Long
MATICUSDT - price adjustment
Polygon
MATIC
The price turned down and broke below $1 on Jan. 2. The MATIC/USDT pair witnessed a massive fall on Jan. 3, plunging to $0.74. This sharp decline suggests that the pair remains range-bound between $0.75 and $1 for a while longer.
Buyers will have to drive the price back above the 20-day EMA ($0.91) to reduce the selling pressure. That could result in a rally to $1. On the other hand, if the price stays below the 50-day SMA ($0.85), the pair could slide to $0.70.
MATIC
The price turned down and broke below $1 on Jan. 2. The MATIC/USDT pair witnessed a massive fall on Jan. 3, plunging to $0.74. This sharp decline suggests that the pair remains range-bound between $0.75 and $1 for a while longer.
Buyers will have to drive the price back above the 20-day EMA ($0.91) to reduce the selling pressure. That could result in a rally to $1. On the other hand, if the price stays below the 50-day SMA ($0.85), the pair could slide to $0.70.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.