25% Discount on MATIC Price Offer Dip Opportunity - BitcoinEthereumNews.com
Teknolohiya25% Discount sa MATIC Price Offer Dip Opportunity05 / 11 / 2022Balita ng Ethereum ng Bitcoin Ang Polygon (MATIC) traders actively selling on a descending trendline tumbled the coin price by 53.5% from the $1.73 high. Last weekend the MATIC price breached $1 physiological support suggesting the sellers are preparing for another leg down. Can the evident bullish divergence on indicators bolster the price to reclaim the $1 mark? Pangunahing puntos High volume retest shows strength in bullish momentum The daily-stochastic RSI hints potential bullish crossover The intraday trading volume in MATIC is $1.67 Billion, indicating a 136.5% gain. Pinagmulan- Tradingview On April 26th, the ongoing sell-off in the crypto market made MATIC price lose multi-month support of $1.35. Furthermore, the accelerated selling continued the bear attack at full throttle and knocked out more support levels such as $1.2 and $1. The post retest fall depreciated the MATIC price by 39% as it reached the current low of $0.8. Anyhow, the altcoin has recently breached the $1 psychological support on May 8th, suggesting further correction in the price Today the MATIC price experienced a sudden pump of 20% and retested the breached $1 support. If sellers hold the coin price below the $1 and the highly influential resistance trendline,