Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) Polygon (MATIC) snapped a three-day losing streak on Thursday, following a crossover of moving averages (MA). The 10-day (red) MA crossed its 25-day (blue) counterpart in today’s session, sending the price to a peak of 0.8974. This comes following Wednesday’s low at 0.8787, which saw MATIC hit its weakest point since May 25. market volatility in polygon remains significantly high, with earlier gains almost fading. MATIC is trading at 0.8934, with the RSI at a reading of 46.03, which is close to a ceiling of 48.00. Should this aforementioned point of resistance be broken, bulls could force a move toward 0.9000.
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