🔥 MATIC Going Parabolic: New All-Time High On The Horizon

Over the last week or so, I've made several analyses on MATIC. MATIC was lagging the market a little, but this coin has regained investors' confidence and is currently seeing very strong returns. See below for my previous signals.

We're currently facing some resistance around the $2 mark. A huge sell order is placed around there which is causing some troubles today. However, once that order is cleared, I'm expecting a clear shot at the following target at $2.30. If we see some gains of other tokens coming MATIC's way, we might even trade around the all-time high by the end of next week.

Furthermore, MATIC appears to be trading inside a huge bullish channel. Looking at the chart, there's still a lot of upside for this token.

Happy trading!

Comment:

Just as I finished writing this analysis, a massive >4mil market-buy order has been placed and the sell order has vanished. Clear skies ahead!