MATIC- Taking some Profit
MATIC Network / TetherUSBinance
Description
⋅ MATIC might be taking a break for the moment as we see resistance and a drop to 0.45 is more possible.
NEWS:
Polygon’s native MATIC tokens surged 25% in 24 hours as its development team launched a product for allowing more private voting in decentralized autonomous organizations (DAOs).
MATIC traded at more than 50 cents in European hours Thursday, up from 40 cents early Wednesday, hitting resistance at those levels. The tokens could surge to the 58-cent level if buying demand persists.
Great news, great project but our charts says 'take profit' and buy again a bit lower or higher over the reisstance.
One Love,
the FXPROFESSOR