MATIC Price Analysis: MATIC Price is Making a Steady Comeback

The native token of Matic Network, after a great deal of tug of war over an inaccurate claim, had slid down by 70%. However, the twitter feud resolved and the Matic network cleared their stance over this matter. The MATIC price fared poorly amidst this feud.

MATIC Price analysis:

MATIC token price is making a steady comeback following this feud. Looking at the one-day chart, one can observe that the price growth is slow but steady. After falling to $0.016 USD in the late hours of Tuesday, the price now has risen to $0.019 USD. Even Though the percent change is showing a negative value of -4.86%; the price is definitely better than a day earlier. 

The technical indicators show that the token is showing bullish signs. 

  • RSI Indicator – the one-chart of RSI shows the price nearing the 60 levels with continual growth.
  • MACD Indicator – The one-hour MACD Chart is in green region depicting price growth. 

All in all, the token is showing a great comeback. Let’s hope it jumps back. What do you think of this MATIC price? Let us know your thoughts on Facebook and Twitter pages.

The post appeared first on Coinpedia

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