Ethereum

Flow

Polygon

MN Coin

Coin

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 <li>MATIC flipped the $0.72 resistance, as demand pushed the price to a 30-day high.</li> 
 <li>The CMF indicated that more money had flown into MATIC but the momentum could slow down.</li> 
 <li>Buying pressure increased and a majority of traders opened long positions.</li> 
 </ul> 
 <a href="https://coinedition.com/tag/polygon-matic/" rel="noopener noreferrer nofollow">Polygon (MATIC)</a> recovered from its week-long consolidation, as it gained 7.46% against Bitcoin (BTC) and 7.47% against Ethereum (ETH). All of these, which happened in the last 24 hours, ensured that MATIC beat the $0.72 resistance which appeared on July 4. 
 From the daily chart, MATIC could not surpass $0.72 after a series of bullish orders on July 1. However, after the rise to $0.72, selling pressure drew back the pivot, and MATIC fell back to the $0.65 demand area. 
 <h2 class="wp-block-heading" id="h-more-capital-and-the-price-rises">More Capital and the Price Rises</h2> 
 However, bulls had other plans, and as buying pressure increased, MATIC was able to grace a new high at $0.74. Besides the <a href="https://coinedition.com/matic-breaks-above-0-7-mark-after-long-term-retracement/" rel="noopener noreferrer nofollow">positive</a> price reaction, the Chaikin Money Flow (CMF) indicated that a high level of liquidity had entered into MATIC in the last 21 days. 
 Also, the CMF was in the positive territory at 0.04. Thus, this indicates more buying pressure when considering the money flowing into the asset. However, tr… 
 The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/matic-analysis-matic-pivots-to-0-74-whats-next-for-the-token/">MATIC Analysis: MATIC Pivots to $0.74, What’s Next for the Token?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.
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MATIC Analysis: MATIC Pivots to $0.74, What’s Next for the Token?

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