Polygon (MATICUSD) Price Is Rejected at Support Level of $0.74
Bulls dominate Polygon market Polygon (MATICUSD) Price Analysis – October 07 More pressure from buyers will break up the resistance level of $0.90, this may increase the price to $1.01 and $1.18 resistance levels. In case sellers acquire more pressure, Polygon price may reduce to the support level of $0.74 and the support level of $0.64. Key Levels: Resistance levels: $0.90, $1.01, $1.18 Support levels: $0.74, $0.64, $0.47 MATIC/USD Long-term Trend: Bullish On the Long-term outlook, MATIC/USD price is on the bullish trend . The coin was on the bearish trend last week. Sellers took over the market on September 13 at $0.90 resistance level with the formation of bearish engulfing candle. MATIC decreased below $0.74 support level. Bulls gained more momentum and returns price towards previous high at $0.90 level. At the moment bulls are actively controlling polygon market. Polygon is trading above the 9 periods EMA and 21 periods EMA with the later above forme...