Polygon

Reversal

Coin

<ul class="news-points"> 
 <li>MATIC price finds support at $0.6887 amid bearish pressure.</li> 
 <li>Rising trading volume indicates increased interest in MATIC and heightened volatility.</li> 
 <li>The widening Bollinger bands suggest potential upward price movement.</li> 
</ul> 
<a href="https://coinedition.com/tag/polygon-matic/" rel="noopener noreferrer nofollow">Polygon (MATIC)</a> bears have outnumbered bulls in the previous 24 hours, with bullish attempts to recoup failed after falling short of the $0.7129 resistance. As a result, MATIC’s price fell to a 24-hour low of $0.6887, where it found some support. 
The MATIC price currently trades at $0.7012, indicating a slight rebound from the 24-hour low. If bulls break over the $0.7129 barrier, it might suggest a trend reversal and a shift in sentiment toward the bulls. However, if bears continue to maintain pressure and thwart a breakout, the price may fall lower near crucial support levels. 
MATIC’s market capitalization fell by 1.50% to $6,538,892,166, while its 24-hour trading volume increased by 21.81% to $237,828,251. This rise in trading volume indicates more activity and interest in MATIC. Many buyers and sellers may be in the market, leading to heightened volatility and price fluctuation. 
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 <figure class="aligncenter size-full"> 
 <img decoding="async" width="935" height="619" src="https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2.png" alt="" class="wp-image-324806" srcset="https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2.png 935w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-300x199.png 300w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-264x175.png 264w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-380x252.png 380w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-768x508.png 768w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-592x392.png 592w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-106x70.png 106w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-134x89.png 134w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-216x143.png 216w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-672x445.png 672w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-373x247.png 373w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-363x240.png 363w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-249x165.png 249w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-319x211.png 319w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-279x185.png 279w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-122x81.png 122w, https://coinedition.com/wp-content/uploads/2023/07/Matic-1-2-113x75.png 113w" sizes="(max-width: 935px) 100vw, 935px"> 
 <figcaption class="wp-element-caption"> MATIC/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/polygon/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>) 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bulls-and-bears-clash-matic-price-signals-trend-reversal/">Bulls and Bears Clash: MATIC Price Signals Trend Reversal</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Bulls and Bears Clash: MATIC Price Signals Trend Reversal

Coin Edition

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