**Crypto Analyst Predicts Bullish Phases for VeChain, Injective, and Polygon**
**VeChain (VET) Ready for Lift-Off**
Crypto trader Ali Martinez, known for his accurate predictions, believes that VeChain (VET) is on the brink of a bullish phase. Martinez points to a successful retest of a parallel channel, indicating that VET is following a similar pattern to its previous bull cycle. At the time of writing, VET is valued at $0.0396, showing a 4% increase in the last 24 hours.
**Injective (INJ) Shows Signs of Impending Bull Run**
Martinez also highlights Injective (INJ) as a potential candidate for a bullish rally. Using the Thomas DeMark (TD) Sequential indicator, Martinez notes that the last two buy signals on the INJ weekly chart resulted in impressive bull runs of 700% and 555%. With the indicator flashing another buy signal, Martinez suggests that INJ could be gearing up for another rally. Currently, INJ is trading at $26.41, up 6.2% for the day.
**Polygon (MATIC) Poised for Growth**
Lastly, Martinez predicts that Polygon (MATIC), an Ethereum layer-2 protocol, is set to scale up soon. The TD Sequential indicator on the MATIC weekly chart is signaling a buy, indicating a potential one to four weekly candlesticks upswing. MATIC is currently priced at $0.747, showing a 4% increase since yesterday.
As investors eagerly await these potential bullish phases, it is important to note that all investments come with risks. It is recommended to conduct thorough research and due diligence before making any high-risk investments in cryptocurrencies. Stay updated with the latest price actions and market trends by subscribing to email alerts and following reputable sources like The Daily Hodl.
