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$MATIC /USD - #Polygon US Dollar Technical Indicator's - June 12, 2024 In the latest technical Indicators for $MATIC /USD - Polygon US Dollar, indicators point towards a strong sell sentiment without explicitly suggesting buying or selling actions. Technical Indicators The Relative Strength Index (RSI) is at 34.057, signaling moderate selling pressure. Both the Stochastic Oscillator (STOCH) and the Stochastic RSI (STOCHRSI) are in oversold territory, indicating a potential reversal in price. The Moving Average Convergence Divergence (MACD) is negative at -0.018, suggesting a bearish trend. The Average Directional Index (ADX) at 29.929 indicates a moderate downtrend. Additionally, the Williams %R, Commodity Channel Index (CCI), Highs/Lows, Ultimate Oscillator, Rate of Change (ROC), and Bull/Bear Power all suggest a negative sentiment, with most in oversold conditions. Moving Averages The moving averages summary indicates a strong sell sentiment, with all 12 moving averages signaling a negative trend. Short to long-term moving averages, including MA5, MA10, MA20, MA50, MA100, and MA200, all indicate a downward trajectory in price. Pivot Points Pivot point analysis reveals potential support and resistance levels. The central pivot point is at 0.6269, with support levels identified at 0.5619, 0.5867, and 0.6021, and resistance levels at 0.6423, 0.6671, and 0.6825. In conclusion, based on the technical indicators, MATIC/USD - Polygon US Dollar currently demonstrates a strong sell sentiment, with oversold conditions and negative trends across various metrics.$MATIC {spot}(MATICUSDT) #MATICโœ… #poligon
$MATIC /USD - #Polygon US Dollar Technical Indicator's - June 12, 2024
In the latest technical Indicators for $MATIC /USD - Polygon US Dollar, indicators point towards a strong sell sentiment without explicitly suggesting buying or selling actions.
Technical Indicators
The Relative Strength Index (RSI) is at 34.057, signaling moderate selling pressure. Both the Stochastic Oscillator (STOCH) and the Stochastic RSI (STOCHRSI) are in oversold territory, indicating a potential reversal in price. The Moving Average Convergence Divergence (MACD) is negative at -0.018, suggesting a bearish trend. The Average Directional Index (ADX) at 29.929 indicates a moderate downtrend. Additionally, the Williams %R, Commodity Channel Index (CCI), Highs/Lows, Ultimate Oscillator, Rate of Change (ROC), and Bull/Bear Power all suggest a negative sentiment, with most in oversold conditions.
Moving Averages
The moving averages summary indicates a strong sell sentiment, with all 12 moving averages signaling a negative trend. Short to long-term moving averages, including MA5, MA10, MA20, MA50, MA100, and MA200, all indicate a downward trajectory in price.
Pivot Points
Pivot point analysis reveals potential support and resistance levels. The central pivot point is at 0.6269, with support levels identified at 0.5619, 0.5867, and 0.6021, and resistance levels at 0.6423, 0.6671, and 0.6825.
In conclusion, based on the technical indicators, MATIC/USD - Polygon US Dollar currently demonstrates a strong sell sentiment, with oversold conditions and negative trends across various metrics.$MATIC
#MATICโœ… #poligon
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Lido bids farewell to Polygon! ๐Ÿ˜ข๐Ÿš€ The Lido Finance team, the popular protocol for liquid staking, has decided to discontinue support for the Polygon blockchain. When does it all end? โฐ โ€ข June 16, 2025 โ€” the last chance to withdraw your funds through Lido. โ€ข After this date, withdrawals will only be available through special tools in the blockchain explorer. Why is Lido leaving Polygon? ๐Ÿค” 1๏ธโƒฃ Few users โ€” not many people are using Lido on this network. 2๏ธโƒฃ Small rewards โ€” nobody wants to work for pennies. ๐Ÿ’ฐ๐Ÿ˜… 3๏ธโƒฃ Too much hassle โ€” maintaining Polygon turned out to be resource-intensive and complicated. 4๏ธโƒฃ The ecosystem is changing โ€” blockchains and trends in crypto are constantly in motion. โšก ๐Ÿ“ŒHere's another batch of FUD on Polygon๐Ÿ“Š. A little more of this backdrop and it will be time to buy ๐Ÿ›๏ธ๐Ÿ›’ #Poligon
Lido bids farewell to Polygon! ๐Ÿ˜ข๐Ÿš€

The Lido Finance team, the popular protocol for liquid staking, has decided to discontinue support for the Polygon blockchain.

When does it all end? โฐ
โ€ข June 16, 2025 โ€” the last chance to withdraw your funds through Lido.
โ€ข After this date, withdrawals will only be available through special tools in the blockchain explorer.

Why is Lido leaving Polygon? ๐Ÿค”

1๏ธโƒฃ Few users โ€” not many people are using Lido on this network.
2๏ธโƒฃ Small rewards โ€” nobody wants to work for pennies. ๐Ÿ’ฐ๐Ÿ˜…
3๏ธโƒฃ Too much hassle โ€” maintaining Polygon turned out to be resource-intensive and complicated.
4๏ธโƒฃ The ecosystem is changing โ€” blockchains and trends in crypto are constantly in motion. โšก

๐Ÿ“ŒHere's another batch of FUD on Polygon๐Ÿ“Š. A little more of this backdrop and it will be time to buy ๐Ÿ›๏ธ๐Ÿ›’

#Poligon
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Top 9 Cryptocurrencies to Follow in 2025:1. Bitcoin (BTC): The original cryptocurrency remains a safe haven for many investors. 2. Ethereum (ETH): The leading platform for smart contracts and dApps. 3. Solana (SOL): Known for its speed and scalability, Solana is a strong competitor to Ethereum. 4. Cardano (ADA): A smart contracts platform focused on sustainability. 5. Binance Coin (BNB): The native token of the Binance exchange, with multiple uses within the ecosystem. 6. Polkadot (DOT): A multichain network that enables interoperability between different blockchains.

Top 9 Cryptocurrencies to Follow in 2025:

1. Bitcoin (BTC): The original cryptocurrency remains a safe haven for many investors.
2. Ethereum (ETH): The leading platform for smart contracts and dApps.
3. Solana (SOL): Known for its speed and scalability, Solana is a strong competitor to Ethereum.
4. Cardano (ADA): A smart contracts platform focused on sustainability.
5. Binance Coin (BNB): The native token of the Binance exchange, with multiple uses within the ecosystem.
6. Polkadot (DOT): A multichain network that enables interoperability between different blockchains.
#SpotBitcoinETF #BitcoinETE #ETFs. #poligon Spot Bitcoin ETFs Control 3.3% of Total Supply A recent analysis revealed that the 11 entities that have been approved to offer spot Bitcoin ETFs now control about 3.3% of all Bitcoin currently available. Polygon Labs Cuts 19% of Workforce for Performance Boost Polygon Labs announced the elimination of 60 positions, which constitutes about 19% of its workforce, according to a blog post published on Thursday.
#SpotBitcoinETF #BitcoinETE #ETFs. #poligon Spot Bitcoin ETFs Control 3.3% of Total Supply
A recent analysis revealed that the 11 entities that have been approved to offer spot Bitcoin ETFs now control about 3.3% of all Bitcoin currently available.
Polygon Labs Cuts 19% of Workforce for Performance Boost
Polygon Labs announced the elimination of 60 positions, which constitutes about 19% of its workforce, according to a blog post published on Thursday.
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My profile is long-term, I bought coins that I didn't even know about, but I went in with very little... today I realize that there are good opportunities and junk coins that shouldn't be listed... but it's a learning experience. #SHIBAโœ…๐Ÿš€ I've been with it for a long time and I'm going to hold it for another 4 years, lol #pepecoin๐Ÿธ I joined recently and I'm already at 100%... since it's low the value is a hold. #XRP๐Ÿš€ (it took a long time to get out of stagnation) and I want to hold it for another 2 years #Poligon was #MATICโœ…. and I want to hold it for another year. Chilli Alice and C98 are just disappointments!! And you, what would you do with my portfolio??
My profile is long-term, I bought coins that I didn't even know about, but I went in with very little... today I realize that there are good opportunities and junk coins that shouldn't be listed... but it's a learning experience.

#SHIBAโœ…๐Ÿš€ I've been with it for a long time and I'm going to hold it for another 4 years, lol #pepecoin๐Ÿธ I joined recently and I'm already at 100%... since it's low the value is a hold.
#XRP๐Ÿš€ (it took a long time to get out of stagnation) and I want to hold it for another 2 years
#Poligon was #MATICโœ…. and I want to hold it for another year.
Chilli Alice and C98 are just disappointments!!

And you, what would you do with my portfolio??
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