Polygon’s MATIC Could Face a Correction Polygon looks primed | https://t.me/crypto_news_collector
Polygon’s MATIC Could Face a Correction
Polygon looks primed for a retracement after soaring in market value over the past month. Still, there is a massive area of support that may help its price hold.Polygon appears to be preparing for a correction, but it has yet to break through a vital support cluster. MATIC has enjoyed a rally over the past month. It surged by more than 200%, rising from a low of $0.32 to hitting a high of $0.98 on July 18. Given the significance of the upswing, it appears that the token is now trading in overbought territory.
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