Altcoin prices for Cardano (ADA) and Polygon (MATIC) have not shown significant increases recently, unlike what some were hoping for an "altcoin season." ADA's price dropped by 8.10% in the last week, while MATIC saw a slight rise of 1.92% during the same period. Coin Edition evaluates whether this could be a good opportunity to purchase these tokens.
When analyzing ADA's current price of $0.45, it is suggested that if the $0.44 support level is maintained, ADA could potentially move towards $0.48. On the other hand, indicators like the Chaikin Money Flow (CMF) and Awesome Oscillator (AO) readings for MATIC hint at a possible decline to $0.64.
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