MATIC is showing neutral momentum with price near key moving averages. Recent volatility suggests medium risk with potential for both upward and downward moves.
Current Price Action
Price at $0.3794 is slightly above both 20-day ($0.3792) and 50-day ($0.3757) moving averages, indicating balanced momentum.
RSI Indicator
RSI at 55.7 is in neutral territory, neither overbought nor oversold, suggesting no strong directional bias currently.
Support and Resistance
Recent local lows around $0.3682 provide support, while highs near $0.3842 act as resistance. Price is trading in the middle of this range.
Volume and Volatility
Volume has been consistent with some spikes, indicating active trading. The 24-hour change of -0.29% shows minor selling pressure.
Trading Strategy
Consider buying near support levels and selling near resistance. Current price doesn’t offer strong entry signals in either direction.
Beginner Recommendations
Advice: hold
Buy Price: 0.3682 USDT
Sell Price: 0.3842 USDT
Key metrics
| Price | 0.3794 USDT |
| 24h Change | -0.29% |
| RSI(14) | 55.68 |
| SMA20 / SMA50 | 0.38 / 0.38 |
| Daily Volatility | 3.84% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
