Altcoins to Keep a Close Watch in the Upcoming Week, FTM, ZIL, MATIC May Recover
Ever since the USTs de-peg which fuelled the mass BTC liquidation squashed the crypto markets, altcoins were exposed to severe negative volatility. Among them were some which managed to sustain the trembled conditions and ignited with a strong flip ahead. Therefore, altcoins like Fantom (FTM), Polygon (MATIC) and Zilliqa (ZIL) are expected to rise above the odds
Fantom (FTM)
Fantom price after rejection in the first few days of April continued to drop until now which was fueled by the market crash recently. However, the asset did halt the descending trend for a while and from the past couple of days, it’s attempting for a notable bounce. And hence, analysts believe a breakout from $0.36 to $0.38 levels may lead to assets reaching out towards $0.45 levels instantly.
Zilliqa (ZIL)
After the recent flip from the bearish trend, the ZIL price is constantly hovering within a parallel channel. And hence the following the present rejection at $0.055, the price even if it dips has to hold at $0.049. Therefore, this may induce a strong bullish momentum which can open the doors for the levels around $0.0622 to $0.0067