Market in the last 24hrs
MATICUSD saw a major downward momentum as the price moved form the middle to the bottom Bollinger band. Trading volume has been high suggesting that the bearish momentum is strong and is likely to continue.
Today’s Trend analysis
The price appears to be moving below the bottom Bollinger band suggesting that the price has rejected it as a...
Market Analysis:
As BTC rejected the support line at 48.5K twice in the last week, the downtrend of BTC continues. Though volatility is low after a sudden drop recently after Tesla’s refusal to accept BTC as a payment method.
What does the future look like:
1. BTC after rejecting the 48.5K is moving through another downward wedge with a support line at 42K, if...
