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

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

MATIC In Consolidation: Key Price Levels To Watch After A Breakout

For a while now, the price of MATIC has been in a consolidation zone, moving between $0.7730 and $0.6233,  forming a bearing triangle flag in the process. This is a result of the drop from its high of $0.9288 that happened days ago which led to MATIC dropping by over 25%.  Although the price of… Continue reading MATIC In Consolidation: Key Price Levels To Watch After A Breakout

Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally

An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a parallel channel” here refers to a technical analysis (TA) pattern that’s drawn using two parallel trendlines. This pattern’s upper line joins successive… Continue reading Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally

MATIC Bullish Signals Abound: Technical Indicators Hint At Sustained Uptrend

MATIC is the native utility token of the Polygon blockchain and it is currently ranked 18th by market cap, with a total supply of 10 billion MATIC and a total trading volume of over $204 million in the last 24 hours. It has been moving upward since its last rejection at a $0.6342 support level.  … Continue reading MATIC Bullish Signals Abound: Technical Indicators Hint At Sustained Uptrend