Tag Archives: MATIC

He who reigns within himself and rules his passions, desires, and fears is more than a king. Does this quote from ‘Paradise Regained’ connote Ethereum’s ‘Merge’ in any way? Well, yes, only if ‘passion, desire, and fears’ are taken for scalability. As Ethereum awaits its transition to Proof-of-Stake (PoS), investors are wondering if the ‘Merge’Continue reading “Is Ethereum’s ‘Merge’ a threat to L2 solutions like Polygon”

Even though Polygon wasn’t in the news today for marking a rally, unlike other altcoins, it still managed to grab attention as the network observed two major developments. The first being… The launch of the Keith Haring dedicated NFTs, released by cosmetic brand MAC. Keith Haring was known for his work as a pop artistContinue reading “Why Polygon is seeing interest from govts. & brand NFTs, but not investors”

Polygon Network is an emerging cryptocurrency working on a scalability blockchain platform. Its native token, MATIC, is an Ethereum ERC-20 token that powers Polygon. Polygon has had solid fundamentals and compelling use cases, so traders have been optimistic about it. However, of late the token has been bothering investors. MATIC token appeared to be bottomingContinue reading “Can MATIC reach $2 with two new products lined up for release”

The altcoin market was bullish on lower timeframes, as Bitcoin and Ethereum led the crypto rally. Demand drove the rallies, and bullish market structures seem to be established for many altcoins on lower timeframes. Apecoin was an exception and was unable to push past previous highs and appeared to establish a range. Cardano and MATICContinue reading “ApeCoin, Cardano, MATIC Price Analysis: 25 March”

After hitting a new all-time high earlier this year, MATIC fell by 52.74% on 14 March. The alt’s recovery since then was supposed to be not only essential, but also sustainable. While MATIC’s latest uptick has been essential, questions still need to be raised about its sustainability. MATIC rises back up Trading at $1.52, theContinue reading “MATIC: Is it enough that its 6-month low is behind it?”

MATIC price is closing in on breaking out of a massive bullish pattern. On-chain metrics are also hinting at an optimistic outlook for Polygon. Additionally, with Bitcoin flipping bullish, altcoins, including MATIC might also witness gains. Gains and more gains From 13 December 2021 to 16 March, MATIC price set up four lower highs andContinue reading “MATIC’s price edges closer to a 35% breakout; can it invalidate its losses soon”

As the market tried to recover amidst Russia’s escalating tensions, the likes of Chainlink and MATIC projected growth patterns. However, TRX seemed more inclined towards the bears. Chainlink (LINK) Even though bulls made a desperate attempt to recover from the December crash, LINK dropped to a year low support level of $11.68 on 24 February.Continue reading “Chainlink, MATIC and TRX Price Analysis: 03 March”

Polygon’s TVL registered a sudden hike over the last 24 hours in a surprising turn of events. Now, while that took many by surprise, upon inspection, it was observed that this hike was thanks to just one of its more than 200 protocols – Balancer. The decentralized exchange today closed its voting on a veryContinue reading “The lesser-known reason behind Polygon’s TVL hiking by $3 billion”

While the fear sentiment failed to improve over the last 24 hours, MATIC hovered near its Point of Control and saw a clash between its buyers and sellers around the $1.5-zone. On the contrary, Chainlink and SAND saw patterned breakouts but still struggled to topple their immediate resistances to claim a healthy rally. Polygon (MATIC)Continue reading “MATIC, Chainlink, SAND Price Analysis: 27 February”

MATIC price seems to be recuperating quicker than many altcoins after the recent flash crash. The downswing found a stable support level capable of absorbing the incoming selling pressure and reversing the trend. Therefore, market participants can expect Polygon to embark on a quick run-up to significant hurdles. MATIC’s price shows signs of recovery MATICContinue reading “The signs to identify a possible 33% rally in MATIC’s price”

With the market racking up a third consecutive day of losses, MATIC is on the verge of hitting its local bottom of $1.21. In fact, at press time, it was only 11.4% away from the aforementioned level.  Down by 15.48% from yesterday’s highs, MATIC was among the market’s biggest losers at the time of writing. However,Continue reading “Do MATIC investors care enough to hold out in a bleeding market”

While the overall sentiment worsened in the last 24 hours, MATIC, Decentraland and GALA revealed oversold readings on their 4-hour RSI. MANA still needed to challenge the $2.6-mark before confronting its supply zone while MATIC struggled to gather thrust to overturn the $1.5-zone. Polygon (MATIC) After attaining its ATH on 27 December at $2.92, MATICContinue reading “MATIC, Decentraland, GALA Price Analysis: 22 February”