Polygon

Rise

Daily

Coin

<ul class="news-points"> 
 <li><strong>The global cryptocurrency market cap dropped 0.17% over the past 24 hours.</strong></li> 
 <li><strong>The latest wave of sell volume has led to the formation of promising chart patterns on the charts of MATIC, MANA, and GMT.</strong></li> 
 <li><strong>A breakout pattern had formed on GMT’s chart while MATIC was attempting to escape from a negative price channel.</strong></li> 
</ul> 
<p>The global <a href="https://coinedition.com/market/">cryptocurrency market</a> cap dwindled throughout the past day of trading, according to CoinMarketCap. At press time, the market’s valuation was down 0.17% and stood at around $1.04 trillion.</p> 
<p>As a result, traders may step in to purchase cryptocurrencies at a discount. Most notably, chart patterns present on the charts of MATIC, GMT, and MANA suggested that these 3 altcoins may enter into a brief bullish move soon – potentially opening up fair trade opportunities for investors and traders.</p> 
<h2 class="wp-block-heading" id="h-polygon-matic"><strong>Polygon (MATIC)</strong></h2> 
<p>MATIC found itself stuck in a medium-term negative price channel, which suggested that the altcoin may have a fair amount of work to do before it can overcome the strong bearish trend. Nevertheless, traders were attempting to boost the cryptocurrency out of this descending price channel.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="1835" height="893" src="https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1.png" alt="" class="wp-image-338963" srcset="https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1.png 1835w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-300x146.png 300w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-1024x498.png 1024w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-380x185.png 380w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-768x374.png 768w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-1536x747.png 1536w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-159x77.png 159w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-795x387.png 795w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-440x214.png 440w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-414x201.png 414w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-326x159.png 326w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-377x183.png 377w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-123x60.png 123w, https://coinedition.com/wp-content/uploads/2023/09/Matic-1-1-129x63.png 129w" sizes="(max-width: 1835px) 100vw, 1835px">
  <figcaption class="wp-element-caption">
   <em>Daily chart for MATIC/USDT (Source: <a href="https://www.tradingview.com/x/jZKHE9Mg/" target="_blank" rel="nofollow">TradingView…</a></em>
  </figcaption>
 </figure>
</div>
<p>The post <a rel="nofollow" href="https://coinedition.com/mana-matic-gmt-may-rise-soon-as-chart-patterns-look-promising/">MANA, MATIC, GMT May Rise Soon as Chart Patterns Look Promising</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

MANA, MATIC, GMT May Rise Soon as Chart Patterns Look Promising

Table of Contents

Coin Edition

Other articles published on Sep 27, 2023

Coinone Employees Sentenced for Accepting Bribes in Cryptocurrency Listing Scandal

The Future of Crypto Adoption Remains Uncertain Despite Widespread Fiat Salaries

Kansas Bank CEO Resigns Over Crypto Scam Loan Request!

Navigating the AI Revolution: A Strategic Roadmap for Businesses

US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy

Bitcoin Spark Celebrates Success With a $5,000 Giveaway. What About Dogecoin?

Join our free newsletter for daily crypto updates!