Tag 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: Analyst Sets ‘Wild’ Price Target Amid POL’s 38.2% Weekly Surge

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Polygon (POL) hit its four-month high today following its 11% daily surge. The cryptocurrency surpassed the $0.60 mark before retracing, sparking a bullish sentiment among investors and market watchers. As a result, a renowned crypto analyst predicted a massive 2,500% rally for POL in the coming months. Polygon On-Chain Metrics Turn Bullish Polygon has seen… Continue reading Polygon: Analyst Sets ‘Wild’ Price Target Amid POL’s 38.2% Weekly Surge→

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

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According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving… Continue reading Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report→

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→

Altcoin Watch: Mega Whales Are Taking These Alts Off Exchanges

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On-chain data shows the whales of these altcoins have been shifting their supply from exchanges to cold wallets recently, a sign that may be bullish for their prices. Whales Of These Altcoins Have Been Moving Into Self-Custody Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend in the… Continue reading Altcoin Watch: Mega Whales Are Taking These Alts Off Exchanges→

Polygon Soars 16.6% As Binance Completes MATIC To POL Transition

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The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new token’s price struggled to gain momentum, failing to reclaim the $0.39 resistance level. However, Binance’s recent listing of POL has pumped its price above key levels. Binance Completes Polygon Token Migration On Friday… Continue reading Polygon Soars 16.6% As Binance Completes MATIC To POL Transition→

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?→

Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade

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MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Network’s upcoming upgrade that switches MATIC to POL, improving… Continue reading Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade→

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?→