Polygon soars 70% following development updates, Disney accelerator
Since June 18, Polygon (MATIC) has been rising along a support trendline. During this uptrend, it has broken several lines of resistance, culminating in a decisive break of the ascending triangle pattern on July 18. Over the past week, Polygon climbed roughly 70% and is currently retesting the $0.8899 resistance level. A daily close above the triangle neckline ($0.7486) will give bulls adequate footing for another leg higher. Technical Analyst FX_Professor has set $1 and $1.27 price targets off the back of this outbreak.General market price action has seen elements of recovery following the brutal sell-off.
Source
https://t.me/Matic_Chainlink_Monero
