MATIC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!
Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) also hit multi-week highs on Wednesday.
MATIC/USD reached 0.5486 at the start of today's session, bouncing back from a low of 0.536 a day earlier.
The move pushed Polygon to its strongest level since September 8, when the token reached a high of 0.5586.
Earlier gains have faded, and the RSI appears to have failed to break out of its range at the 49.00 mark.
Currently, price strength stands at 47.34, however, momentum remains largely bullish ahead of a potential moving average crossover.
The 10-day (red) and 25-day (blue) trend lines are on the verge of moving up, which could lead to a fresh surge in prices.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Polygon (MATIC) also hit multi-week highs on Wednesday.
MATIC/USD reached 0.5486 at the start of today's session, bouncing back from a low of 0.536 a day earlier.
The move pushed Polygon to its strongest level since September 8, when the token reached a high of 0.5586.
Earlier gains have faded, and the RSI appears to have failed to break out of its range at the 49.00 mark.
Currently, price strength stands at 47.34, however, momentum remains largely bullish ahead of a potential moving average crossover.
The 10-day (red) and 25-day (blue) trend lines are on the verge of moving up, which could lead to a fresh surge in prices.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
