MATIC price action shows a potential bullish reversal.
The 50-day EMA has been a major resistance, keeping bullish growth in check.
A trendline breakout could unleash a new bullish rally.
MATIC has been in a long-term downtrend, leading to a death cross.
Recent support found at $0.49, teasing a potential reversal.
The price is currently trading at $0.52, with a 5.23% jump in the last two days.
A double bottom pattern is forming, signaling a potential trend reversal.
A morning star pattern has also formed, adding to bullish indicators.
MACD and signal lines avoid a bearish crossover, indicating bullish momentum.
RSI struggles to break above the halfway mark but remains above the 14-day SMA.
Upcoming resistance levels are at $0.59 and $0.71.
Failure to sustain the uptrend could see the price drop to $0.42.
The 50-day EMA has been a major resistance, keeping bullish growth in check.
A trendline breakout could unleash a new bullish rally.
MATIC has been in a long-term downtrend, leading to a death cross.
Recent support found at $0.49, teasing a potential reversal.
The price is currently trading at $0.52, with a 5.23% jump in the last two days.
A double bottom pattern is forming, signaling a potential trend reversal.
A morning star pattern has also formed, adding to bullish indicators.
MACD and signal lines avoid a bearish crossover, indicating bullish momentum.
RSI struggles to break above the halfway mark but remains above the 14-day SMA.
Upcoming resistance levels are at $0.59 and $0.71.
Failure to sustain the uptrend could see the price drop to $0.42.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.