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Technicals Suggest MATIC, LUNC, ARB May Rally in the Next Week

Published 17/07/2023, 12:40
Technicals Suggest MATIC, LUNC, ARB May Rally in the Next Week
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LUNAt/USD
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  • MATIC printed a 24-hour loss of 1.55% to trade at $0.78 at press time.

  • Meanwhile, ARB and LUNC saw their prices rise by 3.95% and 3.85% respectively.

  • Technicals on the altcoins’ charts suggested that the cryptos may climb in the upcoming week.

The global crypto market cap rose 0.08% over the past 24 hours, according to the crypto market tracking website CoinMarketCap. This increase brought the total to approximately $1.21 trillion at press time. This positive momentum in the market may not be over, however, as multiple cryptos may rally in the coming week.

Specifically, Polygon (MATIC), Terra Classic (LUNC), and Arbitrum (ARB) displayed the most promise at press time as these altcoins were able to break above several technical indicators on their respective daily charts. Furthermore, technical indicators for these cryptos suggested that their prices could continue to rise in the coming 7 days.

Polygon (MATIC)

The price of MATIC dropped 1.55% over the past 24 hours. As a result, the Layer-2 crypto’s price stood at $0.78 at press time. Furthermore, MATIC also weakened against the two market leaders Bitcoin (BTC) and Ethereum (ETH) by 1.57% and 1.63% r…

The post Technicals Suggest MATIC, LUNC, ARB May Rally in the Next Week appeared first on Coin Edition.

The post Technicals Suggest MATIC, LUNC, ARB May Rally in the Next Week appeared first on Coin Edition.

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