MATIC has Quietly Rallied 190% off the Lows

For the most part all eyes have been on bitcoin, but many alts have made some nice rallies to produce sick returns this month.

MATIC is one of those tokens rallying nearly 200% off the low of .35 cents back from June

MATIC MONEY!

Looking at the daily chart above you can see price came awfully close to the 2021 lows at 30 cents before putting on a rally.

Price appreciated to the first resistance level around the 88 cent area and buyers pushed it through without much issue.

From there we see price got near the next big level around $1, which acted as a big support on several occasions. Since then there has been some sideways action in this range between the prior resistance and the new upside target.

If price can rally and establish above $1.05 really, that would be bullish.

Either way, those who got in near the low have seen some sick returns in the past 30 days or so.

Posted Using LeoFinance ^Beta