MATIC price is recovering from the $0.82 support zone. Polygon might rise further but there is a major barrier forming near the $1.00 zone.
MATIC price is attempting a recovery wave above the $0.86 resistance against the US dollar.
The price is trading above $0.86 and the 100 simple moving average (4 hours).
There was a break above a key bearish trend line with resistance near $0.880 on the 4-hour chart of the MATIC/USD pair (data source from Kraken).
The pair could continue to rise if it clears the $0.90 resistance zone.
Polygon’s MATIC Price Attempts Recovery
In the past few days, Polygon’s price saw a steady decline from well above $1.00. MATIC declined below the $0.900 support to move into a bearish zone.
A low is formed near $0.8206 and the price is now attempting a recovery wave, similar to Bitcoin and Ethereum. The price was able to climb above $0.850. Besides, there was a break above a key bearish trend line with resistance near $0.880 on the 4-hour chart of the MATIC/USD p
We współpracy z: https://www.newsbtc.com/analysis/matic-analysis/matic-price-prediction-polygon-to-1/
