When Will Ethereum’s Bull Run Start? Polygon Daily Users Surpass Ethereum, VC Spectra Attracts Crypto Whales
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Ethereum (ETH) desperately needs a bull action this July as it continues to exhaust its investors. Meanwhile, Polygon (MATIC) has surpassed Ethereum (ETH) in active daily users. This indicates Ethereum (ETH) is losing its former grip on the crypto market. Furthermore, VC Spectra (SPCT) has risen 37.5% in Stage 2 of its public presale, making investors proud and happy.
What’s next for Ethereum (ETH), Polygon (MATIC), and VC Spectra (SPCT)? Let’s find out.
Ethereum (ETH): A Volley Of Support Losses
Ethereum (ETH) experienced a bullish surge as a big investor joined on July 16, putting over $120 million into the Ethereum (ETH) blockchain the day before. This caused the price to go up from below $1,910 on July 15 to over $1,940 on July 16, further supported by a bullish crypto market in general.
However, RSI and EMA indicators suggest this bullish trend might not be long-term. Ultimately, the investor sold their position on July 25. The sell order and changed market aspirations on July 25 brought ETH’s price down to $1,860 on July 26.
Despite the hurdles, Ethereum (ETH) is still showing signs of recovery on July 26, slowly finding support around $1,750 and aiming for a breakout. Analysts predict that Ethereum (ETH) might break above $2,000 by the end of August. Investors closely follow Ethereum (ETH) to see how it performs in the market. Meanwhile, VC Spectra (SPCT) is flying high.
Polygon (MATIC) Rallying Support To Rise Once Again: Reality?
The price of Polygon (MATIC) experienced a downward trend after the SEC classified Polygon (MATIC) as a security. This classification led investors to shy away from Polygon (MATIC), resulting in lower lows on the charts. In response, Polygon (MATIC) announced plans soon to replace its MATIC tokens with new POL tokens to avoid SEC scrutiny.
Over the last 24 hours, the price of Polygon (MATIC) plummeted from $0.7664 to $0.7236 on July 25, facing significant challenges due to regulations and the volatile market. The uncertain regulatory environment contributed to suppressing the price of Polygon (MATIC).
Despite the current challenges facing Polygon (MATIC), analysts remain optimistic about its long-term prospects. It is predicted that Polygon (MATIC) will find support at $0.73 before undergoing a correction and rising to $0.83.
Experts project that by December 2023, Polygon (MATIC) could achieve a price of $1.01, indicating potential growth for the cryptocurrency. Investors closely monitor Polygon (MATIC) as they assess the impact of regulatory developments on its future performance.
VC Spectra (SPCT): The Best Investment Decision For 2023
VC Spectra (SPCT) is capturing the attention of the cryptocurrency world with its revolutionary decentralized investment management platform, opening up exciting prospects for investors at various stages of its presale. As the project gains momentum and stays true to its vision, VC Spectra (SPCT) emerges as an appealing opportunity for those seeking long-term financial growth.
During the initial stage of the public presale, the VC Spectra (SPCT) token was priced at $0.008. Investors who invested during this stage laid the groundwork for potential gains as VC Spectra (SPCT) gained traction.
As the presale advanced to Stage 2, the value of SPCT’s token surged to $0.011, delivering an impressive 37.5% return on investment (ROI). Moving forward, Stage 3 aims to push the VC Spectra (SPCT) token price to $0.025. The potential 127.27% ROI at Stage 3 for those who joined during Stage 2 presents the opportunity for substantial profits even if they missed the 37.5% ROI in Stage 1.
With VC Spectra’s (SPCT) target price set at $0.08 per token, the platform anticipates a remarkable 627% surge compared to the initial Stage 2 price. Such extraordinary growth potential and real-life utility make VC Spectra (SPCT) an exciting prospect for investors.
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