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SOL and MATIC Price Analysis for October 4

Tue, 4/10/2022 - 15:56
SOL and MATIC Price Analysis for October 4
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Bulls keep their dominance as the prices of most of the coins are rising.


Top 10 coins by CoinMarketCap


Solana (SOL) has followed the rise of Bitcoin (BTC), going up by 3.63% over the last 24 hours.

SOL/USD chart by Trading View

On the daily chart, the price of SOL is approaching the local resistance level at $34.84. If the daily candle closes near it with no long wicks, the altcoin may start its midterm bull run as enough power has been accumulated for a continued move.

ADA and BNB Price Analysis for October 3

If that happens, it can lead to the test of the $40 zone.

SOL is trading at $34.30 at press time.


MATIC is the biggest gainer today, rocketing by 6%.

MATIC/USD chart by TradingView

On the daily chart, MATIC has entered the midterm bullish zone after the breakout of the $0.83 level. If buyers can hold this mark until the end of the day, traders can expect a further rise to the resistance area around $0.90 by the end of the month.

MATIC is trading at $0.8399 at press time.


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