bitcoin
Bitcoin (BTC) $ 95,835.68
ethereum
Ethereum (ETH) $ 2,811.20
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 654.16
xrp
XRP (XRP) $ 2.55
cardano
Cardano (ADA) $ 0.765721
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.293357
binance-usd
BUSD (BUSD) $ 0.996323
dogecoin
Dogecoin (DOGE) $ 0.241933
okb
OKB (OKB) $ 49.10
polkadot
Polkadot (DOT) $ 4.95
shiba-inu
Shiba Inu (SHIB) $ 0.000015
tron
TRON (TRX) $ 0.24456
uniswap
Uniswap (UNI) $ 8.99
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,856.68
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 128.23
staked-ether
Lido Staked Ether (STETH) $ 2,805.43
solana
Solana (SOL) $ 168.00
avalanche-2
Avalanche (AVAX) $ 24.56
chainlink
Chainlink (LINK) $ 17.56
cosmos
Cosmos Hub (ATOM) $ 4.87
the-open-network
Toncoin (TON) $ 3.76
ethereum-classic
Ethereum Classic (ETC) $ 20.70
leo-token
LEO Token (LEO) $ 9.76
filecoin
Filecoin (FIL) $ 3.41
bitcoin-cash
Bitcoin Cash (BCH) $ 325.55
monero
Monero (XMR) $ 234.25
bitcoin
Bitcoin (BTC) $ 95,835.68
ethereum
Ethereum (ETH) $ 2,811.20
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 654.16
xrp
XRP (XRP) $ 2.55
cardano
Cardano (ADA) $ 0.765721
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.293357
binance-usd
BUSD (BUSD) $ 0.996323
dogecoin
Dogecoin (DOGE) $ 0.241933
okb
OKB (OKB) $ 49.10
polkadot
Polkadot (DOT) $ 4.95
shiba-inu
Shiba Inu (SHIB) $ 0.000015
tron
TRON (TRX) $ 0.24456
uniswap
Uniswap (UNI) $ 8.99
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,856.68
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 128.23
staked-ether
Lido Staked Ether (STETH) $ 2,805.43
solana
Solana (SOL) $ 168.00
avalanche-2
Avalanche (AVAX) $ 24.56
chainlink
Chainlink (LINK) $ 17.56
cosmos
Cosmos Hub (ATOM) $ 4.87
the-open-network
Toncoin (TON) $ 3.76
ethereum-classic
Ethereum Classic (ETC) $ 20.70
leo-token
LEO Token (LEO) $ 9.76
filecoin
Filecoin (FIL) $ 3.41
bitcoin-cash
Bitcoin Cash (BCH) $ 325.55
monero
Monero (XMR) $ 234.25
Sunday, February 23, 2025
bitcoin
Bitcoin (BTC) $ 95,835.68
ethereum
Ethereum (ETH) $ 2,811.20
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 654.16
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.55
binance-usd
BUSD (BUSD) $ 0.996323
dogecoin
Dogecoin (DOGE) $ 0.241933
cardano
Cardano (ADA) $ 0.765721
solana
Solana (SOL) $ 168.00
matic-network
Polygon (MATIC) $ 0.293357
polkadot
Polkadot (DOT) $ 4.95
tron
TRON (TRX) $ 0.24456
bitcoin
Bitcoin (BTC) $ 95,835.68
ethereum
Ethereum (ETH) $ 2,811.20
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 654.16
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.55
binance-usd
BUSD (BUSD) $ 0.996323
dogecoin
Dogecoin (DOGE) $ 0.241933
cardano
Cardano (ADA) $ 0.765721
solana
Solana (SOL) $ 168.00
matic-network
Polygon (MATIC) $ 0.293357
polkadot
Polkadot (DOT) $ 4.95
tron
TRON (TRX) $ 0.24456
HomeGameThe value of MATIC rests on a constructive trendline and should quickly...

The value of MATIC rests on a constructive trendline and should quickly fall

  • MATIC value had continued its constructive weekly streak printing a 24-hour achieve.
  • The value of the altcoin was buying and selling at $0.9204 after rising greater than 3%.
  • Technical indicators recommend that the value of MATIC may even see a correction quickly.

Polygon (MATIC) value continued its constructive weekly streak over the previous 24 hours based on CoinMarketCap. At press time, the Layer 2 crypto was buying and selling at $0.9204 after gaining 3.36% within the final day. This constructive efficiency added to the already constructive weekly efficiency of the altcoin, which thus stood at +6.12%.

MATIC additionally outperformed the 2 crypto market leaders Bitcoin (BTC) and Ethereum (ETH) over the previous 24 hours. Because of this, the altcoin rose 1.92% towards BTC and 1.90% towards ETH. The altcoin, nevertheless, had retreated considerably from its each day excessive of $0.9514. In the meantime, its 24-hour low stood at $0.8935.

4-hour chart for MATIC/USD (Source: TradingView)
4-hour chart for MATIC/USD (Supply: TradingView)

MATIC’s value was at a turning level at press time, because it was resting on a constructive trendline on its 4-hour chart. A break beneath this trendline may see the altcoin value drop to the following key help stage at $0.89672.

Alternatively, MATIC value remaining above the trendline for the following 24 hours will see it swing the closest resistance stage at $0.94186 into help. Merchants ought to notice that the RSI was about to show decrease, with the RSI line seeking to cross beneath the RSI SMA line.

See also  Hoskinson pushes for bipartisan crypto regulation, targets prime Democrats

If the RSI line crosses beneath the RSI SMA line on the 4-hour chart within the subsequent 24 hours, the value of MATIC can also be more likely to break beneath the aforementioned $0.89672 within the subsequent 48 hours. At this level, the crypto value can have no help to forestall it from focusing on $0.84395.

Disclaimer: Views and opinions, in addition to all data shared on this value evaluation, are printed in good religion. Readers ought to do their very own analysis and due diligence. Any motion taken by the reader is strictly at his personal danger. Coin Version and its associates is not going to be held responsible for any direct or oblique harm or loss

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular