Altcoin, which has attracted intense interest from investors, especially due to its performance in the last year, misses its old days. In the past year, it benefited relatively less in bear markets due to major updates and partnerships. However, due to the extreme selling pressure as of March, it reached one of its historical lows, which peaked on June 10. So what’s next? Polygon (MATIC) Polygon (MATIC) price broke out of the 140-day resistance line on July 9th, but it failed to surpass a critical horizontal resistance level. Considering the current outlook of Bitcoin and the upcoming Fed meeting, the job of MATIC Coin bulls becomes a bit more difficult. While the daily timeframe readings are bullish, bearish signals are becoming more apparent in the shorter-term six-hour timeframe. The analysis of MATIC’s daily timeframe suggests a positive outlook as the price broke an declining resistance line that had been in […]
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