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MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERS
Polygon
MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERS
Theo CryptoSanders9563
Theo dõi
Theo dõi
16 thg 12, 2022
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16 thg 12, 2022
Hello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Polygon (MATIC) was another notable token to fall today, with prices also moving lower for a third straight day.
Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day.
As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837
MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursday’s floor.
This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark.
Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Chart Patterns
cryptosanders
Technical Indicators
matic
maticanalysis
MATICBTC
maticnetwork
maticusd
MATICUSDT
sanders
Trend Analysis
CryptoSanders9563
Theo dõi
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