A slow down? After four days of going up, Polygon Matic is flat today, hovering around $0.675.

Polygon Matic trades at $0.675, after ending today at $0.676.

MaticNetwork USD's upper Bollinger Band® is at $0.697, suggesting that a downward move may follow.

Despite the market lacking direction, technical chart analysis strongly suggests Polygon Matic is positioned for a downward move in the near term.

While Polygon Matic is pretty flat so far today, mixed performances are seen elsewhere as FTX Token gained 9.54% and is currently trading at $1.36. Bitcoin Cash closed at $284.21 (down 2.51%). EOS closed at $0.776 (down 1.24%).

Moreover, United States ISM Manufacturing PMI (Jun) will be released tomorrow at 14:00 UTC.

Trending downwards for around 4 months. Polygon Matic reached a significant high of $1.54 around 4 months ago but has lost 56.15% since then.