MATIC, Binance Coin, Tron Price Analysis: 25 December
As the recovery window opened up, Binance coin and Tron marked a decent recovery to reclaim their crucial support levels. On the other hand, MATIC entered into price discovery to poke its ATH on 23 December.
MATIC
Source: TradingView, MATIC/USDT
As we saw in the previous article, after continuing its oscillation in an ascending triangle (yellow), MATIC finally broke out of it. After the expected breakout, it encountered the price discovery phase and formed a rising wedge (white) on its 4-hour chart.
MATIC registered over 32% gains (from the 20 December low) and marked a powerful rally to breach crucial resistance (previous) points at the 2.195 and 2.529-mark. Consequently, the altcoin poked its ATH on 23 December while the Supertrend continuall
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