MATIC, which once came to the fore with its incredible rise, challenged a dollar band with its latest move.
MATIC, which is among the most popular coins of 2021, is on the gas during this rise. The major coin, which increased by more than 10 percent in the last 24 hours, retreated before reaching 1 dollar. The dollar, which is a challenging resistance level both psychologically and technically, can bring about a big rise if it is exceeded.
He was rejected before reaching 1 dollar!
The major coin, which was last traded at one dollar at the beginning of May, has targeted the same level again. If MATIC, which is traded at $ 0.9312 as of the writing of the news, exceeds $ 0.9437, it will want to target $ 0.9881 – 1.0731 and $ 1.1906, respectively. Especially with the break of $ 1.0731, a possible upward scenario may accelerate further.
Alarm bells will ring as BTC eases towards $35,000 or MATIC tests $0.8422. In a possible decline scenario, the levels where a withdrawal can be expected are 0.7590 – 0.6585 and the monthly opening price, respectively. As it stays below the monthly opening price, the possibility of a decline towards $0.50 will gradually increase.
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