Matic Network

[Devendra Sri]

Since July 20, the MATIC price has risen by a stunning 138 percent. The rally's final leg broke through the $1.43 resistance level but failed to close above it. This development suggests that the effort to collect liquidity above these highs was a hedging action and that a retreat is on the way. Furthermore, the largest crypto, Ethereum, and many altcoins are going through a similar struggle.

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