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Matic

MATIC - Bullish Flash on THIS Indicator 📢📉Hi Traders, Investors and Speculators of Charts📈 If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - we just saw a bullish "BUY" signal flash on the weekly from a powerful indicator! Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset. One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include: ✅ Walt Disney ✅ Starbucks ✅ Meta Platforms ✅ Nike ✅ Mercedes ✅ Google ✅ Adidas ✅ Adobe ✅ Mastercard ✅ Reddit While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals. A possible scenario like this seems possible IF we can maintain closing daily candles ABOVE the diagonal trendline (support): A drop and CLOSE UNDER this zone invalidates short term bullish sentiment: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:MATICUSDT
MLong
by CryptoCheck-
4
MATIC Polygon Price TargetIf you haven`t sold MATIC when Robinhood delisted it: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for MATIC is the next resistance, $0.92.
MLong
by TopgOptions
MATIC/USDT Nearing a Crucial Resistance Eyes on the Next Step?💎 Paradisers, get ready for an exciting development with MATICUSDT as it edges closer to a pivotal resistance, hinting at potential upcoming actions. 💎 Observing POLYGON recent patterns, we've noticed a recurring price action. Currently, it's mirroring past behaviors, and if it honors the resistance at $0.9584, we might see a retreat to the support level of $0.7216. 💎 Should the price hit the support at $0.7216, there's a strong chance for a significant bullish push towards the formidable resistance at $1.0970. However, a loss of steam at $0.7216 could trigger a bullish recovery from the deeper support at $0.6594.
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by MyCryptoParadise
1
MATICUSDT.1DBased on the provided market data, the cryptocurrency MATIC is currently trading at $0.79 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 56.35, 49.23, and 52.23 respectively. These figures indicate that the coin is neither in an overbought nor oversold condition, suggesting a balanced market sentiment. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0012, -0.012, and 0.023 respectively. A positive MACD indicates that the crypto is on an upward trend, while a negative one suggests a downward trend. Here, the MACD data suggests a mixed trend. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 0.80, 0.83, and 1.00 respectively. The current price is below the upper band for all periods, indicating a potential for price growth. In terms of support and resistance levels, the first, second and third support levels for 4 hours are 0.77, 0.72, and 0.68 respectively. For 1 day, they are 0.74, 0.68, and 0.60. For 7 days, they are 0.68, 0.60, and 0.49. The resistance levels for 4 hours are 0.83, 0.87, and 0.94. For 1 day, they are 0.94, 0.98, and 1.074. For 7 days, they are 0.96, 1.10, and 1.22. Overall, MATIC is showing mixed signals with a balanced market sentiment. The positive 4h MACD and the placement of the current price below the Bollinger Bands' upper limit suggest potential for price growth, but the negative 1d MACD indicates a possible downward trend. Therefore, investors should closely monitor market trends and indicators, and consider their risk tolerance and investment objectives before making investment decisions.
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by MarsSignals
MATIC/USDT Could MATIC back to break resist or back to demand ?💎 MATIC has recently experienced significant developments in the market. Currently, MATIC has displayed strength by bouncing from the demand area, which previously acted as a supply zone. Moreover, it has successfully broken out of a descending channel pattern. 💎 If this breakout is valid, there is potential for MATIC to continue its upward trajectory and attempt to break through the resistance area. Breaking this resistance is essential because a successful breakout, probability could pave the way for MATIC to reach our target at the Bearish OB area. 💎 However, if MATIC fails to sustain its upward momentum and experiences a false breakout, there is the possibility that the price will retreat to the demand area to establish a new bullish momentum. 💎 The demand area holds significant importance, as a breakdown from this level could signal a return to bearish sentiment, potentially driving the price back towards the strong support area.
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by MyCryptoParadise_Nathan
0.90 to 1.10 MATICAnalyzing the current market trends and technical indicators, my projection for #MATIC in the upcoming 2024 bull market is a price range between $0.90 and $1.10 USD. This valuation is based on several key factors, including historical data, recent market performance, and the overall growth trajectory of the cryptocurrency sector. #MATIC's fundamentals, coupled with increasing adoption and technological advancements, suggest a strong potential for this price range to be achieved. As always, it's crucial to monitor market dynamics closely, as cryptocurrencies can be volatile and subject to various external influences. This forecast considers both the potential market highs and the resilience of #MATIC in sustaining its value in a fluctuating market.
MLong
by GlareTuesday
3