Category Archives: Matic

MATIC Price (Polygon) Sets Stage for Rally, $0.80 In Sight

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MATIC price is showing positive signs from the $0.580 zone. Polygon is rising and might gain bullish momentum above the $0.70 resistance. MATIC price started a fresh increase above the $0.620 level against the US dollar. The price is trading above $0.650 and the 100-hour simple moving average. There was a break above a short-term… Continue reading MATIC Price (Polygon) Sets Stage for Rally, $0.80 In Sight→

Polygon (MATIC) To Come back From The Dead As Ascending Triangle Appears

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The Polygon (MATIC) price has suffered crash after crash in recent months, pushing it down to levels not seen since June 2022. This price crash has led to an 86.27% drop from it all-time high price of $2.92 recorded back in 2021. However, positive sentiment is slowly starting to creep up among Polygon investors who… Continue reading Polygon (MATIC) To Come back From The Dead As Ascending Triangle Appears→

Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?

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Polygon, the Ethereum sidechain, recently upgraded, kickstarting their migration into a new era of scaling as highlighted by their Polygon 2.0 mission. Even though POL prices are still struggling, on-chain data points to a robust ecosystem that could support prices in the medium to long term. Over $214 Billion In DEX Volume Processed Via Polygon… Continue reading Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?→

MATIC Slides Deeper: Will It Break The $0.3132 Barrier?

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MATIC is under mounting bearish pressure as it continues its downward slide, drawing closer to a critical support level at $0.3132. A break below $0.3132 could open the door to additional losses, signaling a deeper bearish trend ahead. With the market sentiment turning increasingly negative, speculations are whether the bears can push the price beyond… Continue reading MATIC Slides Deeper: Will It Break The $0.3132 Barrier?→

Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?

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On-chain data shows that some activity metrics related to Polygon have surged recently, which could be positive for the asset’s price. Polygon Active Addresses & Age Consumed Have Spiked Recently In a new Daily Active Addresses,” which tracks the total number of addresses participating in some kind of transaction activity on the network every day. The… Continue reading Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?→

MATIC Price (Polygon) Sets Sights Higher: Can It Gain Bullish Momentum?

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MATIC price is showing positive signs from the $0.3920 zone. Polygon is rising and might gain bullish momentum above the $0.4220 resistance. MATIC price started a fresh increase above the $0.410 level against the US dollar. The price is trading above $0.4120 and the 100-hour simple moving average. There is a key rising channel forming… Continue reading MATIC Price (Polygon) Sets Sights Higher: Can It Gain Bullish Momentum?→

Polygon Network Active Addresses Just Hit A New Yearly High, But Why Is MATIC Price Down?

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Polygon (MATIC) appears to be underperforming compared to the broader market, where most of the attention is directed toward other major cryptocurrencies with larger market caps. Despite this subdued price movement, the Polygon network recently experienced a significant surge in activity, reaching its highest levels in over a year. This notable increase in activity is… Continue reading Polygon Network Active Addresses Just Hit A New Yearly High, But Why Is MATIC Price Down?→

MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend

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Recent trading activities have caused the price of MATIC to slide, targeting the $0.5030 mark, following a period of strong upward momentum disrupted by bearish pressure. This sudden drop, driven by increasing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will hold or if further… Continue reading MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend→

MATIC Price Prediction: Can Polygon Recover From The Recent Crash?

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MATIC price is down over 15% and tested the $0.5150 support. Polygon is slowly recovering, but the bears might be active near $0.5650 and $0.5720. MATIC price started a fresh decline from the $0.6285 resistance zone against the US dollar. The price is trading below $0.570 and the 100-hour simple moving average. There is a… Continue reading MATIC Price Prediction: Can Polygon Recover From The Recent Crash?→

MATIC Price Tests 8-Month Support As Polygon Unveils New Governance Hub

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Polygon’s native token, MATIC, has experienced a notable disparity compared to the broader cryptocurrency market. Unlike the top cryptocurrencies that have posted double-digit gains year-to-date, MATIC has failed to post positive performance across all time frames since the 2021 bull run. Adding to the concern, MATIC’s price has recorded losses amounting to 16.5% over the… Continue reading MATIC Price Tests 8-Month Support As Polygon Unveils New Governance Hub→