Science
MATIC Price Forecast: Polygon awaits 40% breakout – FXStreet
The MATIC price is in a consolidation pattern with no inherent bias. Hence a breakout from this phase could push the token’s price in either direction
- MATIC price is consolidating inside a symmetrical triangle pattern awaiting a breakout.
- A decisive close above either of the trend lines results in a 40% move.
- Transactional data shows stacked barriers that could deter Polygon’s upswing.
The MATIC price is in a consolidation pattern with no inherent bias. Hence a breakout from this phase could push the token’s price in either direction.
The MATIC price slid into consolidation, creating lower highs and higher lows due to aggressive yet diminishing pressure…
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