MATIC price action soon. Weekly EMA resistance.

The 12 EMA (yellow) weekly has been strong resistance for the past couple of weeks now. Price is consolidating between the 12 EMA and bottom yellow dotted trendline within triangle.

I reckon everyone's waiting for the coinbase listing as Binance nears its deadline(Sep 12) for US customers to move out of their exchange. Could be a make it or break it moment for MATIC. So I'm expecting to see some big price action. So keep a close eye on coinbase/matic twitter feed.

Comment:

Here's another perspective at Daily.