Category Archives: Polygon news

Exploring MATIC Price Trends Following a breakout from the channel pattern, the MATIC price experiences a boost in momentum through a double bottom reversal. Surpassing the dynamic 50-day EMA, the Polygon price trend witnesses a significant 30% increase in the past two weeks. Driven by a robust reversal rally, the MATIC price trend sets its[Read more…]

Polygon’s Remarkable Growth in Q3 2023 Polygon (MATIC), a Layer 2 (L2) blockchain network, experienced significant growth in the third quarter of 2023. According to a report by Messari, the platform witnessed a substantial increase in non-fungible token (NFT) sales, successful network upgrades, and the activation of a new token. Polygon NFT Sales Skyrocket During[Read more…]

Crypto Analysts Bullish on Shiba Inu (SHIB) Crypto analyst Ali Martinez recently identified bullish signals for Shiba Inu (SHIB) and predicts significant growth, indicating a higher return on investment (ROI) for investors. Polygon (MATIC) Shows Positive Indicators Polygon (MATIC) is also showing promising signs and could experience a rally in the coming days. Market data[Read more…]

Key Points: Renowned analyst Tom Wan recently revealed groundbreaking developments in the cryptocurrency world, shedding light on a massive migration of over 65.5 million MATIC tokens, constituting 0.655% of the total MATIC tokens on Ethereum. These tokens have found a new home on the Polygon (POL) platform, marking a significant move within the cryptocurrency ecosystem.[Read more…]

MATIC: Uncovering the Potential of This Hidden Gem MATIC stands out as an undervalued project in the crypto realm. Despite its subdued rally, it presents strong investment potential. Two-digit price predictions within the next 1-2 years seem plausible. In the vast universe of cryptocurrencies, spotting the next ‘big thing’ can be a challenging endeavor. Among[Read more…]

Long-term Price Forecast According to analysts at Coinidol.com, Polygon (MATIC) is currently trading above the moving average lines, indicating positive momentum in the market. The long-term forecast for Polygon’s price is bullish. The bulls managed to break the previous resistance range of $0.50 to $0.60. On October 27, Polygon experienced a minor dip and retested[Read more…]

Market Analysis: Polygon’s MATIC Token The cryptocurrency market has recently seen a mix of sentiments, with established coins maintaining stability while midcap altcoins, particularly Polygon’s MATIC token, experience substantial momentum. October concluded on a positive note, witnessing Bitcoin’s price surge by over 28%. Understanding the Surge in Polygon Price Several factors have contributed to the[Read more…]

Investment Opportunities in Cryptocurrencies: Polygon (MATIC), Chainlink (LINK), and Everlodge (ELDG) As technology evolves, investors and traders are exploring new ways to gather data about specific cryptocurrencies. AI-based technology has become a popular choice for making investment decisions. Google Bard, a renowned AI-driven chatbot, has identified potential growth in Polygon (MATIC), Chainlink (LINK), and Everlodge[Read more…]

The Current State of MATIC Price The price of MATIC is holding steady, staying above the support level of $0.58. If it manages to surpass the resistance at $0.650, Polygon could see a boost in its bullish momentum. Currently, the price is trading above $0.60 and is also positioned above the 100 simple moving average[Read more…]

Investors’ Journey in Crypto Investors have been reaping substantial profits as leading cryptocurrencies like Polygon (MATIC) and Arbitrum (ARB) experienced significant bull runs. While Polygon introduced contracts for its POL token on the Ethereum mainnet, Arbitrum incorporated Celestia into its network. However, VC Spectra (SPCT) emerged as a dark horse, surpassing both with a remarkable[Read more…]