The MATIC price is rapidly approaching the end of the symmetrical triangle it has been trading in since December 11. Both a breakout and a breakdown remain possible. The use of a stop loss is highly recommended.
MATIC Highlights
The MATIC price is following an ascending support line
It has found support above the 200-day moving average (MA).
The price is trading inside a
×
BeInCrypto Premium - Register for FREE now.
Related topics
Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.