לונג
MATIC PRICE ACTION
Despite the short recovery, the MATIC coin price reverses its course to take a bearish turn. This represents a sharp and sudden increase in selling pressure. The MATIC price falls below the $0.65 mark and approaches the crucial bottom support at $0.60.
This is a significant level of support, and if the price breaks below it, it could lead to further declines. However, if the price can hold above $0.60, it could start to recover.
The spike in intraday trading volume intensified the 5.97% drop last night as the MATIC prices broke under $0.65.
The selling pressure was so intense that it caused the price to drop below $0.65. The crazy selling trend continued today, with a 3.02% fall. At the time of writing, the price of MATIC is at $0.60, and it will likely continue to fall until it reaches the support zone at $0.55.
The sharp selling pressure in altcoins makes it difficult for MATIC to find a reversal point. However, the solid bullish dominance at the $0.60 support level could absorb the selling pressure. This means buyers may find the drop to $0.60 a good entry point.
If the market reverses and moves higher, MATIC could reach the 50-day EMA, close to $0.70. However, if the price drops below $0.60, it could test the psychological level of $0.50.
This is a significant level of support, and if the price breaks below it, it could lead to further declines. However, if the price can hold above $0.60, it could start to recover.
The spike in intraday trading volume intensified the 5.97% drop last night as the MATIC prices broke under $0.65.
The selling pressure was so intense that it caused the price to drop below $0.65. The crazy selling trend continued today, with a 3.02% fall. At the time of writing, the price of MATIC is at $0.60, and it will likely continue to fall until it reaches the support zone at $0.55.
The sharp selling pressure in altcoins makes it difficult for MATIC to find a reversal point. However, the solid bullish dominance at the $0.60 support level could absorb the selling pressure. This means buyers may find the drop to $0.60 a good entry point.
If the market reverses and moves higher, MATIC could reach the 50-day EMA, close to $0.70. However, if the price drops below $0.60, it could test the psychological level of $0.50.
הפקודה בוטלה
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.