Can these improvements in the pipeline have a positive effect on the price? The price charts showed the MATIC bears to have the upper hand over the past week, but the buyers could force a bounce toward $1 in the coming weeks.A bullish order block was seen in the $0.8 region . It shows a bearish candle followed by a bullish move higher to $0.9 and $1.03. The dip followed by a break in structure to bullish meant that theAt the time of writing, the token was trading at $0.
Could this change in the weeks to come? If Bitcoin sees a sharp plummet once more, then it was very likely that MATIC could follow and break beneath $0.76. Until the token does indeed break down below, it offered a buying opportunity.The RSI dipped below neutral 50 and retested the same as resistance. In recent months, the 57 and 40 levels have acted as support and resistance. This was not surprising, as the vicinity of 40 and 60 usually do.
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