With Bitcoin and Ethereum sliding down by 1.6% and 1.4% respectively, altcoins such as MATIC and Chainlink proceeded in the same direction. MATIC lost 2.2% and moved south towards the $1.36 support line, while LINK dipped after it failed to topple over the $27.77 resistance line. Finally, though Monero did not see declining prices, it flashed bearish signals on the chart.
MATIC
MATIC/USD, TradingView
MATIC stood at $1.41 at press time. It had last touched this price level on 19 June. The…
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