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.
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.