MATIC price has been on a downward spiral since the previous week, except some bounce back on Sunday. The price has thrashed the psychological support level near $1.60 also coincides with the breach of the 200 DMA. MATIC price dropped below 200 DMA on Monday. The polygon EIP-1559 doesn’t warrant a reversal in the trend. The post Polygon (MATIC) Continues To Slide, Falls More Than 50% from ATH appeared first on CoinGape.