Polygon MATIC Crypto Price Analysis April 5, 2023

$BINANCE:MATICUSDT
After Polygon consolidated near the 20-day EMA ($1.11), it broke out on April 4, but the bulls are struggling to maintain their advantage. If the bears pull the price below the 20-day EMA, the MATIC/USDT pair could drop to $1.05 and the 200-day SMA ($0.98). However, if the price rebounds from the 20-day EMA, it will indicate that the bulls are attempting to make this level a support. If the bulls break through the minor resistance at $1.17, the MATIC/USDT pair could rise to $1.25 and $1.30.
After Polygon consolidated near the 20-day EMA ($1.11), it broke out on April 4, but the bulls are struggling to maintain their advantage. If the bears pull the price below the 20-day EMA, the MATIC/USDT pair could drop to $1.05 and the 200-day SMA ($0.98). However, if the price rebounds from the 20-day EMA, it will indicate that the bulls are attempting to make this level a support. If the bulls break through the minor resistance at $1.17, the MATIC/USDT pair could rise to $1.25 and $1.30.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.