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Assessing the chances of MATIC making a new ATH in the near-future
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MATIC is one of the few altcoins that is yet to break its May all-time high and looks like it is heading in just that direction. Investors are equally eager to make it happen as the last couple of days’ rally is luring in new investors.
MATIC has joined the list of the few altcoins that are treading in the opposite direction of the broader market cues and have been marking a rise for the last couple of days.
Up by 21.07%, the altcoin is only 3% shy of invalidating the losses its investors incurred this month. However, the good thing is that most of the MATIC investors already have been in profits.
MATIC price action | Source: TradingView – AMBCrypto
For a good part of almost two months, more than 75% of all investors have been in profits with
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