MATIC pictured consolidation and is priced at $1.63 after registering a price hike over the previous day. Currently, MATIC stood few notches below its three months high. The immediate support level for MATIC was at $1.38 and then at $1.28. MATIC hasn’t traded below the $1.28 level in almost three weeks.
Technicals are positive, Buying pressure noted an uptick and the Relative Strength Index stood above the mid-line. Awesome Oscillator flashed green signal bars. Bollinger Bands were converging somewhat and noted low volatility.
In the event of MATIC breaking its rangebound movement on the upside, it might attempt to topple its three-month high of $1.70 and set a new high
Feel free and get in touch for more updates, signals and trade alerts
Technicals are positive, Buying pressure noted an uptick and the Relative Strength Index stood above the mid-line. Awesome Oscillator flashed green signal bars. Bollinger Bands were converging somewhat and noted low volatility.
In the event of MATIC breaking its rangebound movement on the upside, it might attempt to topple its three-month high of $1.70 and set a new high
Feel free and get in touch for more updates, signals and trade alerts
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