maticusdt
Polygon (MATIC) has been trading inside a large range between $0.6876 and $1.05 for the past several days. The price has currently reached the support of the range.
If the price bounces off $0.6876, the pair could reach the 20-day EMA. This is an important level to keep an eye on in the short term. If the price turns down from this resistance, the likelihood of a break below $0.6876 increases. The MATIC/USDT pair could then drop to $0.62 and later to $0.52.
On the contrary, if the price rises above the moving averages, it will suggest strong demand at lower levels. That could keep the pair stuck inside the range for a few more days.
If the price bounces off $0.6876, the pair could reach the 20-day EMA. This is an important level to keep an eye on in the short term. If the price turns down from this resistance, the likelihood of a break below $0.6876 increases. The MATIC/USDT pair could then drop to $0.62 and later to $0.52.
On the contrary, if the price rises above the moving averages, it will suggest strong demand at lower levels. That could keep the pair stuck inside the range for a few more days.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.