Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token expansion. MATIC saw a 7% drop following the news. Save The Date: Polygon Token Upgrade Coming Soon… Continue reading Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

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

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

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

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