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MATIC Buy Trade Blueprint: Seizing the Moment for Maximum Gains ## Polygon (MATIC) Recent News and Disclaimer: **Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. **Recent News:** * **February 17, 2024:** Polygon zkEVM mainnet beta launch announced, enabling faster and cheaper transactions on the Ethereum network. * **February 15, 2024:** Polygon Studios announces $100 million Web3 gaming fund to support game developers building on Polygon. * **February 14, 2024:** Decentralized exchange SushiSwap migrates to Polygon, bringing increased liquidity and trading volume. * **February 9, 2024:** Polygon partners with Mastercard to enable seamless fiat-to-crypto payments for millions of users. * **February 7, 2024:** Polygon integrates with Chainlink Price Feeds, providing secure and reliable price data for DeFi applications. **Overall Sentiment:** The recent news around Polygon has been positive, with several major partnerships and developments announced. This has led to increased investor interest and a rise in the price of MATIC. However, it is important to remember that the cryptocurrency market is volatile and past performance is not indicative of future results. **Additional Notes:** * Polygon is a Layer 2 scaling solution for the Ethereum network, aiming to address Ethereum's scalability issues. * MATIC is the native token of the Polygon network, used for gas fees and network governance. * The current price of MATIC is around $1.10 (as of February 19, 2024). I hope this information is helpful. Please let me know if you have any other questions.
MLong
by MoonTradingForecast
MATIC Polygon Price TargetIf you haven`t sold MATIC when Robinhood delisted it: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm. This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days. My Price Target for MATIC is the next resistance, $0.92.
MLong
by TopgOptions
MATIC ANALYSIS🔮 #MATIC Analysis —— BREAKOUT 🚀🚀 💲💲 #MATIC was trading in a Symmetrical Triangle Pattern, gives a perfect breakout in weekly time frame as we expected, which indicates a bullish price movement for long term. 📈📈 💸Current Price -- $0.9410 📈Target Price -- $1.5072 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #MATIC #Cryptocurrency #Breakout #DYOR
MLong
by ZEUS_Market_Alerts
MATICUSDT-A MASSIVE TRIANGLE THAT WILL LEAD TO AN EXPLOSIVE MOVEHello global traders and investors! A brief overview of the MATICUSDT price chart reveals over 750 days of sideways movement since the peak in December 2021, forming an Elliott Wave Triangle(contracting) Pattern. The Elliott Wave Triangle, a corrective pattern, features converging trendlines forming a contracting shape. Comprising five labeled waves (A, B, C, D, and E), each wave is subdivided into three smaller waves. Triangles usually appear in the fourth wave of an impulse or wave B of an ABC zigzag. Future Price Action A breach above the (d) triangle extreme at 1.0930 indicates the pattern's conclusion. The post-triangle thrust measurement suggests a potential price movement to $6.5 in the upcoming weeks. As always if you find this analysis helpful, please don't forget to leave a like, comment and hit the follow button. Till next time, trade safe and may the market favor you
M
by maonimisi
2
MATIC BREAKING OUT?Matic remains one of my largest positions, which I have traded around for the past few years. It may be time to add to the holdings once again. This is a WEEKLY chart, so we want to see a close above the descending resistance. A few weeks ago we saw two wicks through this line, which we want to avoid here. As you can see, price has also cleared both the 50 MA and 200 MA resistances as well. With a close above resistance, I am looking for a slow move to around $1.56. A “safer” entry would be above the 97 cent resistance.
MLong
by ScottMelker
4
⚫️$MATICUSDT WEEKLY A symmetrical Triangle formation is seen on #MATIC and an immediate SUPPORT around $0.75 - $0.81 and also a RESISTANCE above $0.9. It looks very interesting, post early January fall of -30% #MATICUSDT has regained around 32.41% and is currently trading at $0.8875. In any case, the resistance at $0.9 has to be broken above to show more gains for #MATIC and the next confirmation has to be the breakout of the Symmetrical Triangle! Let's hope for the best and plan for the worst!! Hit 🚀 if you guys want more Crypto Pairs analysis. #maticusdt #crypto #marketpdates #thesoumyoroyanalysis
M
by THESOUMYOROY
MATIC/USDT Nearing a Crucial Resistance Eyes on the Next Step?💎 Paradisers, get ready for an exciting development with MATICUSDT as it edges closer to a pivotal resistance, hinting at potential upcoming actions. 💎 Observing POLYGON recent patterns, we've noticed a recurring price action. Currently, it's mirroring past behaviors, and if it honors the resistance at $0.9584, we might see a retreat to the support level of $0.7216. 💎 Should the price hit the support at $0.7216, there's a strong chance for a significant bullish push towards the formidable resistance at $1.0970. However, a loss of steam at $0.7216 could trigger a bullish recovery from the deeper support at $0.6594.
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by MyCryptoParadise
1