Polygon, In Steady Bullish Trend, Could Jack Up MATIC To $1.5
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....
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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....
The price of Polygon (MATIC) has shown great strength in the past few weeks against Tether as it maintained its bullish sentiment. Despite the retracement across the crypto market, Polygon has shown great strength holding above $0.75 compared to other crypto assets that have lost their key support. (Data from Binance) Related Reading: Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700 Polygon (MATIC) Price Analysis On The Weekly Chart From the chart, the price of MATIC saw its weekly low at $0.75; the price of MATIC bounced from that region to a price of $1....
MATIC price trades below 50 and 200 EMA on the daily timeframe despite showing some relief strength. MATIC rally caught short as BTC price continued to range. The price of MATIC must hold $0.72 support or face a drop-down to a weekly low. Polygon (MATIC) price showed some bullish strength recently, but the price has struggled to break above key daily resistance against tether (USDT). The price of Polygon (MATIC) has continued to range as bulls sweat over a potential break of the key support zone holding the price of MATIC from having a spiral down to a weekly low. (Data from Binance)....
Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, rising by almost 10% in the process. Overall, the global crypto market cap is up 3.06% as of writing. Polygon (MATIC) Polygon (MATIC) was one of Tuesday’s big movers, as the token climbed to a three-week high following yesterday’s false breakout. MATIC/USD started the weekend trading at a low of $0.7548, which was marginally below its floor of $0.7690. However, as bullish....
MATIC price is up over 15% and trading near $0.85. Polygon bulls are in charge, and they might soon aim for a move toward the $1.00 level. MATIC price started a strong increase above the $0.75 resistance against the US dollar. The price is trading above $0.78 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.775 on the 4-hour chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.850 and $0.880 resistance levels. Polygon Price Signals Breakout After forming a base above the $0.65....