Even though the Polygon (MATIC) market started the day with strong momentum, it has had a tough 24 hours. This bullish domain attempted to raise prices before retreating when it hit resistance at $0.8047. Bears have taken control of the market as of press time, with prices falling by 0.46% to $0.7972.
This move in the MATIC market was reflected in a 0.15% drop in market capitalization and an 81.64% increase in 24-hour trading volume to $6,979,320,570 and $393,658,479, respectively.
The post Technical Indicators Point to Impending Correction in the MATIC Market appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
