Ethereum Faces Resistance While MATIC Investors Eye Recovery Amid Triangle Formation

The cryptocurrency market is witnessing a slight uptick after a prolonged bearish phase, but Ethereum (ETH) remains stuck below the $3,400 ceiling. This stagnation is affecting other major altcoins, notably Polygon’s MATIC, which continues to show poor performance and little investor enthusiasm. Notably, MATIC has formed a triangle pattern on the technical charts, suggesting potential

Source: CoinOtag