The MATIC technical analysis displays a sideways uptrend with RSI nosediving below the 50% mark indicating towards buying opportunity for traders. Despite plummeting more than 20% over the last 7 days in the backdrop of FTX financial trouble, the Polygon (MATIC) recovered remarkably by registering a 3% jump in the last 24 hours following the recovery pattern in most of the crypto market. Trading at the current price of $0.9425, the 56.85% jump in 24-hour trading volume and 3% rise in market cap support the bullish reversal rally in the MATIC market. With a circulation supply of 8.7 billion tokens, The post MATIC Technical Analysis: Bullish Reversal Signals Buying Opportunities for Traders appeared first on Cryptoknowmics-Crypto News and Media Platform .
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