city Santimenta Lowe's BAY city Santimenta

MATIC’s last 80 days have this to say about the crypto’s fortunes

Reading now: 603

Traders and investors holding on to Polygon [MATIC] may have spotted a 10% uptick in price over the last 24 hours. In doing so, they may have assumed that a bullish run was underway.

Unfortunately, they would be wrong. With an index price of $0.3637, the crypto has dropped back to its April 2021 levels. With the MACD poised for a bearish run, the three month-long decline in price might be far from over.Source: SantimentStruggling to keep the bears at bay, the Relative Strength Index (RSI) and the Money Flow Index (MFI) have been stationed below 50 for three months.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News