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Cryptopolitan 2021-08-27 16:20:34

Polygon Price Analysis: MATIC/USD is bullish after recovering over 5 percent losses and eyeing a $1.70 swing high

TL;DR Breakdown Polygon price analysis suggests a bullish trendlineOur 24-hour Polygon chart shows a daily range of $1.3500 – $1.5002.MATIC/USD RSI on the 4-hour Polygon price analysis is on the supply zone  Polygon price analysis suggests a bullish trendline over the next 24-hours after the coin saw an 8.50 percent upward momentum. The MATIC/USD pair is currently attempting to cross the $1.5 mark after the bears displaced bulls from the same intraday high in the early morning session. This saw the coin pullback towards the intraday low of $1.35. However, the scalability token has already managed to recover losses incurred during yesterday’s upswing and is striking several long white soldiers on the 4-hour chart.  Most of the digital assets market is trading within mixed signals, with market leaders BTC and ETH gaining at least 4 percent on the daily chart. While BNB, ADA, and XRP are losing part of their value on the 24-hour chart. The best performer is Solana which saw a 20 percent bullish movement to the $80 mark.  Polygon price movement in the last 24 hours: Polygon sets another lower low at $23.5 Our 24-hour Polygon price analysis chart is showing a daily range of $1.3500 – $1.5002, a narrow range that suggests low volatility. Polygon’s trading olume underwent a 9.0 percent positive change to a total of $987 million. The total market capitalization for the scalability network went up by 5 perce...

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