Is MATIC Nearing a Bottom or More Downside Ahead ?
Lower Highs & Lower Lows: The price consistently prints lower highs and lower lows, confirming a bearish structure.
The price is moving along the lower band, indicating persistent bearish pressure.
The middle band (moving average) is acting as a resistance level.
Support: Around $0.20 - $0.21 (
Key facts today
Since December 2024, Polygon (MATICUSD) has dropped over 70%. A brief rise in April 2025 was followed by a bearish trend, but early July shows some optimism.
Key stats
About POL
Polygon is a layer-2 scaling solution that “brings the world to Ethereum” — working in tandem to create a multi-chain system where developers on Ethereum can create applications and smart contracts for lower gas fees and faster speeds. Put simply, it rolls up its sleeves and sorts out a lot of Ethereum’s drawbacks — at least pre-Ethereum 2.0 — while also taking advantage of its thriving ecosystem. As a sidechain, however, it doesn’t inherit Ethereum's security. Since its inception, Polygon has attracted adopters as famous as Disney, Prada, Adidas, and Instagram. Its native token MATIC is used for governance and transaction fees within the Polygon ecosystem, while also deployed as a settlement currency between users.
Related pairs
MATICUSD Looking BullishHello,
MATICUSD appears overall bullish on the H1 timeframe. Currently, the price seems to be stretching toward the 0.2355 resistance zone, which could lead to a potential bullish pullback.
The resistance at 0.2389 appears significant, with its opposite lower highs, suggesting some attention in th
XRP, MATIC, SHIB XRP projected significantly higher after crossing "the point of no return" hitting the first target. Both MATIC and SHIB are forming patterns resembling that of XRP. I believe like XRP, MATIC and SHIB will cross "the point of no return" and hit their first targets which are their all time high's.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
POL (MATIC) reached its highest price on Dec 27, 2021 — it amounted to 2.88086 USD. Find more insights on the MATIC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
POL (MATIC) reached the lowest price of 0.09895 USD on Feb 23, 2021. View more POL dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying MATIC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade MATIC right from TradingView charts — just choose a broker and connect to your account.
You can discuss POL (MATIC) with other users in our public chats, Minds or in the comments to Ideas.