Polygon rallies 22% on Disney invitation euphoria — will MATIC price gains sw...
MATIC still awaits a decisive breakout after the Disney-led intraday rally, with the profit target sitting about 80% higher than current prices. Polygon (MATIC) reached lofty price levels this July 14, a day after getting selected for the Walt Disney Company's benchmark business development program.MATIC's price surged 22.5% to $0.657 a token, its highest level in a month. In doing so, the token also climbed above its 50-day exponential moving average (50-day EMA; the red wave), a curvy resistance level that had been capping MATIC's upside attempts since January 2022.MATIC/USD daily price....
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MATIC, the native token of Polygon, is the highest performing cryptocurrency in CoinMarketCap’s top 50 list by market capitalization over the past 24 hours, with gains of about 20%. MATIC reached its highest level since early June, in the mid-$6.0 range, a day after Polygon was selected for Walt Disney’s benchmark business growth program. According to a Disney release, Polygon is one of the six organizations that will participate in the company’s 2022 Accelerator Program, a business and development initiative created to promote the expansion of creative businesses....
The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC), as prices dropped below $0.8 but reclaimed that region quickly. (Data from Binance) Related Reading: Why Ethereum Price Longs Might Profit Ahead Of “The Merge” Polygon (MATIC) Price Analysis On The Weekly Chart The price of MATIC has had a difficult time replicating its....
Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound. MATIC price is hugely bullish ramming to a high of $0.9075, which is a little under July’s ATH seen at $1.01. MATIC has spiked by more than 190% compared to the lowest level figure registered in July which hauls its total market capitalization to a little above $6.7 billion. Polygon Making Solid Ties Polygon is a revolutionary layer-2 cryptocurrency scaling solution with an aim to amplify applications built in the....
MATIC rallies with high volume as price breaks above $1 after a while as bulls eyes $1.3. MATIC’s price, both on chart and on-chain, shows how it has had a fair share of the bear market and would continue to bloom. DOGE’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). Polygon (MATIC) price recently showed some great price action as the price rallied to a high of $1 and broke past this region that has proven to be a difficult nut to crack in recent times for Polygon (MATIC) price. The crypto market has....
MATIC’s price loses its $1 support as the price trades to a region of $0.8. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. MATIC’s price remains weak across all timeframes as the price trades slightly below the 50 and 200 Exponential Moving Averages (EMA). In the last two days, the crypto market has been erratic with the price of many altcoins, including Polygon (MATIC), battling for survival. Previous weeks saw the price of Polygon (MATIC) outperform Bitcoin (BTC). Most altcoins....