{"id":416570,"date":"2024-08-22T09:30:55","date_gmt":"2024-08-22T04:00:55","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=416570"},"modified":"2024-08-21T16:46:22","modified_gmt":"2024-08-21T11:16:22","slug":"matic-could-rise-20-despite-bearish-sentiments-heres-how","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/","title":{"rendered":"MATIC could rise 20% despite bearish sentiments &#8211; Here&#8217;s how"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">MATIC\u2019s Open Interest jumped by over 15% in the last 24 hours, indicating growing interest from investors.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">If MATIC&#8217;s price falls to $0.442, nearly $6.77 million worth of long positions will be liquidated.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The current market sentiment is quite bearish following the significant <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a> transaction at Mt. Gox and the recent all-time high in the price of gold. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amid this market downturn, on the 21st of August, <a href=\"https:\/\/ambcrypto.com\/category\/polygon-news\/\" target=\"_blank\" rel=\"noopener\">Polygon [MATIC]<\/a>\u00a0experienced a strong bullish breakout of the consolidation zone and the descending trendline.<\/span><\/p>\n<h2><b>Major breakout in MATIC<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Based on the historical price momentum, MATIC was consolidating within a tight range for over 14 days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Additionally, since March 2024, it has been in a continuous downtrend and has formed a descending trendline where it consistently faced resistance.\u00a0<\/span><\/p>\n<figure id=\"attachment_416571\" aria-describedby=\"caption-attachment-416571\" style=\"width: 1814px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853.png\"><img decoding=\"async\" class=\"wp-image-416571 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853.png\" alt=\"Matic technical analysis\" width=\"1814\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853.png 1814w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853-1024x452.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853-768x339.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853-1536x677.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/MATICUSDT_2024-08-21_15-39-22-e1724235172853-1200x529.png 1200w\" sizes=\"(max-width: 1814px) 100vw, 1814px\" \/><\/a><figcaption id=\"caption-attachment-416571\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">With this recent breakout of the trendline, MATIC has cleared a significant barrier. Thus, there is a high possibility it could rise over 20% to $0.575 level, or even higher, based on the market situation.<\/span><\/p>\n<h2><b>Bullish sentiment<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With the recent breakout, MATIC looks bullish. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the on-chain analytic firm CoinGlass, MATIC\u2019s Open Interest has jumped by over 15%, in the last 24 hours, indicating growing interest from investors and traders following the breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the same period, traders&#8217; long-leverage positions are significantly higher than short-leverage positions, indicating bulls betting more heavily than bears.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, MATIC\u2019s daily active addresses have continuously risen for the last seven days, according to an on-chain analytic firm IntoTheBlock. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This growing daily active address could be a key factor behind the recent breakout. Additionally, the new adoption rate is also rising along with the price.<\/span><\/p>\n<h2><b>MATIC&#8217;s price performance\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">At press time, most of the cryptocurrencies are struggling to gain momentum, whereas MATIC was trading near $0.4725 and has experienced a price surge of over 7.5% in the last 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, its trading volume has increased by 31% during the same period, indicating higher participation from traders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of now, the two major <a href=\"https:\/\/www.coinglass.com\/pro\/futures\/LiquidationMap\">liquidation levels<\/a> are near $0.442 on the lower side and $0.496 on the higher side, according to Coinglass, at these levels traders are highly leveraged.\u00a0<\/span><\/p>\n<figure id=\"attachment_416572\" aria-describedby=\"caption-attachment-416572\" style=\"width: 1447px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg.png\"><img decoding=\"async\" class=\"size-full wp-image-416572\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg.png\" alt=\"Liquidation level\" width=\"1447\" height=\"605\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg.png 1447w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg-300x125.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg-1024x428.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg-768x321.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/jjg-1200x502.png 1200w\" sizes=\"(max-width: 1447px) 100vw, 1447px\" \/><\/a><figcaption id=\"caption-attachment-416572\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If the market sentiment remains the same and MATIC&#8217;s price rises to the $0.496 level, nearly $1.52 million worth of short positions will be liquidated.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Conversely, if sentiment changes and the price falls to the $0.442 level, nearly $6.77 million worth of long positions will be liquidated.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/app.intotheblock.com\/coin\/MATIC\/deep-dive?group=ownership&amp;chart=all\">Whale concentrations<\/a> in MATIC are significantly high, making price manipulation more likely.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/matic-network-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Polygon\u2019s [MATIC] Price Prediction<\/a>\u00a02024-25<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\"> According to the data, just eight whales hold a substantial 67.55% of the total supply, while 75 sharks control over 17.64%. In contrast, only 14.8% of the total supply is in the hands of retail investors.<\/span><\/p>\n<figure id=\"attachment_416575\" aria-describedby=\"caption-attachment-416575\" style=\"width: 1552px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd.png\"><img decoding=\"async\" class=\"size-full wp-image-416575\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd.png\" alt=\"Whale concentration\" width=\"1552\" height=\"690\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd.png 1552w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd-300x133.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd-1024x455.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd-768x341.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd-1536x683.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/nfenjfd-1200x534.png 1200w\" sizes=\"(max-width: 1552px) 100vw, 1552px\" \/><\/a><figcaption id=\"caption-attachment-416575\" class=\"wp-caption-text\">Source: IntoTheBlock<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This data suggests that price manipulation in MATIC is relatively easy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MATIC sees a bullish breakout, as there is a high possibility it could rise over 20% to the $0.575 level.<\/p>\n","protected":false},"author":97,"featured_media":416599,"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":[6427],"class_list":["post-416570","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","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MATIC could rise 20% despite bearish sentiments - Here&#039;s how - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Matic Network (MATIC) sees a bullish breakout there is a high possibility it could rise over 20% to the $0.575 level.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MATIC could rise 20% despite bearish sentiments - Here&#039;s how - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"MATIC sees a bullish breakout, as there is a high possibility it could rise over 20% to the $0.575 level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/\" \/>\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=\"2024-08-22T04:00:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.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=\"Chandan Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chandan Gupta\" \/>\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\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/\"},\"author\":{\"name\":\"Chandan Gupta\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/867ebcdd8a8f0ccf1ee9692a9613986d\"},\"headline\":\"MATIC could rise 20% despite bearish sentiments &#8211; Here&#8217;s how\",\"datePublished\":\"2024-08-22T04:00:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/\"},\"wordCount\":481,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/matic-webp.webp\",\"keywords\":[\"ambcrypto\"],\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Polygon\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/\",\"name\":\"MATIC could rise 20% despite bearish sentiments - Here's how - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/matic-webp.webp\",\"datePublished\":\"2024-08-22T04:00:55+00:00\",\"description\":\"Matic Network (MATIC) sees a bullish breakout there is a high possibility it could rise over 20% to the $0.575 level.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/matic-could-rise-20-despite-bearish-sentiments-heres-how\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/matic-webp.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/matic-webp.webp\",\"width\":1792,\"height\":1024,\"caption\":\"MATIC could rise 20% despite bearish sentiments - Here's how\"},{\"@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\\\/867ebcdd8a8f0ccf1ee9692a9613986d\",\"name\":\"Chandan Gupta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"caption\":\"Chandan Gupta\"},\"description\":\"Chandan Gupta is is a seasoned crypto analyst with over four years of experience in market research and trading. He specializes in simplifying complex on-chain data to uncover the strategies of crypto whales and major market participants. Alongside on-chain analysis, he breaks down price charts and liquidity movements to deliver clear, actionable insights.\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/chanakya-g\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MATIC could rise 20% despite bearish sentiments - Here's how - AMBCrypto","description":"Matic Network (MATIC) sees a bullish breakout there is a high possibility it could rise over 20% to the $0.575 level.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/","og_locale":"en_US","og_type":"article","og_title":"MATIC could rise 20% despite bearish sentiments - Here's how - AMBCrypto","og_description":"MATIC sees a bullish breakout, as there is a high possibility it could rise over 20% to the $0.575 level.","og_url":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-08-22T04:00:55+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.webp","type":"image\/webp"}],"author":"Chandan Gupta","twitter_card":"summary_large_image","twitter_creator":"@CryptoAmb","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Chandan Gupta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ReportageNewsArticle","@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/"},"author":{"name":"Chandan Gupta","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/867ebcdd8a8f0ccf1ee9692a9613986d"},"headline":"MATIC could rise 20% despite bearish sentiments &#8211; Here&#8217;s how","datePublished":"2024-08-22T04:00:55+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/"},"wordCount":481,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.webp","keywords":["ambcrypto"],"articleSection":["Altcoin","News","News 1","Polygon","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/","url":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/","name":"MATIC could rise 20% despite bearish sentiments - Here's how - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.webp","datePublished":"2024-08-22T04:00:55+00:00","description":"Matic Network (MATIC) sees a bullish breakout there is a high possibility it could rise over 20% to the $0.575 level.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/matic-could-rise-20-despite-bearish-sentiments-heres-how\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/matic-webp.webp","width":1792,"height":1024,"caption":"MATIC could rise 20% despite bearish sentiments - Here's how"},{"@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\/867ebcdd8a8f0ccf1ee9692a9613986d","name":"Chandan Gupta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","caption":"Chandan Gupta"},"description":"Chandan Gupta is is a seasoned crypto analyst with over four years of experience in market research and trading. He specializes in simplifying complex on-chain data to uncover the strategies of crypto whales and major market participants. Alongside on-chain analysis, he breaks down price charts and liquidity movements to deliver clear, actionable insights.","url":"https:\/\/ambcrypto.com\/author\/chanakya-g\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/416570","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\/97"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=416570"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/416570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/416599"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=416570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=416570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=416570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}