MANA, MATIC, GMT May Rise Soon as Chart Patterns Look Promising

• The global cryptocurrency market cap dropped 0.17% over the past 24 hours.
• The latest wave of sell volume has led to the formation of promising chart patterns on the charts of MATIC, MANA, and GMT.
• A breakout pattern had formed on GMT’s chart while MATIC was attempting to escape from a negative price channel.

The global cryptocurrency market cap dwindled throughout the past day of trading, according to CoinMarketCap. At press time, the market’s valuation was down 0.17% and stood at around $1.04 trillion.

As a result, traders may step in to purchase cryptocurrencies at a discount. Most notably, chart patterns present on the charts of MATIC, GMT, and MANA suggested that these 3 altcoins may enter into a brief bullish move soon – potentially opening up fair trade opportunities for investors and traders.

Polygon (MATIC)

MATIC found itself stuck in a medium-term negative price channel, which suggested that the altcoin may have a fair amount of work to do before it can overcome the strong bearish trend. Nevertheless, traders were attempting to boost the cryptocurrency out of this descending price channel.

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