In a recent video, JB from Cheeky Crypto discusses the Matic cryptocurrency. He notes that Matic is currently in a good position and analyzes its recent price movement.
JB mentions the possibility of taking profits if you have made substantial gains, but he also sees potential for another push to the upside. JB discusses technical analysis, wave structures, and corrective patterns, and suggests that the 1-hour chart suggests a potential push to 68 to 70 cents.
JB acknowledges that volatility may increase leading into the weekend, but he expects a bear market low to break for Matic, with lower prices. However, he also sees the potential for a significant rise in the next bull market, with some speculating that Matic could reach $100 or even $556.
JB encourages viewers to share their thoughts on Matic in the comments and asks them to like, subscribe, and trade safely. He also apologizes for his nasally voice due to having a cold.