Category Archives: Polygon news

Price Movement Overview The price of Polygon (MATIC) exhibited a notable increase, surging by more than 1.1% over the past 24 hours and reaching $0.6324 at press time. Symmetrical Triangle Formation On MATIC’s weekly chart, a symmetrical triangle pattern has emerged, indicating a potential breakout in the medium term. This pattern suggests significant price movement,[Read more…]

Current Market Overview of Polygon (MATIC) As of October 30, 2023, Polygon (MATIC) is trading at approximately $0.6339. With a circulating supply of about 9.31 billion MATIC out of a maximum supply of 10 billion, Polygon holds a significant market cap of approximately $5.9 billion, ranking it 13th among cryptocurrencies. The recent market behavior shows[Read more…]

Current MATIC Price Trends MATIC price is currently consolidating gains above the $0.58 support zone. There are positive signs as it trades above $0.60 and the 100 simple moving average (4 hours). A key contracting triangle is forming with resistance near $0.640 on the 4-hour chart of the MATIC/USD pair sourced from Kraken. To gain[Read more…]

Polygon Price Prediction 2023-2032 How much is MATIC worth? Today, the price of Polygon (MATIC) stands at $0.625, 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 2.82%. Currently,[Read more…]

Altcoins Gain Momentum Amidst Bitcoin and Ethereum Focus A recent analysis by crypto analytics firm Santiment reveals that the cryptocurrency market is experiencing notable shifts in focus. While traders have traditionally concentrated on Bitcoin (BTC) and Ethereum (ETH), Santiment highlights the emerging trend of several altcoins gaining momentum. Santiment identifies nine altcoins, including Polygon (MATIC),[Read more…]

Bitcoin and Gold Market Update Bitcoin price dropped to $33,500 at the time of writing this article, while gold surpassed $2,000 for the first time since May. Investors are concerned about the possibility of a new correction after the king cryptocurrency’s recent resistance test. If this happens, the $32,800 and $32,000 regions could be tested.[Read more…]

Crypto Market Overview The cryptocurrency market is known for its volatility, experiencing rapid highs and lows. Recent events have propelled Bitcoin past the $35,000 mark, with speculation around the approval of a spot Bitcoin ETF in the U.S. This surge has impacted other cryptocurrencies such as Solana (SOL), Ethereum (ETH), Chainlink (LINK), Dogecoin (DOGE), and[Read more…]

Crypto Market Update: Polygon and Polkadot Prices Cryptocurrency prices have retreated over the past 24 hours, with Polygon’s MATIC token and Polkadot’s DOT sliding over 6%. Bitcoin has also pulled back from Tuesday’s high as investors begin to take profits following a week of substantial gains in the market. Polygon’s MATIC Slides Over 7% MATIC[Read more…]

OpenSea Records Lowest Monthly Sales for Ethereum and Polygon NFTs in 2023 In a surprising turn of events, data from Dune Analytics has revealed a notable downturn in the monthly sales volume of Ethereum (ETH) and Polygon (MATIC) based non-fungible tokens (NFTs) on the leading marketplace, OpenSea. The decline in interest in digital collectibles has[Read more…]

In Brief The Polygon (MATIC) price has broken out from a descending resistance trendline and reclaimed the $0.60 resistance area. The weekly and daily timeframe price action is bullish. The Polygon team also announced two new upgrades this week. Despite the bullish MATIC price prediction, a close below the $0.60 horizontal resistance area will invalidate[Read more…]