Paskelbta prieš 12 valandas
Following a bullish reversal from an ascending trendline, the MATIC coin price gave high momentum breakout from the $0.87 barrier. This resistance breakout should replenish the buying momentum and offers suitable support for buyers to resume prior recovery.
Pagrindiniai klausimai
- The flattish crucial EMAs(20, 50, 100, and 200) accentuate a sideways trend.
- An ascending trendline maintains the ongoing bullish rally in the MATIC coin price.
- Dienos prekybos apimtis MATIC yra 392.5 mln. USD, o tai rodo 32.6% nuostolį.
Šaltinis--Tradingview
Amid the recent consolidation phase in the crypto market, the MATIC coin price managed to sustain above the $0.76 horizontal level and ascending trendline. The rising trendline reflects a steady uptrend and has supported the falling altcoin multiple times.
Furthermore, the bullish momentum replenished from the last reversal from this support on November 29th assisted buyers in surpassing the $0.87 barrier. The MATIC price showcased a massive breakout from the aforementioned resistance with strong volume, indicating the buyers’ confidence to reach higher.
As a result, the Polygon coin has jumped 10.5% in the past four days and currently trades at $0.91. However, the prices are reverted back to retest the breached resistance. If the buyers sustain above the $0.87-$0.864 mark, the post-retest rally could drive the altcoin $1.03 mark.
Conversely, a daily candle closing below the support trendline will offset the bullish thesis.
Nonetheless, the CEO & Founder of Eightglobal, Michaël van de Poppe recently shared a bullish outlook for MATIC price on his Twitter handle. He accounted the coin as “showing strength recently” and indicated a potential price retest to the $1.03 mark.
Prašymas 01 - $ MATIKA
Showing strength recently.
If $0.84 grants a long, I’d be looking for one there.
Further, expecting continuation towards $1 and higher in the coming few weeks, potentially a retest at $1.30. pic.twitter.com/3IqDxw4n1w
- Michaël van de Poppe (@CryptoMichNL) Gruodis 2, 2022
Techniniai rodikliai
EMA: Along with $0.87 resistance, the massive green candle on November 30th breached a cluster of EMA slopes (20, 50, and 100). Thus, these reclaimed EMAs could offer additional support to bolster price recovery.
RSI: the daily-RSI jump above the neutral line highlight positive sentiment among market participants.
MATIC monetų kainos dienos lygiai
- Spot norma: 0.91 USD
- Tendencija: Uparty
- Nepastovumas: žemas
- Atsparumo lygiai - 0.965 ir 1.03 USD
- Palaikymo lygiai – 0.86 USD ir 0.76 XNUMX USD
Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.
Source: https://coingape.com/markets/here-why-matic-coin-price-may-surpass-1-near-future/