Matic Network Remains In Uptrend, MATIC TOKEN Escalated Above 17%

The top-performing altcoin at the time of writing is Matic network (MATIC) which is getting 15% pump taking it to $0.029110 trading value. This altcoin has pumped and dumped over the past few days so appears purely fomo driven.

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At the time of writing, the coin has increased 16.48% against USD and trading at $0.029110 USD. In term of MATIC/BTC and MATIC/ETH  the price surged up to 20.11% and 23.37% . The coin is trading at 0.00000382 BTC and 0.00012154 ETH respectively.

Currently, the coin is ranking in 90th position, holding market cap $62,880,336 USD with $395,346,709 USD  24 hour volume and 2,160,114,068 MATICcirculating supply.

  • The MACD indicator has turned bullish on the one-hour time frame and continues to issue a strong buy  signal.
  • The Relative Strength indicator has turned bullish on the one-hour time frame which is between 45 to 50 level.
  • The Bollinger Band is showing expanding volatility in the market.
  • The Chaikin Money Flow indicates the Bullish Trend, continuous Buying Pressure ,rising prices coinciding with CMF values above 0
  • The Awesome Oscillator showed a bullish buying opportunity or short-term momentum in the market.
  • The Parabolic SAR markers were above the candles and showcased a bullish market.

Recently, Several Ethereum projects are already partnered with Matic, including Decentraland and MakerDAO. CryptoSaw, a P2P payments application for dapps is also integrating with Matic.

Also, read other cryptocurrencies price analysis . What is your opinion on the these altcoin coin price analysis? Share your thoughts on our Twitter and Facebook pages.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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