Strong healthy uptrend from the start, no parabolic movement since May 14.
MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement.
The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point before new ATH is possible.
The price action of 10x is unlikely because it would require MATIC to have a market cap ratio to bitcoin of 20% at BTC present-day value.
This token has plenty of room to increase in value and a low chance of fading out in the near future. It will be reasonable for MATIC to reach $3.00 within the next year.
MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement.
The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point before new ATH is possible.
The price action of 10x is unlikely because it would require MATIC to have a market cap ratio to bitcoin of 20% at BTC present-day value.
This token has plenty of room to increase in value and a low chance of fading out in the near future. It will be reasonable for MATIC to reach $3.00 within the next year.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.