Polygon [MATIC] saw a large uptick in its daily active addresses and transactions. The positive developments on-chain was accompanied by a steep decline in total value locked (TVL) over the past week. The price action of MATIC showed a token stuck within a range for six weeks. A previous analysis by AMBCrypto dated 14 October noted that MATIC reflected strong bearish sentiment in the market. While the indicators and price action continued to reflect a bearish bias, over the past two days MATIC climbed from $0.515 to $0.544. The 12-hour chart above showed a range formation (yellow) that extended from $0.5 to $0.588, with the mid-range mark at $0.544.
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ETH
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USDT
$0.999502
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BNB
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$0.999732
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XRP
$1.03
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$74.56
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BNB
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▲ +0.30%
USDC
$0.999732
▲ +0.00%
XRP
$1.03
▲ +1.60%
SOL
$74.56
▲ +2.90%
TRX
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DAI
$0.999761
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BCH
$216.80
▲ +1.80%
USD1
$0.999969
▲ +0.00%
USDE
$0.999681
▲ +0.00%
GRAM
$1.36
▲ +2.60%
Mkt Cap $2.30T
BTC Dom 56.76 %
BTC
$64,972.00
▲ +1.20%
ETH
$1,915.93
▲ +1.10%
USDT
$0.999502
▲ +0.00%
BNB
$593.25
▲ +0.30%
USDC
$0.999732
▲ +0.00%
XRP
$1.03
▲ +1.60%
SOL
$74.56
▲ +2.90%
TRX
$0.327369
▼ -0.10%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.20
▼ -2.50%
DOGE
$0.070067
▲ +1.70%
USDS
$0.999878
▲ +0.00%
RAIN
$0.012711
▲ +1.20%
LEO
$9.71
▼ -0.40%
ZEC
$507.78
▲ +0.70%
ADA
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XMR
$380.55
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WBT
$56.20
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LINK
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XLM
$0.163316
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DAI
$0.999761
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BCH
$216.80
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USD1
$0.999969
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USDE
$0.999681
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GRAM
$1.36
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