captain Faibik predicts the price could go up twice as much and that it will reach $0.000060 by the end of 2024.

On the other hand, PLX’s hybrid exchange tool stands out. It has parts of both controlled and decentralized swaps, which lets people buy different things, like cryptocurrencies.

Now that PLX’s Beta Trading Platform is live and it is listed on major platforms, analysts believe its price will go up by an enormous 100 times by the fourth quarter of 2024. This makes it an excellent opportunity to generate funds.

The prices of MATIC and SHIB have been moving downward recently, but experts are still positive about their future. But PLX appears to be an excellent option for people who want to invest in the cryptocurrency market while earning funds because it is expected to expand significantly.

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TAGGED: MATIC, PLX, SHIB
By Aima Raza
As a practicing lawyer who focuses on issues related to crypto and blockchain, Aima gives our content a unique legal viewpoint. Because she is so good at navigating the constantly changing regulatory environment, our readers always know about the latest regulations and happenings in the crypto world.
Previous Article Ripple CEO sees Crypto Market Doubling by 2024 despite Regulations Ripple CEO sees Crypto Market Doubling by 2024 despite Regulations
Next Article Dogecoin Investors Eye $0.22 Target Amid Volatility Surge Dogecoin Investors Eye $0.22 Target Amid Volatility Surge
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