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Matic

Potential for Growth in MATIC's PriceMATIC is currently trading at $1.1696 with an RSI of 53.94 on a 4-hour timeframe. The asset's price seems to be moving within the middle Bollinger band, which indicates that there is moderate volatility in the market. The 4-hour timeframe Fibonacci levels are also indicating some important levels of support and resistance for Matic. The upper Bollinger band is at $1.2599, and the lower Bollinger band is at $1.0474. These bands are often used to indicate levels of support and resistance for an asset, and Matic's price seems to be trading between these two levels. The 0 Fibonacci level at $1.2443 and the 0.5 Fibonacci level at $1.0935 are also important levels of support and resistance to watch for. The MACD for Matic is currently at 0.0331, indicating some bullish momentum in the market. However, the volume oscillator is at -12.39%, which may indicate that there is not a lot of interest or momentum from traders at the moment. The stochastic oscillator is also at 49, indicating that the asset is currently neither oversold nor overbought. In recent news, the CEO of Polygon (Matic), Sandeep Nailwal, has announced that Ethereum (ETH) is the future of Layer 1. This news could potentially have a positive impact on Matic's price, as Polygon is built on the Ethereum network. It suggests that there is a bright future for Matic as a Layer 2 scaling solution for Ethereum. Furthermore, the article also mentions a new project called HedgeUp (HDUP), which aims to lead the Web 3.0 alternative crypto sphere. This new project could also have a positive impact on Matic's price, as it highlights the growing interest and adoption of cryptocurrencies and blockchain technology. Overall, based on the technical indicators and recent news, Matic's price seems to be stable with moderate volatility. The Fibonacci levels, Bollinger bands, MACD, and stochastic oscillator indicate that the asset is currently trading within a range. However, the news about Ethereum's future and the launch of HedgeUp suggests that there is potential for growth and adoption of Matic in the future.
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by MonoCoinSignal
5
🔥BINANCE IS UNDER USA OFFICIALS PRESSURE. WHO POSSIBLE WINNERS?🔥 Hi friends! U.S. Senators: Binance is a "hotbed of illegal financial activity". I think that you understand that not the best news for Binance and for crypto as well (at least in a short and mid term perspective). This is the first large FUD after the recent ban of BUSD emission by Paxos. I think there is a reason why Ark Investment (Katie Wood) has been buying up Coinbase shares for the last 3 months. Everyone is waiting for regulation, and in the US, COIN is the largest crypto player. TWT, SFP, dYdX were the top gainer during FTX collapse and Binance FUD. The most of them are DEXes (decentralized exchanges) and wallets. I would add BSW and DODO to this list too. Pay attention to them, because if the FUD and bans will continue, they start to grow again. 📊 TRADING PLAN FOR BNB: 🔥 pullback to $288-292 value area nd collection of long traders sl which placed there 🔥 volume growth which confirm that bottom is reached (buyer is in) 🔥 bullish BTC 🚩 BNB fell below the huge value area of $301-309. Thats actually why I'm bearish on BNB. This is a short signal, but it will be bullish if price returns above. ✅ MY TARGETS FOR BNB: 1. $328 - the key level 2. $338 - the key level and local highs 3. $361 - the key level Traders, what do you think about this Binance FUD? Will it end as many other reports or this time it will force the traders and investors to withdraw crypto from Binance? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
1
Polygon Matic UsdtIF Not APT Polygon Matic has been one of the best performing asset during the bull run and during this accumulation period I wish i was in belief at the bottom but i was waiting to see BTC BOTTOM OUT and i sill havent open any position on Matic WHY do matic make me think of Mars Maybe its EARTH LAYERR 2 LMAO What i really wish for; in the coming days after cpi I wish to stay Neutral But an Old WISE MAN ONCE SAID GO SHOPPING WHEN THERE IS BLOOD IN THE STREET LMAO WARREN ICT STUDENT This is not a financial advice OR TRADE SIGNAL DYOR
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by Wakandian
🔥SOLANA WILL MAKE NEW HIGHS AFTER THIS FALSE BREAKOUT🔥Hi, friends! Solana falls with all other altcoins during this dump. The main reason for this dump was Jeremy Powell's speech. He said that crypto will go to 0, if USA government starts the CBDC (digital dollar). 📊 MY TRADING PLANS FOR SOL: 🔥 pullback to the $13-14.5 value area 🔥 volume growth 🔥 bullish BTC 🚩 Friends, I use DOM and Footrpint to track the big guys buy/sell orders. In such cases of uncertainty, these are the best tools that help you to make trading decisions. ✅ MY TARGETS FOR SOL: 1. $20.4 - the key level 2. $27 - the key level and local highs 3. $35 - the key level Traders, what do you think about Solana? Will it survive this bear market? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
MATIC Strong Castle 🏰 Analysis #17/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups. on H4: Right Chart MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet. 🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
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by TheSignalyst
5
MATIC- New Targets (1.7$ next for now)MATIC POLYGON has been growing and becoming a success story in crypto. Since my first idea at 40 cents: we have had many ups and down...but mostly ups. Polygon has been a great one to buy every time the market dips and that's again today. 0.96 is support and if that fails we could see 76 cents again but i think this could be a great time to attempt a Long position (i do have a SL under 94 cents). News: Polygon Labs is proud to drop its Core Policy Principles – a set of four guideposts that will drive our approach to advocating for sound laws for the web3 ecosystem. More info 👇 Principles is something GREAT when it comes to crypto (so many scams out there...) Starbucks Sells 2,000 NFTs In Just 20 Minutes — But No Free Coffee Included: Starbucks Odyssey on Thursday unveiled its first set of paid-for NFTs, called “digital stamps,” which were sold out in under 20 minutes. What Happened: The Starbucks NFT program is invitation-only, offering customers the chance to take part in activities such as quizzes and in-store purchases to earn Stamps. These Stamps can then be collected and even resold on the cryptocurrency-trading platform, Nifty Gateway. uk.investing.com In general.. Matic is an oasis in a troubled crypto sphere. Go Matic! One Love, The FXPROFESSOR REMEMBER TO ENTER ON SUPPORT AND TAKE PROFIT AT RESISTANCE:
MLong
by FX_Professor