Currently trading at $0.822, Polygon Matic remains range-bound between $0.782 and $0.828.
Meanwhile, United States 5-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.974, while the previous figure was 4.192. Fresh 2-Year Note Auction data from United States came out at 4.505.
Analysis of Polygon Matic's recent price action suggests MaticNetwork USD broke through the $0.822 resistance and climbed 3 cents above it. Fibonacci-focused traders would be interested to note that Polygon Matic is oscillating around the key Fibonacci resistance level of $0.815.
Meanwhile, TRON is down $0.002 from the beginning of the session and now trades around $0.049. Algorand USD is down to $0.23, losing $0.015, after closing at $0.245 in the preceding trading session. Solana closed at $11.27 (down 5.04%).
Moreover, macro data could boost sentiment further as United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%, having previously been at -0.5%. The figure will be published tomorrow at 13:30 UTC.
Also worthy of note, tomorrow at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 225,000 from the preceding figure of 222,000.
Furthermore, the market is looking at United States New Home Sales (Oct) is scheduled for tomorrow at 15:00 UTC.
10 months ago Polygon Matic reached a significant high of $2.88 but has consequently lost 72.31% since then.