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MATIC price flashes buy signals but Polygon buyers nowhere to be found

  • MATIC price presents a buy signal on the 4-hour and 1-day chart.
  • Low volume suggests that an upswing could be difficult to materialize. 
  • Polygon must hold above the 50-day moving average to advance higher. 
MATIC price flashes buy signals but Polygon buyers nowhere to be found
FXStreet TeamFXStreet TeamFXStreet

MATIC price seems to be holding above a crucial support barrier while a particular technical indicator suggests its time to buy. 

MATIC price on thin ice

In the following video, FXStreet's analysts evaluate where MATIC price could be heading next as Polygon presents multiple buy signals.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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