Matic crypto trend

While most of the top 20 alts have been finishing in the red over the past week, one altcoin that truly stood out with its massive price losses was MATIC. Source: TradingView. Source: Glassnode. That would be a good buy zone for short-term trades if the alt tests those levels, he went on to say.

We are searching data for your request:

Databases of online projects:
Data from exhibitions and seminars:
Data from registers:
Wait the end of the search in all databases.
Upon completion, a link will appear to access the found materials.


MATIC Price Prediction 2022 Polygon Chart Market Cap & Review – Will Hit $5

After manifesting an extremely bullish trend, since the mid of December, the asset plunged down drastically after reaching ATH. However, if the current levels are held strong then a minor flip leading to a small uptrend is quite possible. The price zones around which the MATIC price is considered as pretty strong as the asset visited these levels many times. No doubt the buyers bragged into uplifting the price yet failed as the sellers quickly bought the price back along with the support levels.

Considering the current accumulation along with the support levels, one can expect a notable flip. However, the possibility of a drop still hovers the rally. Also Read Attention Traders! Collectively, in between the bearish trend hovering within the crypto space, MATIC price is showcasing some possibilities of an uptrend. No doubt the consolidation above the support levels do not signify an incoming uptrend. However, it may be assumed as fast approaching.

As the sellers or the bears may eventually get exhausted at some point and this is when the buyers become strong to rise above the initial targets. Show More. Was this writing helpful? Tell us why! Not complete details Difficult to understand Other. Close Submit. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since He has also interviewed a few prominent experts within the cryptocurrency space.

Related Articles. Is Crypto. February 1, Check Also. Price Analysis. Home Market.

Polygon Price Analysis: MATIC Coin Ready For A Second Chance To Break Free From The $1.5 Resistance

New Delhi: The cryptocurrency market is still witnessing the huge dump which was triggered a reaction of sudden meltdown in the global financial markets. It is being reported that stock markets around the globe weakened due to a possible loan default by Chinese property developer giant Evergrande. The situation has been eased slightly but investors are still holding themselves to brace for more uncertain conditions. MATIC was on its way to recovery but the market has its own plan this weekend.

However, has so far brought a bear market to the crypto space. Year-to-date (YTD), A concept image for the Polygon (MATIC) crypto.

Polygon Price History

The trend is your friend, until the end. The end is here. So why so bearish? Support points 1. Thank you for watching the analysis Please follow us. Mid term month. Take profit 1: 4. Also, if you have any Questions, Please do ask them! We can look long for a continuation on the current upmove after a further dip..

Polygon matic ,free coin crypto airdrop,crypto trend ,100000 maticx free

matic crypto trend

This multi-chain scaling solution for Ethereum is made up of an Indian cryptocurrency, Polygon Network. The year was remarkable for digital assets, thanks to many partnerships and alliances. While the coin experienced a dip, it has recovered faster than any other token. The polygon may break a new record high this year, based on its recent rally and the renewed interest it has received.

Risk assets are on a swift downside move today, which means there may be potential opportunities for crypto traders to get into solid uptrend plays at better prices.

Polygon(MATIC)/USDT Price Prediction: 10 December 2021

Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who compensate us for users that Invezz refers to their services. While our reviews and assessments of each product on the site are independent and unbiased, brands may pay to appear higher up our table rankings or place ads in specific areas of the site. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Polygon is a leading layer-2 blockchain project whose main goal is to accelerate or supercharge applications built in the Ethereum ecosystem.

Ethereum Classic (ETC), Polygon (MATIC) Skyrocket As 'Ethereum Plus' Trend Continues

ARK argues that Bitcoin represents only a fraction of the value of global assets. In , a new market cycle can propel ETH price up to k; The targets for are even more vague, ranging from k to DigitalCoinPrice Ethereum price prediction for , , , Ethereum price is forecast to reach a lowest possible level of 0, Ethereum Classic ETC runs on the same protocol doing a similar function, but it does have some distinct differences in its community. The firm also forecasted that ETH's market capitalization could exceed trillion in the same timeframe. That's more than 3 times it's current price. If the crypto grows at just half that rate, it could reach by , meaning an investment of , in ANKR level 1. Also, ETC is a profitable investment.

analytics for Polygon (MATIC) based on price, blockchain, social media, and crypto What is the trend in the value of transactions on the blockchain?

Litecoin, Tron, MATIC Price Analysis: 12 November

The MATIC price slid into consolidation, creating lower highs and higher lows due to aggressive yet diminishing pressure from both buyers and sellers. By connecting the swing highs and lows using trend lines, a symmetrical triangle pattern forms. An increased seller activity at the current price will quickly push Polygon toward the lower trend line.

MATIC Price Prediction - Will The Coin Hit $5 in 2022?

Polygon , previously known as Matic Network is the Ethereum scaling solution. Using Polygon, developers can easily connect Ethereum-compatible blockchain apps into its network to meet the rising scaling demand. Developers can choose either Layer 2 or Sidechain solution to match their in-app demand. Therefore, trade with caution. The result of that calculation is the MACD line. Potential buy signals occur when the MACD moves above zero, and potential sell signals when it crosses below zero — Above zero for a sustained period of time, and the trend is likely up or Below zero for a sustained period of time, and the trend is likely down.

Before we start with MATIC price prediction, an ideal blockchain platform which Matic Network provides cheaper and lightning-fast transactions eliminating the complexities involved in the decentralized ecosystem.

Polygon (MATIC): What Is It And Is It Worth your Investment?

This was a notable level since it was the lowest level since early this month. Also Read: Does Cosmos have a future? Therefore, while the situation seems bearish, the double-bottom pattern points to a significant bounce in the near term. Lets take a look at the different technical analysis setups for Polygon Matic and try to prediction the price and its movement. As you can see in the chart above, the 2EMA is still bullish but struggling to maintain its support level. RSI is actually losing its momentum, where as the price is going in a different direction meaning that this fall is just a small correction for Matic and there is lot of potential for Matic to jump back and let the bulls open in the field. This is not going to happen faster or sooner, but seeing massive adoption in Matic and huge development on the top of its blockchain it will happen for sure.

MATIC price prediction: Can it halt the slide and rebound to new highs soon?

It has a market cap rank of 16 with a circulating supply of 7,,, Polygon is traded on exchanges. Matic Network is a scalable blockchain platform with a whole set of products and tools helping developers create decentralized apps. The platform is powered by a utility token under the same name.

Comments: 0
Thanks! Your comment will appear after verification.
Add a comment

  1. There are no comments yet.