Analyst Scott Melker predicts new rallies for Polygon and two other altcoins and says Tezos is about to take off.

Melker says Ethereum’s Polygon (MATIC) scaling solution is trending up after removing the cross-resistance that kept the altcoin in a downtrend last month.

“The MATIC target is $ 1.79. Then higher. “

The source: Scott Melker / Twitter

Based on MATIC’s current value of $ 1.30, Melker’s target represents an upside potential of almost 40%.

Another coin on the list of dealers is the decentralized futures exchange Serum (SRM). In his opinion, SRM is following in MATIC’s footsteps and appears poised for a potential increase of more than 50%.

“SRM target ~ $ 13.”

The source: Scott Melker / Twitter

Next up is the Kava.io (KAVA) decentralized cross-chain forex market, which Melker says has also ended its decline and is heading for a rally of about 46 percent from its current price of $ 6.39.

“$ 9.20 KAVA goal.”

The source: Scott Melker / Twitter

Looking at the Tezos (XTZ) smart contract platform, the analyst believes the altcoin is hindering printing new all-time highs and breaking new ground.

“It’s almost 3x the first entry and 2x the second (black circle). Flirt with the area of ​​pricing that is just beginning. Close above $ 8.4 and the sky’s the limit. “

The source: Scott Melker / Twitter

At the time of writing, Tezos is trading at $ 7.73.

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