Algorand, Polkadot & Polygon — Asian Wrap 27 Apr

ALGO price is undergoing a very tricky scenario in terms of price direction. The best approach for traders is to wait until an ideal opportunity to present itself. Algorand price could continue falling to the $0.63 level, but traders should not expect a clear path to the target.

 

Polkadot price is showing significant sell signals. Traders should avoid trying to catch the lows for now. Polkadot price has made a new April low as the digital asset is currently trading at $16.90. The bearish outlook on Polkadot price has always been maintained since the bulls failed to find support on a triangle trend line earlier this month. 

 

MATIC price is experiencing a strong selloff this Tuesday. There may have been early signs forecasting the move. MATIC price is declining this Tuesday as the bears flex their power on the 4-hour Chart. At the current time, the MATIC price trades at $1.27.


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