MATIC Price Prediction: Can Polygon Rip Higher To $1.15

Name	Symbol	Market	Market Cap ($)	Algorithm
Polygon	MATICUSD	Crypto	5,982,857,128	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Polygon

MATICUSD

Crypto

5,982,857,128

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0269	-4.04%	0.6397	0.6384	0.6387

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0269

-4.04%

0.6397

0.6384

0.6387

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.6752	0.6372	0.6659	0.6666	0.492200 - 1.29

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.6752

0.6372

0.6659

0.6666

0.492200 - 1.29

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:19:45	6.50	0.6397	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

09:19:45

6.50

0.6397

USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,656,765.36	4,034,748.19	MATIC	MATICEUR	MATICGBP	MATICBTC

Price x Volume

Volume

Base Symbol

Related Pairs

2,656,765.36

4,034,748.19

MATIC Price Prediction: Can Polygon Rip Higher To $1.15

09/04/2024 6:28am

NEWSBTC

MATIC price is up over 5% and it tested the $0.950 resistance. Polygon bulls are in full control, and they might aim for more upsides above $1.00. MATIC price started a fresh increase above the $0.920 resistance against the US dollar. The price is trading above $0.925 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC/USD pair (data source from Kraken). The pair could continue to move up if it clears the $0.9720 resistance. Polygon Price Starts Fresh Increase After forming a base above the $0.8620 level, Polygon’s price started a fresh increase. MATIC cleared many hurdles near $0.880 and $0.8950 to move into a positive zone, like Bitcoin and Ethereum. There was also a move above the $0.90 resistance and the 100 simple moving average (4 hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. Besides, there was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC/USD pair. MATIC is trading above $0.9250 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.960 zone. The first major resistance is near the $0.9720 level or the 50% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. If there is an upside break above the $0.9720 resistance level, the price could continue to rise. Source: MATICUSD on TradingView.com The next major resistance is near $1.00. A clear move above the $1.00 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $1.100 level or $1.150. Are Dips Limited in MATIC? If MATIC’s price fails to rise above the $0.9720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.915 level and the same trend line. The main support is near the $0.880 level. A downside break below the $0.880 level could open the doors for a fresh decline toward $0.8620. The next major support is near the $0.8250 level. Technical Indicators 4 hours MACD – The MACD for MATIC/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) – The RSI for MATIC/USD is now above the 50 level. Major Support Levels – $0.9150 and $0.880. Major Resistance Levels – $0.9720, $1.00, and $1.15.

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

MATICUSD Polygon