{"id":10921,"date":"2022-10-18T06:39:23","date_gmt":"2022-10-18T06:39:23","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/18\/why-bulls-aim-1-or-higher\/"},"modified":"2022-10-18T06:39:23","modified_gmt":"2022-10-18T06:39:23","slug":"why-bulls-aim-1-or-higher","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/18\/why-bulls-aim-1-or-higher\/","title":{"rendered":"Why Bulls Aim $1 or Higher"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"65.230877687698\">\n<p><em>MATIC worth began a gradual enhance from the $0.720 assist zone. Polygon patrons may now intention a push in direction of the important thing $1.00 resistance.<\/em><\/p>\n<ul>\n<li>MATIC worth is gaining tempo above the $0.80 stage towards the US greenback.<\/li>\n<li>The worth is buying and selling properly above $0.800 and the 100 easy transferring common (4-hours).<\/li>\n<li>There was a break above a serious bearish pattern line with resistance at $0.810 on the 4-hours chart of the MATIC\/USD pair (knowledge supply from Kraken).<\/li>\n<li>The pair might proceed to rise and may quickly take a look at the $1.00 resistance zone.<\/li>\n<\/ul>\n<h2>Polygon Price Starts Fresh Increase<\/h2>\n<p>After a serious decline, polygon\u2019s worth discovered assist close to the $0.720 zone. MATIC worth shaped a base above the $0.720 stage and began a gradual enhance.<\/p>\n<p>There was a transparent transfer above the $0.755 and $0.788 resistance ranges. The worth climbed above the 50% Fib retracement stage of the downward transfer from the $0.8602 swing excessive to $0.7147 low. There was additionally a break above a serious bearish pattern line with resistance at $0.810 on the 4-hours chart of the MATIC\/USD pair.<\/p>\n<p>The worth is now buying and selling properly above $0.800 and the 100 easy transferring common (4-hours). It can also be displaying optimistic indicators above the final swing excessive at $0.8602, similar to <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-is-rising-20k\/\" target=\"_blank\" rel=\"noopener\">bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-is-unstoppable-1400\/\" target=\"_blank\" rel=\"noopener\">ethereum<\/a>.<\/p>\n<p>On the upside, a right away resistance is close to the $0.895 zone. The first main resistance is forming close to the $0.950 zone. It is near the 1.618 Fib extension stage of the downward transfer from the $0.8602 swing excessive to $0.7147 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-506764\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price.png\" alt=\"Polygon\u2019s MATIC Price\" width=\"1834\" height=\"845\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price.png 1834w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-460x212.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-860x396.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-768x354.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-1536x708.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-750x346.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Polygoin-MATIC-Price-1140x525.png 1140w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\"\/><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/\" target=\"_blank\" rel=\"noopener\">MATICUSD on TradingView.com<\/a><\/p>\n<p>The primary resistance is now forming close to the $1.000 stage. If there&#8217;s an upside break above the $0.950 and $1.00 resistance ranges, the value might begin a robust enhance. In the said case, the value might rise steadily in direction of the $1.12 stage.<\/p>\n<h2>Fresh Decline in MATIC?<\/h2>\n<p>If MATIC worth fails to proceed increased above the $0.90 or $0.95 ranges, it might begin a draw back correction. An quick assist on the draw back is close to the $0.840 stage.<\/p>\n<p>The primary assist is close to the $0.800 stage and the 100 easy transferring common (4-hours). A draw back break beneath the $0.800 stage might open the doorways for a recent decline in direction of $0.750. The subsequent main assist is close to the $0.720 stage.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-hours MACD \u2013 The MACD for MATIC\/USD is slowly gaining momentum within the bullish zone.<\/p>\n<p>4-hours RSI (Relative Strength Index) \u2013 The RSI for MATIC\/USD is now above the 50 stage.<\/p>\n<p>Major Support Levels \u2013 $0.840 and $0.800.<\/p>\n<p>Major Resistance Levels \u2013 $0.900, $0.950 and $1.00.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/polygons-matic-price-prediction-bulls-aim-1\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] MATIC worth began a gradual enhance from the $0.720 assist zone. Polygon patrons may now intention a push in direction of the important thing $1.00 resistance. MATIC worth is gaining tempo above the $0.80 stage towards the US greenback. The worth is buying and selling properly above $0.800 and the 100 easy transferring common [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1240,640,1667],"class_list":["post-10921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-aim","tag-bulls","tag-higher","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=10921"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10921\/revisions"}],"predecessor-version":[{"id":10922,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10921\/revisions\/10922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10923"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=10921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=10921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=10921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templa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