MATIC price to provide opportunity to accumulate before Polygon rallies 30% - Aliens: AI Crypto News & Markets Updates

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MATIC price to provide opportunity to accumulate before Polygon rallies 30%

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FX Street

Fri, Nov 26, 2021

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Aliens TLDR

MATIC price is currently facing headwinds around $1.87, hinting at a formation of a swing high.

MATIC price looks ready for a correction as a potential swing high seems to be forming.

Therefore, market participants can expect MATIC price to see a bullish reaction around the levels mentioned above.

The likely target for market markers would catapult MATIC price above the double top at $2.13, where buy-stop liquidity rests.

MATIC/USDT 4-hour chart On the other hand, if MATIC price fails to hold above $1.65, it will retrace to the subsequent level at $1.62, where it could give the uptrend another go.

The author will not be held responsible for information that is found at the end of links posted on this page.

The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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