- The MATIC crypto is in an uptrend, around 2.4%, during the intraday trading session.
- The 24-hour trading volume is at $1,017 billion.
- MATIC/BTC pair is trading positive by 1.7% at 0.00002943 BTC.
Daily technical chart and price trend of Matic crypto are showing a flat trend. Based on the pivot level, the first support zone is 1.05 USDT. From another perspective, if it rushes, the resistance level to watch is 1.65 USDT. Thus, the graph made a Doji candle pattern during the day, and the cost is relied upon to remain sideways with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost flies above the green ribbon, so it will guarantee an upswing in MATIC until the cost dwells above.
Trading volume (22.025 M) is underneath the 20-day moving average (191.844 M). To put it plainly, the volume is low, making the cost struggle around the pivot levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is typical in the following trading days.
The Stochastic RSI (bullish) with a value of K-39 D-35 presents a sell signal in the coin. Investors may observe an inclining slant and a positive crossover on the index. It may remain in positive territory for future trading sessions.
MATIC Crypto Low Volume Makes Price Remain Flat
Today’s price for Polygon is $ 1.42, and the 24-hour trading volume is $ 1,017,091,099. MATIC prices have risen 2.4% in the last 24 hours. The circulation volume is 6.7 billion MATIC coins, and the total amount is 10 billion coins. The Stochastic RSI points to a buying indication, and the traders have prompted low volume. In fact, the cost is struggling over the pivot regions and proceeds in an upturn. In like manner, with the general market perspective, the pattern stays bullish for coming trading days.
Resistance Level: $1.65
Support Level: $1.05