$MATIC price analysis: the decline might continue to the recently formed mirror level at $2.70, followed by a sharp bounceback Polygon MATIC $BTC $XRP $AVAX
However, if the recovery is not supported by large volumes, then the XRP price should be expected to drop below the support of $0.90.After the false breakout of the support level at $101, bulls keep controlling the situation. At the moment, the coin is located in the sideways trading area in the zone of $120, accumulating power for possible continued growth.
In this case, there are high chances to see AVAX trading around its peak at $140 within the next few weeks.Despite the slight decline today, MATIC has managed to set a new peak. The selling trading volume is low, which means that the current drop might be considered a correction before a further price rise. Overall, the decline might continue to the recently formed mirror level at $2.70, followed by a sharp bounceback.
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