High Trading Volume for MATIC and BNB Witnesses
• The price of MATIC has increased by over 15% since the beginning of the month.
• BNB price is expected to continue its climb toward the $300 intermediate goal.
• These tokens are attracting the interest of many traders as Bitcoin (BTC) continues to drop below $31,000.
MATIC Price Increasing
The MATIC price has increased by over 15% since the beginning of the month, while most other cryptocurrencies (particularly BTC and ETH ) have remained stagnant. It is expected that the price will continue to rise strongly over the next several days, reaching the first aim of $0.8 and then attempting to achieve $0.9, which might then overcome the obstacles to achieving $1.
BNB Price on Steady Rise
The Binance Coin (BNB) price has maintained a steady trend inside a predefined threshold. The last few days have seen a massive injection of liquidity into the coin, which has increased the purchasing pressure. Since bullish technical persist, the BNB price is expected to continue its moderate climb toward the $300 intermediate goal.
Bullish Momentum Ahead
Enormous bullish flags are waving around their values for both MATIC and BNB which may be more potent than BTC and ETH rises in terms of growth prospects going forward . Moreover, Santiment , an on-chain platform reports that these tokens are attracting attention from many traders as BTC continues to drop below $31k level.
Breaking News: 20M MATIC Transferred from Polygon Staking
Recently it was reported that 20 million units of MATIC were transferred from one wallet address associated with Polygon staking service provider Quickswap ,to an unknown wallet address . This could indicate a potential whale move or just normal trading activity .