Polygon

In the ever-volatile world of cryptocurrencies, Crypto Tony, a renowned <a href="https://cryptotale.org/how-to-analyze-cryptos-with-crypto-market-analysis-platforms/" rel="noopener noreferrer nofollow">market analyst</a>, maintains his short position on the MATIC/USD pair, expressing skepticism towards a potential reversal. With the price action failing to convince him otherwise, Tony’s confidence in his prediction remains unwavering.Crypto Tony holds strong on MATIC/USD, expecting a downward sweep at the crucial 0.72c support zone. Lacklustre price action fuels his conviction for continued bearish sentiment:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0aec18447d0e403e98cb0893502aef27.png" />The support zone at 0.72c emerges as the pivotal level to watch closely, as the market teeters on the edge of a potential breakdown. The bears stand firm, eagerly awaiting a sweep of this crucial support level, which could pave the way for further downward momentum.Read full article at <a href="https://cryptotale.org/matic-usd-price-fails-to-reverse-sweeping-support-levels-await/" rel="noopener noreferrer nofollow">CryptoTale.</a>

MATIC/USD Price Fails to Reverse, Sweeping Support Levels Await

CryptoTale

Other articles published on May 20, 2023

BTC Tight Around $27K: Calm Before The Storm? (Bitcoin Price Analysis)

Every Drop Counts: Saving Water for a Sustainable Future

Ripple Unveils Blockchain-Powered CBDC Platform as XRP Price Maintains Gains

How Two Men Got Life Sentences in Vietnam for Committing a $1.5M Crypto Theft: Report

AI to lead the next crypto bull rally

Singapore's Whampoa Group to Launch Digital Bank in Bahrain

Join our free newsletter for daily crypto updates!