Polygon, which came back to $ 0.88 months later ( MATIC), trying to hold above the support level.
One of the most appreciated altcoins in the first quarter of 2023 MATIC , came to $ 0.88 after a long hiatus. The selling wave is still continuing in the popular coin, which last priced at these values on January 8th. It has lost 44 percent of its value since February 13. MATICWhat’s up with the chart?
Polygon (MATIC) Graphics Analysis
Sellers continue to dominate in MATIC, which broke the $0.94 support to the downside and relaxed to $0.877. MATIC, which gained significant value in the first quarter of 2023, seems to have lost its old momentum. MATIC, which has been in a downtrend since January, is currently finding buyers at $ 0.884.
In order for the rises on the MATIC side to continue, the resistances of 0.94 – 1.02 – 1.112 – 1.190 dollars can be followed, respectively. In case the market progresses with sellers, 0.8710 – 0.871 and the annual opening price, respectively, can be followed as support.
