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MATIC bulls emerge from the abyss, resuming the Polygon rise towards $2.5.
Since November 17, the price of polygon has increased, indicating that bulls are slowly but steadily gaining traction.
Bulls are seeking to reclaim the monthly pivot at $1.80 in MATIC pricing.
Expect a run to $2.48 if bulls can close above $1.80.
Despite the fact that other cryptocurrencies have been on the down in recent days, the price of Polygon (MATIC) has been climbing. Bulls are now attempting to consolidate and close above the monthly pivot with this increase. Bulls have a rather simple rally up to $2.48 after they pass that obstacle, with a potential gain of 38 percent.
The MATIC price is on a positive rise, with a 38 percent increase.
MATIC price continues to go higher in a positive trend with a small acceleration. The upswing began a week ago under difficult conditions due to headwinds in global cryptocurrency markets. Since November 19, the Relative Strength Index (RSI) has been indicating bullish movement. Meanwhile, investors have reclaimed the historic $1.57 level and added the 55-day Simple Moving Average (SMA) to their arsenal of support.
MATIC pricing is now slowing as bulls attempt to reclaim control of the monthly pivot, but based…
