Crypto Strategist Predicts Rallies for Polygon and Avalanche, Says Ethereum Setting Up To Outperform Bitcoin

Marking the end of the Bitcoin (BTC) bull market last year, analysts are predicting a surge in blockchain scaling solution Polygon (MATIC) and smart contract protocol Avalanche (AVAX).

Anonymous analyst Pentosi told his 671,300 Twitter followers that MATIC looks bullish and may be gearing up for a rally to key resistance areas.

This is the most important and historic spot on the chart at $1.30. [chart]+ then enter the previous range. Reject and return to the indicated local low. ”

As of this writing, MATIC is trading at a flat $1.14 on the day.

Next up is Ethereum (ETH) rival AVAX.Avalanche, According To Crypto Strategists appear A 36% surge is expected as the coin is currently trading above $20.

So Amazon came to crypto, Avax And announce NFT [non-fungible token] Initiative, (but not confirmed for Avax). Consider this going to be $28 in the next month or so. “

Earlier this month, Amazon reported partnership We are working with AVAX developer Ava Labs to accelerate blockchain adoption across multiple industries.

Pentosi also has his eye on Ethereum itself, which he said appears to be gearing up for a rally in the bitcoin pair (ETH/BTC).

I think ETH/BTC will get a little easier soon.

Looking at Pentoshi’s chart, they seem to predict ETH/BTC to rise to around 0.072 BTC ($1,677). At the time of writing, the currency pair has switched hands at 0.068934 BTC ($1,605).

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