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POLYGON PRICE PREDICTION 2023-2032: IS MATIC GOING PAST $1 SOON?POLYGON PRICE PREDICTION 2023-2032: IS MATIC GOING PAST $1 SOON? Polygon Price Prediction 2023-2032 Polygon Price Prediction 2023 – up to $0.87 Polygon Price Prediction 2026 – up to $2.87 Polygon Price Prediction 2029 – up to $9.01 Polygon Price Prediction 2032 – up to $26.76 How much is MATIC worth? Today, the price of Polygon (MATIC) stands at $0.68, experiencing a 24-hour trading volume of $133 million. The cryptocurrency has a market capitalization of $5.8 billion and accounts for 0.41% of the market dominance. Over the past 24 hours, MATIC’s price has surged by 1.75%. Currently, 8.01 billion MATIC tokens are in circulation, out of a maximum supply of 10 billion. MATIC price analysis: MATIC price faces bearish pressure in surging above $0.7 MATIC price analysis shows a bearish pattern after witnessing selling demand near the high of $0.7 Resistance for MATIC is present at $0.703 Support for MATIC/USD is present at $0.6033
COINBASE:MATICUSD
by henryartem
Is a Breakout Imminent for MATIC?Current Market Position: MATIC price shows a strong double bottom reversal, indicating a bullish undertone. Technical Patterns: The price faces a significant challenge at the 200-day EMA after surpassing the $0.65 level. Potential for Uptrend: If MATIC can overcome the 200-day EMA resistance, an uptrend rally could target the $0.75 mark. Channel Pattern Breakout: MATIC's price has been boosted by a breakout from a channel pattern, with a 30% increase in the last two weeks. Year-End Expectations: The recovery rally positions Polygon for a potentially bullish end to 2023. Trading Volume: A surge in trading volume accompanies the market recovery, supporting a bullish trend for MATIC. Technical Indicators - MACD: The MACD indicator shows a narrowing bullish gap, suggesting a possible pullback. Technical Indicators - EMA: The 50-day EMA is on the rise, hinting at a golden crossover, while the 200-day EMA presents resistance. Intraday Trading: MATIC is trading at $0.67 with a 1.53% intraday growth, signaling a potential breakout. Market Recovery: The overall market recovery has been a tailwind for MATIC's price, despite some underperformance earlier in the year. Downside Risk: A reversal from the $0.65 level could see MATIC's price retract to $0.55 if the $0.60 support fails. Market Watch: Traders are closely watching the 200-day EMA to see if MATIC can sustain its bullish momentum.
COINBASE:MATICUSD
by Coinpedia-Market-Insight
MATICUSD Double bullish break-out.Polygon (MATICUSD) closed yesterday above the 1D MA100 (green trend-line) for the first time in 6 months. At the same time it broke above the top (Lower Highs trend-line) of the Falling Wedge pattern since February 18. The 1D RSI was already on a Higher Lows Bullish Divergence since Augst 22 so this is a technical bullish break-out for the long-term. Our target is the 1D MA200 (orange trend-line) at 0.7000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MATICUSDLong
by TradingShot
3
MATICMATIC created a potential bearish flag pattern from the June low. It was easy to guess the top of the flag and the start of the descent. At this moment, the lower trend line of the flag is broken. It's hard for me to predict what the way down will look like, maybe it will test the trend line from below or even make a false reversal. Short positions would have it very easy if it only went down. However, I think it will test the area of the June low by the end of the year, and if it holds and other conditions are met, there could be an upward turn.
MShort
by trader-123456
11
MATIC/POLYGON - long position |AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity MATICUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
MLong
by TheGrove
6
Will MATIC price Surpass $0.65?Price Jump: MATIC price action shows a 3.63% increase, hinting at a bullish reversal. Double Bottom: The price action suggests a double bottom reversal from the $0.50 level. 50-day EMA: A breakout above this level could propel MATIC to $0.65. Market Recovery: A market-wide bullish trend is benefiting MATIC, placing it among the top gainers. Uptober Spirits: The bullish sentiment for October could push MATIC towards $1 in 2023. Resistance at $0.60: MATIC faces strong resistance at this level, failing to break the 50-day EMA. Technical Reversal: An overnight jump of 3.71% keeps the price above $0.50. Technical Indicators: MACD shows a potential positive crossover, while the 50-day EMA acts as dynamic resistance. Current Price: MATIC is trading at $0.5304, with an intraday movement of -0.69%. Optimistic Scenario: A breakout above the 50-day EMA could lead to a price of $0.65. Pessimistic Scenario: A reversal from $0.60 could send MATIC back to $0.50. Entry Point: The next crucial entry point for traders would be a breakout above the 50-day EMA.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
✴️ Polygon (MATIC) | Yes & No!Yes, I am eternally bullish not because I am biased but because it is the right time to be bullish. No, the signals are not in yet but this pair will also turn. No, Polygon is not bullish but will turn bullish soon enough... ➖ Here we have a clear and strong V shaped bottom in June 2022. ➖ We have a developing Adam & Eve bottom in June-October 2023. ➖ Trading volume has been dropping since November 2021. ➖ We have a very strong long-term higher low. ➖ Now new lows vs an extended consolidation as the market transitions from bearish to recovery (sideways), from sideways to bullish... 👉 Since we are transitioning to bullish and we have confirmation from all across, we can say Yes, Polygon will also go up. Namaste.
BITFINEX:MATICUSDLong
by AlanSantana
1
MATIC.USD (SHORT-TERM)Hello friends. How are you today? It's the second analysis that I publish today. Many users asked me to talk about Matic for Short-Term So I decided to talk about that briefly. I use Gann Fan and Ichimoko and the time frame is Weekly. According to the data, the price still respects the Gann Fan's line. It looks nice. Also, I use ichimoko too. Based on Ichimoku the price is below the Tenken-sen and Kijun-sen, the future cloud is still bearish and the Chiko span is below the Candles.we had a negative swsitch between tenkensen and Kijunsen. It means we are still in a bearish trend. and the time shows us about 2-3 weeks later, the price will touch the purple line (1/3) Also, the price action tells us the first support zone could rescue the price against more drops. As a result, I expect that the price will drop to 0.42 USD first and if this support zone could not prevent more dropping, we should see the price in the second support zone. But in the long-term, I expect more dropping, minimum to second support zone. So, we have to be patient and see what will happen… Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. Have a good day Ho3ein.mnD
MShort
by Sticky-Stock
MATIC Suffers As 50 EMA Triggers Sell-Off!Bearish Engulfing: MATIC forms a bearish engulfing candle in the daily chart. 50-day EMA Struggle: MATIC fails to reclaim the 50-day EMA. 5.65% Drop: MATIC price drops by 5.65%, warning of further downside. Psychological Mark: MATIC may test the $0.50 psychological mark soon. Recent Breakout: MATIC had a recent breakout but faced a bearish setback. Current Price: MATIC is trading at $0.5306, with an intraday move of 0.25%. Double Top Pattern: MATIC forms a double top pattern at the 50-day EMA. RSI Indicator: Daily RSI line maintains a positive trend, hinting at a bullish divergence. EMA Outlook: 50-day and 200-day EMAs act as catalysts for bearish reversal. Sideways Trend: MATIC teases a sideways trend between $0.49 and $0.60. Uptober Rally: MATIC's recent price action threatens the spirit of the Uptober rally. Positive Reversal: A reversal from $0.50 could rechallenge the $0.60 resistance zone.
COINBASE:MATICUSD
by Coinpedia-Market-Insight
MATiC: Long Short PLAYBOOK Indians love to churn businesses so do projects with EXCELLENT marketing as evident in MATiC price action anchored to series of camaigns from Name Change POLYGON to recent zkEVM March rollout Gang of 8 Whales control the Price and looks like it loves to hunt stops in between the cost of HANDLER Asian Market handler in control Euro Market free for all organic market decides US new york .. handler decides on news event driven anchored to BTC and DXY Body Clock of Handler is it hunts liquidity at obvious floor ceiling beyond it notice the TRUMPET formation size you entry and Churn Milk this with the King of Japipur NOTE: do not use Logarithmic scale as it fools or tricks your eyes stick to normal chart that harami circled doji in Yello is an indecision or unfinished business of TRADE to be revisited
M
by senyor
15
Will MATIC Price Reach The 200-day EMA?MATIC displays a bullish reversal with a falling wedge breakout. The price faces resistance at the 50-day EMA and $0.5911. A 25% price hike is expected, aiming for $0.71 close to the 200-day EMA. Google Cloud's staking of 10,000 MATIC boosts positive sentiment. Long-term correction in 2023 seems to be ending with a bullish momentum. Crucial bullish support found at $0.49. Double bottom reversal pattern observed. Consecutive bullish candles for four days, accounting for a 13% jump. Current trading price is $0.5618 with an intraday fall of 1.13%. MACD line spikes higher, indicating bullish momentum. RSI nearing the overbought boundary, signaling bullish strength. Failure to sustain above the 50-day EMA could lead to a price retest at $0.52 or $0.50.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
MATIC Price Analysis: MATIC Breaks Trendline, Hints 30% Hike!MATIC price action shows a potential bullish reversal. The 50-day EMA has been a major resistance, keeping bullish growth in check. A trendline breakout could unleash a new bullish rally. MATIC has been in a long-term downtrend, leading to a death cross. Recent support found at $0.49, teasing a potential reversal. The price is currently trading at $0.52, with a 5.23% jump in the last two days. A double bottom pattern is forming, signaling a potential trend reversal. A morning star pattern has also formed, adding to bullish indicators. MACD and signal lines avoid a bearish crossover, indicating bullish momentum. RSI struggles to break above the halfway mark but remains above the 14-day SMA. Upcoming resistance levels are at $0.59 and $0.71. Failure to sustain the uptrend could see the price drop to $0.42.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
Solid Buyers At $0.50 Eyes A Jump To $0.75!MATIC price action shows a falling channel pattern. 50-day EMA is keeping bullish growth in check. Trendline breakout could unleash a new bullish rally. MATIC has lost 67% of its value in the last 8 months. Strong support found at the psychological mark of $0.50. MATIC is under extreme bearish pressure. Strong demand at $0.50 is challenging the trendline. MATIC is trading at $0.5203 with a 1.15% growth in the last 24 hours. MACD and signal lines avoid a negative crossover. RSI maintains above the 14-day SMA but struggles to rise. Bullish divergence is seen in the daily-RSI. A breakout could push MATIC to $0.74, while a slide under $0.50 could lead to $0.40.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight