MATIC - not the best time to invest This coin has a lot of fans that support the project and the idea.
Currently, it's 75% down from its all-time high meaning it's performing better than the majority of the coins that are mostly down more than 90%.
But we hit a strong resistance point at $1.10 and got rejected.
We're approaching daily support at $0.70 and considering the fact that we tested it many times and took liquidity from that zone, we expect a break of that area.
In that scenario, weekly support at $0.35/0.38 is the next target for MATIC.
This is where buying and accumulating for the next bull cycle makes sense because I think currently the price is too high for long-term investing!
