Polygon (MATIC) is trending higher, looking at price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a potential shift in market dynamics.
Polygon is bullish
According to one analyst, there is a potential head-and-shoulders pattern in the MATIC’s 4-hour chart.
If there is a breakout below $0.79, prices may retest $0.67.
On the other hand, any upswing above the right shoulder at $0.86 may trigger more demand.
MATIC remains mostly bullish. Prices rose from $0.61 on Oct. 22 to $0.76 on Nov. 22.
Analysts forecast the coin to reach $0.86 by December 2023.
PEPE making moves
The PepeCoin team recently moved 418 billion PEPE to Binance Earn to reward Binance users.
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Author: Guest Post
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