Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

MATIC is oversold after the markets experience a rebound.

MATIC's sharp rebound placed the price back above its 200-day exponential moving average , a level significant for its role in limiting the market's downside bias.On Jan. 25, MATIC bulls attempted to reclaim the 200-day EMA as support almost a week after losing it. The drop-and-bounce around the blue wave looked very similar to the price action in the July–August period last year, wherein closing above it had led to a 200%-plus price rally.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

XFLOKIVERSE is the token used for the world-building items inside the metaverse, including the planets and the unique environments. A token with high stability 💯 XRPL XRPCommunity XRPArmy

FlokiVerse is the token used for the world-building items inside the metaverse, including the planets and the unique environments. A token with high stability 💯 XRPL XRPCommunity XRPArmy

Breaking News New Centralized Exchange, Blue…CEX Huge benefits to our BlueSparrow holders past, present and future Buying/selling BlueSparrow with no gas fees listing the first 10 professional, legit tokens for free ETH BlueSparrow BlueSparrowCommunity BlueSparrowETH WEB3

Breaking News New Centralized Exchange, Blue…CEX Huge benefits to our BlueSparrow holders past, present and future Buying/selling BlueSparrow with no gas fees listing the first 10 professional, legit tokens for free ETH BlueSparrow BlueSparrowCommunity BlueSparrowETH WEB3

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 562. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bitcoin Rebounds 10% From Yesterday's Bottom, Crypto Markets Gain $120B (Market Watch)The cryptocurrency market managed to recover about $120 billion since yesterday's bloodbath. Bitcoin is trading around $36K while many altcoins bounce.
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »