Tuesday, March 28, 2023
The Dao Makers
No Result
View All Result
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
No Result
View All Result
The Dao Makers
No Result
View All Result

Bulls Aim Fresh Rally To $1.12

by The Dao Makers
December 4, 2022
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


MATIC worth began a contemporary enhance from the $0.765 assist zone. Polygon bulls at the moment are aiming a contemporary enhance above the $1.00 resistance zone.

MATIC worth began a good enhance above the $0.90 resistance towards the US greenback.
The value is buying and selling above $0.90 and the 100 easy transferring common (4-hours).
There was a break above a key contracting triangle with resistance at $0.850 on the 4-hours chart of the MATIC/USD pair (information supply from Kraken).
The pair may proceed to rise in direction of the $1.00 and $1.12 resistance ranges.

Polygon’s MATIC Value Eyes Regular Enhance

This previous month, polygon’s worth declined beneath the $1.0 assist zone. MATIC even broke the $0.85 assist zone and the 100 easy transferring common (4-hours).

Nonetheless, the bulls had been lively close to the $0.765 assist zone. A low was shaped close to $0.7642 and the value began a good restoration wave. The value was in a position to clear the $0.80 and $0.85 resistance ranges. There was a break above the 23.6% Fib retracement stage of the primary drop from the $1.231 swing excessive to $0.764 low.

Apart from, there was a break above a key contracting triangle with resistance at $0.850 on the 4-hours chart of the MATIC/USD pair. The pair is now buying and selling above $0.90 and the 100 easy transferring common (4-hours).

It gained over 5% right now, outperforming bitcoin and ethereum. On the upside, a direct resistance is close to the $0.9580 stage. The primary main resistance is forming close to the $1.00 zone. It’s close to the 50% Fib retracement stage of the primary drop from the $1.231 swing excessive to $0.764 low.

Supply: MATICUSD on TradingView.com

If there’s an upside break above the $0.98 and $1.00 resistance ranges, the value may begin one other robust enhance. Within the acknowledged case, the value may rise steadily in direction of the $1.12 stage.

Dips Restricted in MATIC?

If MATIC worth rise above the $0.958 and $1.00 resistance ranges, it may begin a draw back correction. A right away assist on the draw back is close to the $0.90 stage.

The primary assist is close to the $0.850 stage and the 100 easy transferring common (4-hours). A draw back break beneath the $0.850 stage may open the doorways for a contemporary decline in direction of $0.80. The following main assist is close to the $0.725 stage.

Technical Indicators

4-hours MACD – The MACD for MATIC/USD is gaining momentum within the bullish zone.

4-hours RSI (Relative Energy Index) – The RSI for MATIC/USD is now within the overbought zone.

Main Assist Ranges – $0.90 and $0.85.

Main Resistance Ranges – $0.95, $0.98 and $1.00.



Source link

Tags: AimBullsFreshRally
Previous Post

How to Become a Smart Contract Auditor?

Next Post

Python and Web3 – A Web3 and Python Tutorial for Blockchain Development

Related Posts

Analysis

This catalyst could push Litecoin price higher soon

March 27, 2023
Analysis

Coinbase stock falls again, what happens next for struggling exchange?

March 24, 2023
Analysis

Crypto price predictions: OAX, Mask Network, Arbitrum

March 24, 2023
Analysis

For new investors in the crypto market, Bitcoin shares are recommended for entry instead

March 23, 2023
Analysis

Here are the 12 Best GameFi Crypto Tokens to Invest in Now

March 24, 2023
Analysis

Bitcoin slides off Fed meeting before bouncing back, but what next?

March 25, 2023
Next Post

Python and Web3 - A Web3 and Python Tutorial for Blockchain Development

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $18,933.97-0.86%
  • ethereumEthereum(ETH)
    $1,307.62-2.72%
  • tetherTether(USDT)
    $1.000.02%
  • usd-coinUSD Coin(USDC)
    $1.00-0.08%
  • binancecoinBNB(BNB)
    $275.09-1.90%
  • rippleXRP(XRP)
    $0.4958113.93%
  • binance-usdBinance USD(BUSD)
    $1.000.03%
  • cardanoCardano(ADA)
    $0.452813-2.01%
  • solanaSolana(SOL)
    $33.06-2.12%
  • dogecoinDogecoin(DOGE)
    $0.062007-5.94%
  • Trending
  • Comments
  • Latest

At December 4, 2022, USD Coin contract distributed the USDCGift token to the eligible holders of USD Coin on the Ethereum mainnet network. : ethereum

December 5, 2022

Intuit Pulls from Mint to Build New Credit Karma Net Worth Tool

March 9, 2023

🦄 uniswap-universal-router-decoder ✨ v0.8.0 ✨ has just been released !!

March 18, 2023

Donald Trump’s Pathetic, Embarrassing Announcement & Santa’s Lap or Booster Shot?

March 21, 2023

Gilane Tawadros on her greatest influences

December 3, 2022

BTC Consolidates, Ahead of Pivotal FOMC Meeting – Market Updates Bitcoin News

March 21, 2023

The Crypto Market and Altcoins Will Skyrocket After The Bitcoin Halving

46

Mark Zuckerberg addressed laid off employees today — here's what he said

47

Earth 2 Version 1 3D Earth Showcase (watch in 4K)

50

ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

27

Influencer Crypto Scammer Tier List

24

Blackrock CEO: Huge Crypto News!

37

Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’ – Economics Bitcoin News

March 28, 2023

Coinbase Identifies Four Key Innovations for its Layer-2 Network

March 28, 2023

Binance CEO Changpeng Zhao admits to using company products but says employee trading is limited

March 28, 2023

Polygon Launches zkEVM Mainnet Beta,

March 28, 2023

Now you can get a commemorative NFT for the adidas sneakers you bought.

March 28, 2023

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon – Markets and Prices Bitcoin News

March 28, 2023
Telegram Twitter TikTok Youtube RSS
The Dao Makers

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Dao Makers.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • Dating Online
  • DeFi
  • Ethereum
  • Fix Driver Errors
  • Launchpads
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In