Tag Archives: MATIC

When’s the best time to talk about a disaster? After it’s over, of course. This was Polygon’s policy as it attempted to wrangle with a vulnerability that two white hat hackers had reported. White as snow? Polygon reportedly experienced a “critical network vulnerability” in early December that it felt had to be fixed as discreetly asContinue reading “Analyzing Polygon’s ‘critical network vulnerability,’ recent developments and wins”

While a majority of the crypto market and assets have been experiencing losses for the past 2 months, MATIC has been rallying on the macro scale. The uptrend that began in October has surprisingly continued despite a couple of instances of MATIC falling through it. The MATIC magic The 3 sets of rallies that putContinue reading “Correlation with Bitcoin can have this impact on MATIC’s strong rally going forward”

As the recovery window opened up, Binance coin and Tron marked a decent recovery to reclaim their crucial support levels. On the other hand, MATIC entered into price discovery to poke its ATH on 23 December. MATIC As we saw in the previous article, after continuing its oscillation in an ascending triangle (yellow), MATIC finallyContinue reading “MATIC, Binance Coin, Tron Price Analysis: 25 December”

MATIC formed its ATH at $2.7 in May earlier this year. The past couple of days have seen MATIC trade very near the ATH, and climb to $2.73 momentarily as well. A bearish divergence was seen on a lower time frame, and a subsequent dip to $2.57 was readily bought up too. The bullish pressureContinue reading “MATIC going strong, makes it to all-time high; how much further can it climb”

Ethereum scaling solution Polygon has strengthened its grip on the DeFi ecosystem further after members of Uniswap voted in favor of deploying its smart contracts on the former. The third iteration of the decentralized Automatic Market Maker, Uniswap V3, will be rolled out on Polygon “within a few days,” revealed a Twitter announcement by theContinue reading “Uniswap votes to deploy v3 smart contracts on Polygon”

While Bitcoin struggled to cross the $47,000-level, the fear sentiment had already heightened. Despite this, MATIC and The Sandbox managed to bag daily gains on their charts as the near-term buying pressure increased. Polkadot bulls, however, failed to alter the broader trend as it continued to flash weak near-term technical indications. Polkadot (DOT) As pointedContinue reading “Polkadot, MATIC, The Sandbox Price Analysis: 18 December”

As the market condition over the past 24-hours resonated with the bears, altcoins like XRP, MATIC and Terra saw losses on their daily charts. While XRP bounced back from its bullish trendline, MATIC and LUNA struggled to hold their immediate supports. XRP As XRP saw a down-channel breakout on 16 December, the bears quickly triggeredContinue reading “XRP, MATIC, Terra Price Analysis: 17 December”

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Roll-out Polygon, a layer-2 scaling solution taking inspiration from EthereumContinue reading “Polygon’s much-anticipated EIP-1559 upgrade live on Mumbai testnet”

After a short recovery window, the crypto market continued its bearish drift. As a result, altcoins like Bitcoin Cash, MATIC and AVAX were down by over 4% in 24-hours.  Bitcoin Cash and Avalanche flashed weak technical indications after forming a bearish flag on their 4-hour chart. Also, after hitting its six-month high on 8 December,Continue reading “MATIC, Bitcoin Cash, Avalanche Price Analysis: 10 December”

MATIC had an interesting trading price range since the end of November. While the asset is currently oscillating near an all-time high, there continue to be some frailties alongside strong market indicators. It is therefore important to analyze key market signs in order to properly estimate immediate trend of Polygon’s native tokens MATIC and itsContinue reading “Can MATIC pull a ‘rabbit-out-of-hat’ rally akin to one in May 2021”

While the top 10 Cryptos were in red in the past 24 hours, Ethereum and Uniswap technicals flashed mixed signs. The overall momentum favored the sellers, while the bulls continued their steady near-term revival. On the flip side, MATIC projected bullish near-term technicals as it endeavored to cross its ATH.   Ethereum (ETH) The bears retestedContinue reading “Ethereum, MATIC, Uniswap Price Analysis: 8 December”

As the bulls triggered an early December revival, the bears were quick to negate them by instigating a sizeable sell-off over the past day. Consequently, altcoins like Ethereum, MATIC and Terra’s LUNA registered double-digit losses on their daily charts.  After touching their multi-week milestones this month, most cryptos breached their long-term support levels. Ethereum (ETH) Continue reading “Ethereum, MATIC, Terra Price Analysis: 04 December”