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LINK Underperforms Against Meme Coin Icon Raboo Whilst MATIC Erases Q1 Gains
The post LINK Underperforms Against Meme Coin Icon Raboo Whilst MATIC Erases Q1 Gains appeared on BitcoinEthereumNews.com. The crypto market is a very unpredictable place. Two coins, LINK and MATIC, that many investors hoped would do well are currently in the trenches as they have yet to impress with their losses. Meanwhile, Raboo, a presale token, is creating a buzz in the crypto community. With over $2 million already raised, this meme coin is set to outperform even well-known tokens and give investors a 10,000% ROI. Before we turn to Raboo ($RABT) in detail, let’s examine how Chainlink (LINK) is doing. Chainlink underperforms, causes crypto market panic Chainlink isdown 32.12% from its 3-month high of $18.77, leaving the crypto marketdisappointed. Many investors had high expectations for this coin, but those expectations have slowed down now as LINK’s price action still looks weak. On the daily chart, the 50 EMA is still over the 20 EMA, signaling that the bears are in control. The price will need to break the $16 resistance level before investors have any hope of profits. If this fails to happen, then Chainlink could make even more losses, causing its beloved holders to panic even further. Some Chainlink investors are already moving their funds to Raboo. MATIC erases Q1 gains as bears turn vicious The bears are tearing MATIC apart, as the coin has been bleeding constantly since March. After reaching an impressive price of$1.29 on March 16, MATIC has not returned any gains since then, prompting investors to move to other projects. While the RSI is currently at 49.96, indicating a bit of neutrality, MATIC’s candles are largely bearish, with huge red candles indicating the bears are not done yet. For MATIC price to yield meaningful gains, the bulls must push the price to the psychological level of $1 before investors can believe again. Raboo set to outperform top crypto projects with exciting…
The post LINK Underperforms Against Meme Coin Icon Raboo Whilst MATIC Erases Q1 Gains appeared on BitcoinEthereumNews.com.
The crypto market is a very unpredictable place. Two coins, LINK and MATIC, that many investors hoped would do well are currently in the trenches as they have yet to impress with their losses. Meanwhile, Raboo, a presale token, is creating a buzz in the crypto community. With over $2 million already raised, this meme coin is set to outperform even well-known tokens and give investors a 10,000% ROI. Before we turn to Raboo ($RABT) in detail, let’s examine how Chainlink (LINK) is doing. Chainlink underperforms, causes crypto market panic Chainlink isdown 32.12% from its 3-month high of $18.77, leaving the crypto marketdisappointed. Many investors had high expectations for this coin, but those expectations have slowed down now as LINK’s price action still looks weak. On the daily chart, the 50 EMA is still over the 20 EMA, signaling that the bears are in control. The price will need to break the $16 resistance level before investors have any hope of profits. If this fails to happen, then Chainlink could make even more losses, causing its beloved holders to panic even further. Some Chainlink investors are already moving their funds to Raboo. MATIC erases Q1 gains as bears turn vicious The bears are tearing MATIC apart, as the coin has been bleeding constantly since March. After reaching an impressive price of$1.29 on March 16, MATIC has not returned any gains since then, prompting investors to move to other projects. While the RSI is currently at 49.96, indicating a bit of neutrality, MATIC’s candles are largely bearish, with huge red candles indicating the bears are not done yet. For MATIC price to yield meaningful gains, the bulls must push the price to the psychological level of $1 before investors can believe again. Raboo set to outperform top crypto projects with exciting…
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