Polygons currency price (MATICUSDT) rose in latest intraday trading, breaking above the ceiling of a short-term descending price channel that had confined previous trades, supported by trading above the 50-day SMA and positive signals streaming from the Stochastic, despite it reaching overbought levels.

Therefore we expect the currency to rise in upcoming intraday trading, as long as the support level of 0.175 holds on, targeting the resistance level of 0.206.

Todays price forecast: Bullish