Algorithm Known for Outrunning Crypto Markets Allocates to Polygon, Uniswap, Chainlink and Three More Altcoins

A trading robot with a reputation for outperforming the digital asset markets is sharing its newest Bitcoin (BTC) and altcoin portfolio allocations amid the ongoing crypto winter. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Timeline of Chainlink, Polygon, Uniswap, Polkadot-new, Solana, Usd-coin

To conclude, the readings for MATIC in the daily time frame are bearish, supporting a drop toward $0.60. However, an initial short-term really toward $0.82-$0.85 is likely before the drop.

ChainLink price analysis for December 21, 2022, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

The solana price remains flat in the past 24 hours at $12.09, following the news that former FTX CEO Sam Bankman-Fried has enetered FBI custody and is being extradited to the United States. It's also down by 14% in a week and by 67% since the November collapse of FTX, which had been a big supporter of Solana and its ecosystem.

Polkadot [DOT] on 21 December revealed in its newsletter some important developments that occurred in its ecosystem. The updates encompassed several domains, including governance highlights, ecosystem updates, newly launched videos, and more.

Chainlink's sending addresses hit an ATH anlongside Binance's number of depositing addresses. The moves come after the largest crypto exchange publicized its "housekeeping announcement.

Polygon (MATIC/USD) launched its second testnet, claiming that it is the final step prior to the mainnet launch. This new testnet includes an upgrade that can increase scalability within the network, and its main goal is to trial-run a new upgrade prior to the mainnet launch.

Uniswap price analysis shows an upward trend for cryptocurrencies today. Bulls have been able to raise the price to $5.32 in the past day despite the price has been bumping up against negative resistance for the previous few days.

Polkadot price analysis shows the coin has been trading below the $4.53 mark for most of the hours today, with a low of $4.45. The current support levels for DOT/USD are at $4.45, and if the price breaks below this level then it could see further losses.

Polygon launched its zkEVM's second testnet, saying it's the final step before mainnet launch. The post Polygon's zkEVM launched its second testnet, the last step before mainnet goes live appeared first on The Block.

Chainlink's [LINK] latest performance didn't quite align with the investors' interest as its price declined considerably over the last week. According to CoinMarketCap, LINK was down by more than 13% and, at press time, was trading at $5.95 with a market capitalization of over $3 billion.