TA: Matic Price Faces Resistance To Break Above The $1 mark?

TA: Matic Price Faces Resistance To Break Above The $1 mark?


Despite showing great recovery signs from a low of $0.33 with over 80% gains in weeks, Matic price faces strong resistance at $1.

July has been good for most crypto projects, with the price of Matic surging to over 80% gains in just one month, although Matic price faces steep resistance at the $1 mark.

Matic Weekly Chart Analysis

Trending: 11 Adults Charged For Sexually Assaulting Children During Witchcraft Rituals

The price of Matic moved from the low of $0.33 to a high of $1 before seeing a rejection to a region of $0.80.

Matic saw a relief bounce when it met its all-time high (ATH) of 2021; this became a good support for Matic to build more buy pressure for a good relief bounce.

Matic Weekly Price Chart Analysis | Source: MATICUSDT On Tradingview.com

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend