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The rates of some coins are bouncing off today, according to CoinStats. Advertisement XLM chart by CoinStatsXLM/USDThe rate of XLM has risen by 1.26% since yesterday.Image by TradingViewOn the hourly chart, the price of XLM is trading near the local resistance of $0.4097. If its breakout occurs, there is a chance to see a blast to the $0.42 area by tomorrow.Image by TradingViewOn the longer time frame, the accumulated energy is still not enough for an upward move even if the daily bar closes around the current prices. Related Thu, 01/09/2025 - 15:38 XRP Price Prediction for January 9 Denys Serhiichuk In this case, sideways trading around the $0.40 mark is the more likely scenario.Image by TradingViewFrom the midterm point of view, the rate of XLM is within the previous weekly candle, which means none of the sides is dominating. Thus, traders are unlikely to witness sharp moves any time soon.XLM is trading at $0.4047 at press time.$XLM $REX $XRP

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The Polygon (MATIC) token is poised for a potential breakout, having completed a textbook 5-wave correction (labeled ABCDE on the chart). This technical pattern is often seen before a major price surge, indicating that MATIC has been building up energy during its consolidation phase and is now ready to unleash it. The correction is significant because it suggests a strong and sustainable uptrend, allowing the market to shake out weak hands and re-accumulate buying pressure. This could be a prime opportunity for investors to add to their portfolio or initiate a new position in MATIC. However, as with any crypto investment, it's essential to remember that risks are involved. Investors should do their own research and only invest what they can afford to lose. Key points to consider: 1. *Textbook 5-wave correction*: MATIC has completed a classic technical pattern, indicating a potential breakout. 2. *Building energy*: The correction has allowed MATIC to consolidate and build up energy for a potential surge. 3. *Strong uptrend*: The healthy correction suggests a sustainable uptrend, making it a potentially attractive investment opportunity. 4. *Risk management*: Investors should be cautious and only invest what they can afford to lose, as crypto investing always carries risks. Keep a close eye on MATIC, and let's see if it's ready to blast off to new all-time highs and beyond!

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