Polygon reaches level that last time triggered a 275% MATIC price rally — wil...
MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta. Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99. The rebound occurred a day after the token slumped over 17% to reach $0.787, its lowest level since July 2021, amid a global market crash led by the U.S. Federal Reserve's hawkish policies.MATIC price rebounded after undergoing five days of relentless declines, attracting buyers around the same support level that....
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MATIC price has witnessed a rally as the coin almost appreciated by 7% over the last 24 hours. MATIC (Polygon) had been trying hard to move past its immediate trading session for a while, and now it has finally been able to do that. It is, however, too early to call this a trend change. The bulls have to trade above the current price mark in order to move past the $0.90 price ceiling. A move above the $0.93 mark will further strengthen the bulls in the market. The technical outlook of MATIC has moved from bearish territory to a bullish one. Buyers have taken over the market, as seen in the....
Polygon (MATIC) is one of the biggest winners in the crypto market today, with a 15% price increase over the last 24 hours. As NewsBTC reported yesterday, MATIC gave a golden cross signal on the daily chart a few days ago. The last time MATICUSD posted this significant trading signal on the daily chart, the altcoin recorded a massive rally of more than 13,000%. Related Reading: MATIC On The Move After Polygon Tapped By META | MATICUSD November 3, 2022 MATIC had been trading in a sideways channel since mid-July. After the golden cross formed on October 20, MATIC showed small strength.....
MATIC’s price needs to stay above $1 for the price to have a chance to rally high to a region of $1.5. MATIC’s price continues to trend, creating a more bullish bias as the price aim for $1.5, where the price could face resistance. MATIC’s price remains strong, holding key support on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). The crypto market had a good run in the previous week as the price of Polygon (MATIC) leveled up to the expectations of many holding out for the price to continue in its uptrend as many traders....
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) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108% MATIC price shoots close to a critical level that bulls are eyeing to test Set your eye on this critical level to catch the uptrend MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin’s price to $2. With that being said, MATIC is set to make as much as 100% of gains in the next couple of months. The token’s price open this....