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- By closing daily candles above the 0.8959$ resistance, MATIC price can continue its rise up to 1.032$ levels.
- The most important resistance levels for MATIC are located at 1.03$ and 1.07$ levels.
- 2-hour candle closes above the 0.94$ level indicate the potential for MATIC price to continue its upward trend.
When examining the medium-term price chart of MATIC, it can be seen that it has entered an upward trend by surpassing an important resistance zone. According to the analysis, candle closes above certain levels indicate that there is potential for the price to rise even further.
Medium-Term MATIC Price Analysis!
12 Hour MATIC/USD Price Chart Source: TradingView
When examining the medium-term price chart of MATIC, it can be observed that it has started an upward trend by surpassing an important resistance zone.
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MATIC price can continue its rise up to the 1.032$ levels if it closes daily candles above the 0.8959$ level mentioned in the analysis.
Additionally, as long as MATIC price stays above the 0.895$ level, it is likely to continue its upward trend. The most important resistance levels for MATIC are located at 1.03$ and 1.07$ levels.
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Short-Term MATIC Price Analysis!
4 Hour MATIC/USD Price Chart Source: TradingView
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When examining the 4-hour price chart of MATIC, it can be observed that it continues its horizontal movement in a nearby 2-hour resistance zone.
MATIC price may continue its upward trend if it closes 2-hour candles above the 0.94$ level mentioned in the analysis.
Additionally, if MATIC price stays above the 0.8959$ – 0.8784$ range mentioned as an important support zone in the analysis, it may expand its rise up to 1$ levels.
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