CoinGape
2022-06-06 18:36:54

Polygon Price Analysis: Supply Pressure Tends To Keep MATIC Within Triangle

The Polygon(MATIC) has been stuck within a descending triangle pattern for more than three weeks now. The recent bullish recovery from neckline support has surged the altcoin by 8.5% as it hit the resistance trendline. However, the long-wick rejection attached to daily indicates the resumption of the consolidating phase. Key points The MATIC/USDT chart shows The post Polygon Price Analysis: Supply Pressure Tends To Keep MATIC Within Triangle appeared first on CoinGape.

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