News with the tag "Polygon price analysis"

The Poggon (MATIC) price has been increasing since the token rebranded to POL on September 13. The fresh start has given the project a new boost in its price action, but not before a quick sell-off on the launch day. This is because the new POL tokenomics show the token has an infinite supply, where...

Polygon (MATIC) price, a Layer 2 scaling solution for Ethereum, has recently seen a significant uptick in its token value. Over the past week, MATIC has surged by 24%, outpacing other cryptocurrencies in the market. This rally breaks a long-standing downtrend, signaling a potential turnaround for th...

Polygon price is up 6% on Wednesday’s U.S. trading session following the general market uptick. The bullish momentum backed by whale buying and the network’s address activity surge provides a decisive breakout from the five-month correction trend. Will the recovery be sustained? Polygon Price Signal...

Polygon (MATIC) price, a Layer 2 scaling solution for Ethereum, shows signs of recovery after its recent rebound. Positioned at a critical support level, MATIC price is ready for a quick rally coupled with the surge in buying interest Polygon Announces POL Rebrand, All Eyes on MATIC Price Polygon an...

Polygon, a layer 2 crypto, has recently experienced a downturn in its market value, mirroring broader declines across crypto markets. MATIC price reached its peak at an all-time high of $2.92 on Dec 27, 2021, before undergoing a significant correction. Over the past week, the altcoin has seen a 5% d...

MATIC price forecast shows the asset lags despite Polygon being among the top 5 blockchains with the highest development activity in the past year. Polygon price hovered around $0.53 during the European session, a 2.3% drop over the last 24 hours. MATIC is known for its volatility during bull market...

Defying the market downtick on Wednesday, the Polygon price prediction shows an over 2% surge to hit $0.55. This bullish momentum intact for the past weeks now challenges the multi-month resistance of the falling wedge pattern. Amidst the recovery trend, the Polygon launch of Plonky3 could lead to i...

The last two days have not been easy on the investors, as the crypto market crash has wiped $260 Billion from the market cap. Additionally, based on the Coinglass data, around 230K traders have lost around $662.90 Million in liquidation in the last 24 hours. Out of which, $565.08 Million liquidation...

Polygon Price Analysis: MATIC, the native cryptocurrency of the Polygon network, has been trading sideways since last week, struggling to surpass the $0.768 resistance. The consolidation is following the lead of Ethereum amid uncertainty around Spot ETH ETF. With the broader market yet to signal a c...

Over the past seven weeks, the Polygon coin price has witnessed a steady downtrend under the influence of a falling wedge. The two downsloping trendlines of this pattern acted as dynamic resistance and support, leading the MATIC price from $1.29 to $0.588, registering a 54.3% loss. However, the down...