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Author: Yaz Sheikh

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Polygon Price Analysis – MATIC Finds Solid .618 Fib Support And Rebounds – Can We Break The June Highs Next?

MATIC found support at $1.25 over the weekend, provided by a short-term .618 Fib Retracement level. The cryptocurrency has been heading lower since it hit as high as $2.40 toward the end of May 2021. Luckily, MATIC has already rebounded from the local support and is now trading above the 20-day MA as it attempts to break resistance at $1.65, provided by a bearish .382 Fib Retracement.

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