MATIC LONG

19 Mar 2022

Did MATIC reach the support needed to break out of the $1.46 resistance?

For the last 2 weeks MATIC's 20EMA has been under the belly of the 50EMA,

Until 3 days ago when MATIC's 20EMA crossed over the 50EMA and has tested the 20EMA for support; each time successfully climbing upward.

In the near future I expect MATIC to make an 8% increase towards the $1.60 support level; before creeping upwards to the $1.70.

Please share your thoughts and opinions.