{"id":382759,"date":"2024-04-09T01:30:21","date_gmt":"2024-04-08T20:00:21","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=382759"},"modified":"2024-04-08T14:19:47","modified_gmt":"2024-04-08T08:49:47","slug":"top-reasons-why-matics-price-might-double-in-april","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/","title":{"rendered":"Top reasons why MATIC&#8217;s price might double in April"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">MATIC was down by nearly 10% in the last seven days.\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Metrics supported the possibility of a price uptick.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"http:\/\/ambcrypto.com\/category\/polygon-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Polygon [MATIC]<\/span><\/a><span style=\"font-weight: 400;\"> continued to remain under bears\u2019 influence as its daily and weekly charts were red. However, a key metric flagged a buy signal as the chances of MATIC\u2019s price skyrocketing were high.<\/span><\/p>\n<h4><b>Polygon bears are refusing to leave<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/polygon\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400;\">, MATIC was down by nearly 10% in the last seven days. However, the bearish momentum declined as Polygon\u2019s value only dropped marginally in the last 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, MATIC was trading at $0.8985 with a market capitalization of over $8.8 billion, making it the 17th largest crypto. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decline in value took a toll on MATIC\u2019s social metrics. Our analysis of Santiment\u2019s data revealed that Polygon\u2019s weighted sentiment dropped sharply, meaning that bearish sentiment was dominant in the market. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But its social volume remained stable, reflecting its popularity in the crypto space.<\/span><\/p>\n<figure id=\"attachment_382760\" aria-describedby=\"caption-attachment-382760\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024.png\"><img decoding=\"async\" class=\"wp-image-382760 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024.png\" alt=\"Polygon's weighted sentiment dropped\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.32.14-08-Apr-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-382760\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h4><b>The trend might change soon<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">While that happened, Ali, a popular crypto analyst, posted a <\/span><a href=\"https:\/\/twitter.com\/ali_charts\/status\/1776881848569704856\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\"> highlighting a key MATIC metric. As per the tweet, the token\u2019s 30-day MVRV ratio hit a critical zone, flagging a buy signal. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Historically, when MATIC\u2019s MVRV ratio touched that level the last two times, the token\u2019s value surged by 112% and 87%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, AMBCrypto took a closer look at MATIC\u2019s current state to better understand whether history would repeat itself for the third time. AMBCrypto\u2019s analysis of CryptoQuant\u2019s <\/span><a href=\"https:\/\/cryptoquant.com\/asset\/matic\/summary\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> revealed that Polygon\u2019s Relative Strength Index (RSI) was in the oversold zone. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similar to the RSI, the stochastic was also in the oversold zone, which hinted at a price uptick. Additionally, MATIC\u2019s exchange reserve was dropping, meaning that buying pressure on the token was already increasing.\u00a0<\/span><\/p>\n<figure id=\"attachment_382761\" aria-describedby=\"caption-attachment-382761\" style=\"width: 1992px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM.png\"><img decoding=\"async\" class=\"wp-image-382761 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM.png\" alt=\"\" width=\"1992\" height=\"634\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM.png 1992w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM-300x95.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM-1024x326.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM-768x244.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM-1536x489.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-08-at-11.44.44\u202fAM-1200x382.png 1200w\" sizes=\"(max-width: 1992px) 100vw, 1992px\" \/><\/a><figcaption id=\"caption-attachment-382761\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Things on the derivatives market also looked optimistic for the token. MATIC\u2019s open interest dropped sharply along with its price. This suggested that the possibility of a trend reversal was high. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its funding rate also dropped, meaning that futures investors were not buying MATIC at its lower price. <\/span><\/p>\n<figure id=\"attachment_382762\" aria-describedby=\"caption-attachment-382762\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024.png\"><img decoding=\"async\" class=\"wp-image-382762 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024.png\" alt=\"Polygon's open interest declined\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-on-Ethereum-MATIC-11.46.02-08-Apr-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-382762\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/matic-network-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Polygon\u2019s [MATIC] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2024-25<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">The technical indicator MACD displayed the possibility of a bullish crossover in the coming days. However, the Money Flow Index (MFI) was bearish as it registered a sharp downtick. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This might restrict MATIC\u2019s price from gaining bullish momentum in the short term.\u00a0<\/span><\/p>\n<figure id=\"attachment_382763\" aria-describedby=\"caption-attachment-382763\" style=\"width: 2308px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53.png\"><img decoding=\"async\" class=\"wp-image-382763 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53.png\" alt=\"\" width=\"2308\" height=\"1456\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53.png 2308w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-300x189.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-1024x646.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-768x484.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-1536x969.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-2048x1292.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/MATICUSDT_2024-04-08_11-51-53-1200x757.png 1200w\" sizes=\"(max-width: 2308px) 100vw, 2308px\" \/><\/a><figcaption id=\"caption-attachment-382763\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><br style=\"font-weight: 400;\" \/><br style=\"font-weight: 400;\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon\u2019s MVRV ratio reached a level that historically has been followed by massive price rises.<\/p>\n","protected":false},"author":75,"featured_media":382765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,6382,4,20],"tags":[],"class_list":["post-382759","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-polygon-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Top reasons why MATIC&#039;s price might double in April - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Polygon [MATIC] continued to remain under bears\u2019 influence as its daily and weekly charts were red, but there was good news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top reasons why MATIC&#039;s price might double in April - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Polygon\u2019s MVRV ratio reached a level that historically has been followed by massive price rises.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-08T20:00:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Dipayan Mitra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/DiDipayan\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dipayan Mitra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/\"},\"author\":{\"name\":\"Dipayan Mitra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\"},\"headline\":\"Top reasons why MATIC&#8217;s price might double in April\",\"datePublished\":\"2024-04-08T20:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/\"},\"wordCount\":439,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Polygon-to-turn-bullish.webp\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Polygon\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/\",\"name\":\"Top reasons why MATIC's price might double in April - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Polygon-to-turn-bullish.webp\",\"datePublished\":\"2024-04-08T20:00:21+00:00\",\"description\":\"Polygon [MATIC] continued to remain under bears\u2019 influence as its daily and weekly charts were red, but there was good news\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-reasons-why-matics-price-might-double-in-april\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Polygon-to-turn-bullish.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Polygon-to-turn-bullish.webp\",\"width\":1792,\"height\":1024,\"caption\":\"Polygon to turn bullish\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\",\"name\":\"Dipayan Mitra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"caption\":\"Dipayan Mitra\"},\"description\":\"Dipayan is a full-time journalist at AMBCrypto. He has 2 years of experience in the content creation industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. He is a singer and a guitarist who also enjoys going on long bike rides.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/dipayan-mitra-91857599\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/DiDipayan\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/dipayan-mitra\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Top reasons why MATIC's price might double in April - AMBCrypto","description":"Polygon [MATIC] continued to remain under bears\u2019 influence as its daily and weekly charts were red, but there was good news","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/","og_locale":"en_US","og_type":"article","og_title":"Top reasons why MATIC's price might double in April - AMBCrypto","og_description":"Polygon\u2019s MVRV ratio reached a level that historically has been followed by massive price rises.","og_url":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-04-08T20:00:21+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp","type":"image\/webp"}],"author":"Dipayan Mitra","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/DiDipayan","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Dipayan Mitra","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/"},"author":{"name":"Dipayan Mitra","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/a3c1a47ad2d3e2a023516862993813cd"},"headline":"Top reasons why MATIC&#8217;s price might double in April","datePublished":"2024-04-08T20:00:21+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/"},"wordCount":439,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp","articleSection":["Altcoin","News","News 1","Polygon","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/","url":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/","name":"Top reasons why MATIC's price might double in April - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp","datePublished":"2024-04-08T20:00:21+00:00","description":"Polygon [MATIC] continued to remain under bears\u2019 influence as its daily and weekly charts were red, but there was good news","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/top-reasons-why-matics-price-might-double-in-april\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/04\/Polygon-to-turn-bullish.webp","width":1792,"height":1024,"caption":"Polygon to turn bullish"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/a3c1a47ad2d3e2a023516862993813cd","name":"Dipayan Mitra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","caption":"Dipayan Mitra"},"description":"Dipayan is a full-time journalist at AMBCrypto. He has 2 years of experience in the content creation industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. He is a singer and a guitarist who also enjoys going on long bike rides.","sameAs":["https:\/\/www.linkedin.com\/in\/dipayan-mitra-91857599\/","https:\/\/x.com\/https:\/\/twitter.com\/DiDipayan"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/dipayan-mitra\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/382759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=382759"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/382759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/382765"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=382759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=382759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=382759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}