Crypto news and prices of Litecoin (LTC), Polygon (MATIC) and Blum

What are the latest cryptocurrency performances and news? Litecoin (LTC), Polygon (MATIC), and Blum? Let’s take a look at the pricing analysis and future predictions.

Comparing the price of the cryptocurrency Litecoin with Polygon and Blum

Market uncertainty continues in the cryptocurrency market, with Litecoin (LTC) recently A slight dropIt fell to a two-week low, but fortunately found a key support level after that and is now slowly recovering.

Looking back at the recent past, Litecoin started regaining strength last month, recording a strong bull run on the daily chart.

However, on a weekly basis the signal is still not clear enough. $90 At the level, LTC encountered resistance and lost momentum last week, leading to a slight pullback.

The asset has since found new support $82This coincides with the lower limit of the ascending wedge that has formed since mid-April.

of price It has bounced back and is now slowly moving towards the upper limit of the wedge, suggesting the possibility of a significant upside in the coming days.

A rally above last week’s rejected high would justify a wedge breakout, which could lead to a full market recovery and a surge in prices.

Conversely, potential failures are Significant loss. Currently, the price is still forming a wedge pattern with a buying resistance target of $87 followed by last week’s high of $89.6.

A breakout of this high could quickly see the price rally to $93.1 and then to the key resistance level of $100.

If the price turns down from the current trading levels, LTC may revisit $82, which has been identified as weekly support. A drop below this level would confirm a wedge break, leading to $78.3 and $74.6 in the short term.

Polygon Labs Acquires Toposware to Strengthen Zero-Knowledge Technology

Polygon Lab recently Toposware Paving the way for the next wave of zero-knowledge (ZK) technology.

This acquisition marks a major step forward in blockchain research and engineering aimed at driving innovation forward for ZK. The goal is to leverage Toposware’s experience and talent to advance the entire ZK community.

Known for its contributions to ZK research, Polygon Labs aims to further strengthen its position as a leader in practical ZK solutions.

The integration of Toposware’s resources spans multiple aspects of the Polygon Labs ecosystem, AggLayer, Polygon zkEVM, and Polygon CDK.

Toposware integrated Polygon Labs’ existing capabilities and brought a vast amount of knowledge and engineering skills.

Polygon Labs’ strategy for ZK technology is highlighted by recent developments, including a detailed analysis of how Succinct’s SP1 will facilitate interoperability between AggLayer’s chains.

Polygon Labs uses advanced ZK solutions like Polygon Plonky 3 to: A robust framework It is intended for decentralized applications and lays the foundation for the future of blockchain technology.

The Toposware acquisition announcement attracted industry attention and had a positive impact on the price of MATIC, the native token of Polygon Network.

With the increase 2.31% Over the past 24 hours, MATIC has further strengthened its position as one of the most promising emerging cryptocurrencies for 2024.

Despite a slight decline in value over the past 7 and 30 days, the overall trajectory remains positive, with notable increases in market cap and trading volume.

Bloom is revolutionizing multi-chain trading with its innovative hybrid exchange

Blum is revolutionizing the world of multi-blockchain transactions, simplifying the process and saving users time, energy and money.

Our innovative hybrid exchange makes it easy to trade cryptocurrencies across different blockchains, eliminating the complexities typical of traditional exchanges.

Created by Gleb KostarevBlum, the former European manager at Binance, together with his colleagues Vladimir Maslyakov and Vladimir Smerkis, provides cutting-edge solutions for seamless trading.

Blum’s airdrop is a special event, designed to give enthusiastic backers the opportunity to earn a sizeable chunk of the cryptocurrency.

With high reward $5,000 and An exclusive governance token airdrop not only represents a profitable opportunity, but also a chance to influence the future of the project.

Participating in the airdrop means having a say in the direction of Blum, making it an opportunity not to be missed for all DeFi enthusiasts and supporters of community-driven efforts.

Bloom is $100 and $1,000 You can participate in the $BLUM airdrop with cryptocurrency without any initial investment. Participating in the $BLUM airdrop is easy: just register on Blum’s official website, follow their social media handles and complete the required tasks.

Once the wallet address is provided, the tokens will be transferred directly. This initiative is a great opportunity for crypto enthusiasts and beginners who want to enter the crypto world without any initial financial risk.

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