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MATIC struggles to break free from market lows – What now?

AMBCrypto LogoAMBCrypto2w ago

MATIC struggles to break free from market lows – What now? - AMBCrypto

Quick Summary:

MATIC remains stuck in a bearish trend amid ongoing negative sentiment.

Only 8% of MATIC holders are currently in profit, which indicates that a significant majority (90%) of holders are experiencing a loss at the current price level.

The MACD histogram, which shows the difference between the MACD line and the signal line, is also very close to zero, further emphasizing the low momentum and indecisiveness in the market.


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MATIC struggles to break free from market lows – What now? - AMBCrypto (Picture 1)MATIC struggles to break free from market lows – What now? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Jai Hamid

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-14 @ 08:00:25 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21252528

View Article Analysis

About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "MATIC struggles to break free from market lows – What now?" has 454 words across 23 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "MATIC struggles to break free from market lows – What now?" was covered 2 weeks ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 15 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #21252528
  • URL: https://beamstart.com/news/matic-struggles-to-break-free-17183550522266

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