Can Trendline Breakout Lead MATIC to $0.75? - BitcoinEthereumNews.com
TeknolohiyaMaaari bang Pangunahan ng Trendline Breakout ang MATIC sa $0.75?06 / 24 / 2022Balita ng Ethereum ng Bitcoin Nai-publish 13 oras na ang nakakaraan Polygon (MATIC) has been one of the top-performing cryptocurrencies this week, registering an 80% growth in the last six days. The V-shaped recovery breached the immediate resistance of $0.47 and just today, $0.57. Can coin buyers sustain this bullish breakout? Pangunahing puntos MATIC price breached dual resistance of descending trendline and $0.5 The bullish crossover in the MACD indicator gives a buy signal Ang intraday trading volume sa MATIC ay $1.2 Billion, na nagpapahiwatig ng 43% gain. Noong ika-11 ng Hunyo, ang Presyo ng MATIC gave a decisive breakdown from $0.575 neckline support of descending triangle pattern. Losing this support, altcoin continued on its downward spiral and depreciated 44.65%. As a result, the extended downfall reached a new 2022 low of $0.332 on June 18th. However, while the crypto market takes a breather from the prevailing downtrend, the MATIC price bounced back from the $0.332 mark with a daily-inside candle. A gradual rise in volume activity amid the V-shaped recovery indicates a genuine rally. With a 70% volume pump, the MATIC is 7.5% up today and shows a strong breakout from $0.575 resistance. If MATIC buyers