Tag Archives: MATIC

Bitcoin and much of the altcoin market faced bearish pressure over the previous day. Polkadot had formed a bearish pattern and faced rejection at a resistance level. Polygon slipped beneath the $1.4 level and could dip further toward its range lows at $1.3. Filecoin had a bearish outlook as well. Polkadot (DOT) Polkadot formed aContinue reading “Polkadot, MATIC, Filecoin Price Analysis: 23 April”

Polygon holders have been worried about the token’s price trajectory. But it’s interesting to note that MATIC is fighting with the bears and holding strongly to its $1.33 support. At the time of this press, the token was changing wallets at $1.46, up by about 4.79% over the last seven days. Let’s see what theContinue reading “Will Polygon’s ‘big reveal’ help in MATIC’s mid-year surge”

MATIC price shows a willingness to surge higher and it comes as a result of its technical development and the flip of the market structure favoring bulls. Therefore, patient investors who bought the recent dip are ready to reap the benefits of what’s coming for Polygon. MATIC price ready to rumble MATIC price crashed nearlyContinue reading “Deciphering if MATIC’s price can kick-start a 100% upswing”

Bitcoin saw a lower timeframe “recovery” from just under the $39k mark, and at press time was trading at $40.8k. This development had a positive impact on the altcoin market in recent hours. However, Dogecoin and Shiba Inu faced stiff resistance once more, while MATIC had a slightly more bullish outlook due to the presenceContinue reading “Dogecoin, Shiba Inu, MATIC Price Analysis: 19 April”

From being used to issue verifiable caste certificates in Maharashtra, India to pledging $20 million to eliminate carbon footprint by the end of 2022, Polygon network has done it all. It even has over $4.1 billion in total-value-locked, according to DeiLlama, coming in eighth on the leaderboard. Here’s how the charts look However, it hasContinue reading “MATIC’s recent drawdowns mean this may be the way to invest”

In the consolidating market, most assets have been finding balance slightly above the level where they began their rally. Not Polygon [MATIC], however, as the cryptocurrency has already invalidated all of March’s growth. In fact, while the spot market has been suffering, the DeFi front of the asset isn’t acing either. Polygon, unlike expectations… HasContinue reading “Investors and NFTs, the odds of Polygon losing both are…”

MATIC price is stabilizing after more than three months of a steady downtrend from a peak of $2.92. This move provides swing traders and long-term holders an opportunity to accumulate the token at a discount before the trend reverses and the altcoin embarks on a massive and exponential uptrend. MATIC price in the calm beforeContinue reading “MATIC’s price long-term play could yield capital-doubling gains”

Metaverse is spreading to every corner of the crypto world thanks to the prospect that the virtual world offers, everyone is willing to be a part of it. A blockchain such as Polygon is a good choice. But, how good of a choice is it for the investors who are betting on a stellar growthContinue reading “MATIC loses 15% as Hostel chain builds Metaverse on Polygon”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Data from Coinglass showed that, in the past few days, the percentage of short positions has been slightly greater than that of long positions. The long/short ratio has been climbing in the past week toContinue reading “MATIC sees a weak bounce inside a demand zone, what can it mean for traders”

One can wonder if rags to riches could be MATIC’s story. The token which barely had a value of $0.09887 in February 2021 reached an all-time high (ATH) of $2.92 in December 2021. At press time, however, it was changing wallets at $1.45, down by 4.59% over the last day. With that, a section ofContinue reading “Polygon: Should you or shouldn’t you hold MATIC in a bear market”

The crypto market saw a large drop the previous day as Bitcoin fell by around 5%. Coins like MATIC and Dogecoin had been near strong support levels just as Bitcoin, and the wider crypto market, accelerated their fall in recent hours. This saw them pull back further, to areas that had significance on higher timeframes.Continue reading “MATIC, NEAR, Dogecoin, Avalanche Price Analysis: 07 April”

Bitcoin dropped momentarily to $44.3k but has since bounced to trade at $46.5k at press time. Avalanche, Polygon, and Cosmos showed similar bounces on their charts in the past few hours. However, even though their momentum was bullish, Polygon presented the possibility of a retracement of the recent gains. Avalanche (AVAX) Based on the moveContinue reading “Avalanche, Polygon, Cosmos Price Analysis: 02 April”