Polygon Bulls In Control, According To This Indicator As Bitcoin Continues In...
MATIC’s price remains strong despite price facing rejection from a high of $0.8 as the price holds above the key support area. MATIC breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down. The price of MATIC trades above key support of $0.77 as the price continues to trade above 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe. Polygon (MATIC) price has held strong above the key support area after breaking out of its descending triangle and assuming a bullish price movement against tether (USDT) as BTC....
Related News
Polygon (MATIC) has been on an upward trend since it broke out of a rising wedge pattern last week. Across all time frames examined by CoinGecko, MATIC has been on the rise, with the monthly time frame revealing the most increase (41.9%). The crypto has been able to mount a decent rally, climbing 13% in the last seven days. But, there’s a lot of higher ground to cover. The token’s current trading price of $1.05 which is below its opening price of $1.30, indicates that it was strongly rejected at that level. Since the MATIC token’s Stoch RSI values have recently been....
Bitcoin bulls are back in charge, so to speak. The headline alone makes quite a statement, and there are no doubt several readers questioning how one might draw such conclusion after only a small move and lack of new highs. The conclusion has been made for us all, depending on what the Average Directional Index is currently saying about an asset – in this case the top cryptocurrency by market cap. Let’s take a look what the trend strength measuring indicator says about Bitcoin price action. Tug-Of-War Ends With Bears Falling Flat Last week, after several weeks of chop and stalemate,....
Polygon price (MATIC) has retraced on its chart as the broader market depicted weakness. Over the last 24 hours, however, the coin has managed to move up by 0.2%. In the last week, MATIC rallied by over 14%, pushing prices to break past multiple price ceilings. The altcoin is trading sideways on the one-day chart, but the coin is still optimistic. The technical outlook of the coin has continued to side with the bulls as demand for the altcoin noted an uptick over the past day. Buying strength also signified an increase, but this reading could be momentary as the bulls could lose steam if....
After its bullish shindig seen last week, Polygon (MATIC) price is now going the opposite direction as it continues to plunge to $0.60. MATIC is seen to have plummeted by more than 20% in comparison to its peak high of $0.97 as seen in the past couple of days. The coin’s price has dropped below the support line of $.080 and shows no sign of a slowdown. The MATIC/USD has declined by 3.66% or at $0.74 as of this writing. CoinMarketCap is also showing a 10% slump in the 24-hour trading volume which is at $815,456. On the brighter side, the daily chart shows the MATIC price going for a bullish....
Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced integration of the Polygon network to its self-custodial web3 wallet. The addition of Polygon to the multichain Bitcoin.com Wallet means the wallet’s millions of users are now able to trade ERC-20 tokens via Polygon, as well as interact directly with most of the over 37,000....