Deur NewsBTC - 1 jaar gelede - Leestyd: 2 minute
MATIC Price Prediction: Polygon Rally is Just Getting Started
MATIC price started a fresh increase from the $1.10 support zone. Polygon bulls are in control and might push the price towards the $1.40 level.
MATIC price started a fresh rally above the $1.10 resistance against the US dollar. The price is trading above $1.10 and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.25 on the 4-hours chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise towards the $1.35 and $1.42 resistance levels.Polygon’s MATIC Price Surges Above $1.20
In the past few days, polygon’s price formed a strong base above the $1.00 zone. MATIC remained stable and started a fresh increase above the $1.10 resistance zone.
There was a strong move above the $1.15 level and the 100 simple moving average (4-hours). The upward move was such that the price even broke the $1.25 level and traded to a new yearly high at $1.295. It is up over 5% in a day and over 15% in a few days, outperforming bitcoin en ethereum.
Matic price is trading above $1.10 and the 100 simple moving average (4-hours). There is also a key bullish trend line forming with support near $1.25 on the 4-hours chart of the MATIC/USD pair.
The price is comfortably trading above the 23.6% Fib retracement level of the upward move from the $1.167 swing low to $1.295 high. On the upside, an immediate resistance is near the $1.30 level. The first major resistance is forming near the $1.35 zone.
Bron: MATICUSD op TradingView.com
As daar 'n onderstebo breek bo die weerstandsvlak van $1.35 is, kan die prys nog 'n sterk styging begin. In die genoemde geval kan die prys geleidelik styg na die $1.42-vlak of selfs $1.50.
Dips Supported in MATIC?
As MATIC-prys nie bo die weerstandsvlakke van $1.30 en $1.35 styg nie, kan dit 'n nadeelregstelling begin. 'N Onmiddellike ondersteuning aan die nadeel is naby die $1.265-vlak.
The main support is near the $1.25 level or trend line. A downside break below the $1.250 level could open the doors for a fresh decline towards $1.215 or the 61.8% Fib retracement level of the upward move from the $1.167 swing low to $1.295 high. The next major support is near the $1.18 level.
Tegniese aanwysers
4-uur MACD – Die MACD vir MATIC/USD kry momentum in die bullish sone.
4-uur RSI (relatiewe sterkte-indeks) - Die RSI vir MATIC/USD is nou bo die 50-vlak.
Belangrike ondersteuningsvlakke - $ 1.25 en $ 1.215.
Groot weerstandsvlakke - $ 1.30, $ 1.35 en $ 1.42.
Oorspronklike bron: NewsBTC