Polygon Reaches An Oversold Region And Can Hold Above $1.00
Feb 28, 2023 at 09:34 // Price
Author Coin Idol
Polygon (MATIC) price is falling as it breaks below the 21-day line SMA.
Polygon price long-term forecast: bearish
The current uptrend is over as it was rejected at the high of $1.54. Similarly, bearish exhaustion has been reached by selling pressure. The market has dipped into oversold territory on the shorter term horizon. Moreover, the Polygon between the moving average lines has declined. The altcoin may resume its movement between the moving average lines when the selling pressure subsides. If the crypt...