{"id":8671,"date":"2022-09-14T21:43:48","date_gmt":"2022-09-14T21:43:48","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/09\/14\/is-matic-retracement-an-opportunity-to-buy-the-token\/"},"modified":"2022-09-14T21:43:49","modified_gmt":"2022-09-14T21:43:49","slug":"is-matic-retracement-an-opportunity-to-buy-the-token","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/09\/14\/is-matic-retracement-an-opportunity-to-buy-the-token\/","title":{"rendered":"Is MATIC retracement an opportunity to buy the token?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polygon has been witnessing robust fundamentals that boosted the native token<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>Polygon\u2019s MATIC retraced sharply on Tuesday\u00a0<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>MATIC faces some extra stress as the value strikes beneath shifting averages.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Polygon\u2019s MATIC\/USD will hardly ever miss out on the basket of the go-to cryptocurrencies. It is one among the cryptocurrencies that has been making good headlines. The value has additionally been reacting effectively to the robust fundamentals.<\/p>\n<p dir=\"ltr\">The most up-to-date fundamentals of Polygon are a partnership with Starbucks. The espresso chain big mentioned it might use Polygon for its collectible digital stamps. The transfer is a part of the firm\u2019s entry into Web3 with the Starbucks Odyssey program.<\/p>\n<p dir=\"ltr\">On August 31, Robinhood mentioned it might let customers ship and obtain MATIC on the polygon community. That expands MATIC\u2019s utility past the Ethereum community. The transfer was impressed by the want to lower the enormous prices on the Ethereum community.<\/p>\n<h2 dir=\"ltr\">MATIC slides beneath the shifting common including bearish stress<\/h2>\n<h3>eToro<\/h3>\n<p>eToro is one among the world&#8217;s main multi-asset buying and selling platforms providing a few of the lowest fee and payment charges in the business. It&#8217;s social copy buying and selling options make it an amazing alternative for these getting began.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzU2NTA&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy MATIC with eToro today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<h3>Capital.com<\/h3>\n<p>Capital.com is a worldwide dealer which affords over 200 cryptocurrencies for its customers.<\/p>\n<p>It comes with a variety of options similar to; nice safety, 24\/7 help, demo accounts and all kinds of property.<\/p>\n<p>On prime of that, it additionally has no inactivity, withdrawal or deposit charges, which makes it stand out from different crypto manufacturers.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/capital-com-crypto?guid=NzU2NTA&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy MATIC with Capital.com today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<p dir=\"ltr\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2022\/08\/14\/1663188137482-648a19dc-21e4-40fe-b06c-5e4c26f31f0a.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"293\"\/>Source \u2013 TradingView<\/p>\n<p dir=\"ltr\">From the technical outlook, MATIC just isn&#8217;t but in a buy zone. At the present buying and selling of $0.85, the value might slide additional to minor help at $0.76.<\/p>\n<p dir=\"ltr\">Another bear indicator is the shifting common. MATIC is buying and selling beneath the 20-day and 50-day shifting averages. Similarly, an RSI studying of 48 means that MATIC just isn&#8217;t but oversold. With the rising bear sentiment after the inflation knowledge, a extra seemingly route is to the draw back.\u00a0<\/p>\n<p dir=\"ltr\">On the flip facet, MATIC has maintained an ascending trendline. If the value retains the trendline, MATIC might flip bullish. Investors ought to think about shopping for on value motion indicators or if the token recovers above the shifting common (s).<\/p>\n<h3 dir=\"ltr\">Summary<\/h3>\n<p dir=\"ltr\">While MATIC stays weak, the ascending trendline might ignite a bullish transfer. Investors ought to look ahead to bullish indicators. A break beneath the trendline will see the token slide to minor help at $0.76.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-matic-retracement-an-opportunity-to-buy-the-token\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polygon has been witnessing robust fundamentals that boosted the native token Polygon\u2019s MATIC retraced sharply on Tuesday\u00a0 MATIC faces some extra stress as the value strikes beneath shifting averages. Polygon\u2019s MATIC\/USD will hardly ever miss out on the basket of the go-to cryptocurrencies. It is one among the cryptocurrencies that has been making good [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4280,"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":[132,352,348,2830,247],"class_list":["post-8671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buy","tag-matic","tag-opportunity","tag-retracement","tag-token","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\/8671","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=8671"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/8671\/revisions"}],"predecessor-version":[{"id":8672,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/8671\/revisions\/8672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/4280"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=8671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=8671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=8671"}],"curies":[{"name":"wp","href":"https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