MATIC - The one token to avoid in 2024Last year I wrote the idea:
“MATIC - The one token not to hold in 2023”
It was not a popular opinion. Link to idea below. At the time price action was at 97 cents. Down 13% currently in what was arguably one of the most bullish years for markets those past 30 years.
What of 2024? Nothing good. A
#MATIC/USDT#MATIC
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the 100 moving average again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower
Matic On the daily time frameThe probability of price correction in this currency in the current situation is greater than its price growth.
Polygon (POL ex-MATIC) gets increased accumulation: $1 soon?The Polygon token has reclaimed its position in the top 30 cryptocurrencies with a weekly price surge of ~50%. With this, this Ethereum-based Layer-2 altcoin is regaining momentum and preparing itself to achieve a multi-year high this bull run. We at CoinPedia have created an in-depth Polygon price
MATICUSDTAccording to the supply and demand levels, the probability of reaching targets one and two is less than 6 in my opinion
Will #MATICUSDT Bounce Back or Dive Further? Key Levels to WatchYello, Paradisers! Is #MATICUSDT gearing up for a breakout, or are we staring at another downward spiral? Let's take a look at the #Polygon's latest analysis:
💎Currently, #MATIC is holding steady within a key support range of $0.337-$0.355, a zone that has proven resilient against downward pressure
MATIC/USDT (VERY Important Update)I previously shared an analysis for MATIC, and now I’m updating it. The reason for MATIC's price rising while the market volume is decreasing is due to the dominance of the wedge pattern. The chart I’ve shared should not be overlooked at this point. The invalidation level for this Elliott wave count
MATIC/USDT (UPDATE)It’s a low time frame count for Matic, providing an updated perspective on what I shared a few days ago.
MATIC/USDTMATIC is behaving similarly to DOT, and a similar structure can be considered as the main scenario for this coin as well. This is not financial advice.
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Frequently Asked Questions
The current price of MATIC Network / TetherUS (MATIC) is 0.5418 USDT — it has fallen −2.97% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing MATIC price chart.
MATIC Network / TetherUS price has fallen by −2.36% over the last week, its month performance shows a 34.50% increase, and as for the last year, MATIC Network / TetherUS has decreased by −32.40%. See more dynamics on MATIC price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
MATIC Network / TetherUS (MATIC) reached its highest price on Feb 16, 2023 — it amounted to 2.7500 USDT. 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.
MATIC Network / TetherUS (MATIC) reached the lowest price of 0.2870 USDT on Nov 4, 2024. View more MATIC Network / TetherUS 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.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for MATIC Network / TetherUS (MATIC): today its technical analysis shows the sell signal, and according to the 1 week rating MATIC shows the neutral signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in MATIC Network / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
MATIC Network / TetherUS (MATIC) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, MATIC Network / TetherUS is estimated as 5.77% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about MATIC Network / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss MATIC Network / TetherUS (MATIC) with other users in our public chats, Minds or in the comments to Ideas.