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Polygon Token (MTC)

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MTCUSD trade ideas

Will MATIC Price Float Above $0.60? MATIC price has experienced a sharp 9.14% fall in market value. The price has broken below the $0.60 mark, reverting from the resistance trendline. A sudden increase in selling pressure caused MATIC to fall under the $0.65 mark, approaching $0.60. Intraday trading volume spike intensified a 5.97% drop last night, followed by a 3.02% fall today, challenging the $0.60 support zone. Technical indicators like MACD and RSI support the ongoing bearish trend, with no signs of a bullish crossover. The solid bullish dominance at the $0.60 support zone might absorb the selling pressure, making it a potential entry spot for buyers. A bullish reversal could lead MATIC to the 50-day EMA near $0.70, while a drop below $0.60 may test the psychological mark of $0.50.
COINBASE:MATICUSD
by Coinpedia-Market-Insight
Will This Wedge Breakout Boost MATIC Price By 20%?Wedge Breakout: MATIC price shows a bullish breakout from a falling wedge pattern, indicating potential growth. 24-Hour Jump: The Polygon coin price has increased by 4.54% in the last 24 hours. 20% Growth Projection: A bounce from $0.65 could lead to a 20% increase in MATIC coin price. Rejection at $0.85: Extensive selling pressure at this price led to a falling wedge pattern and a 22.60% discount to $0.65. Recovery from $0.65: MATIC price bottoms out at $0.65, marking a 4.78% recovery. Bullish Reversal: A morning star pattern at $0.65 indicates a bullish reversal, potentially challenging resistance at $0.7160. Positive Technical Indicators: MACD and RSI indicators support the recovery rally, with signs of a bullish crossover and uptick. Potential Breakout Rally: Trapped momentum from the wedge pattern may fuel a rally, possibly breaking the $0.85 swing high. Risk of Early Reversal: If MATIC prices fall below $0.65, the market value could drop by 7.39% to $0.60.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
MATIC Set For A New Price Dump? Matic increase this place a solid support train line in action in the four-hour chart. The recent correction under the influence of a new resistance trendline has resulted in a decline of 21% since 13 July. These trendlines form a symmetrical triangle. Currently, the polygon prices are the support trendline after dropping below the crucial support level of 0.7160. Additionally the selling pressure seems pretty evident with the ongoing correction phase and the rise in trading volume. As per the EMAs, a potential death cross is seemingly inevitable. The RSI indicator is in the oversold zone projecting an extra bull cycle within the triangle before any decisive moves. A bullish breakout can reach the $0.7990 swing high. However, a bearish breakdown will prove catastrophic for the polygon investors as the prices can dump by 13.76% to $0.60 At present, the price is within no-trade zone, and traders should wait for a decisive breakout.
COINBASE:MATICUSDShort
by Coinpedia-Market-Insight
✴️ Polygon's (MATIC) Long-Term Target Mixed ($4.84 or $7.64)✔️ Let's start with the good news, the last 4 sessions MATICUSD closed green, that's an entire month growing... Great. ✔️ Higher highs and higher lows since June 2022, that's an entire year growing... Awesome. The next All-Time High for this Altcoin is a bit mixed. We got two numbers one being between $4-$5 and the other one being $7.6. We are going with the latter one, this is a prediction for the next Cryptocurrency bull-market peak. Polygon (MATICUSD) can hit around $7.6 or around 8X (800%+) growth from the current price. This can obviously change and is not set in stone. But that's my prediction for the long-term future. Feel free to share yours. Namaste.
CRYPTO:MATICUSDLong
by AlanSantana
2
✴️ Polygon With 6X Leverage (Experienced Traders/Adults Only)I am feeling kind of certain about the current condition of the Cryptocurrency market. How about you, how are you feeling? Leveraged trading is for experienced traders only or whomever wants to trade of course. This is high risk and can result in liquidation and all money lost. If you don't know what you are doing, if you can't take a loss, please stay away. With that said, let me show you my latest trade. 
========= LONG MATICUSDT Leverage: 6X Buy-in: $0.6500 - $0.6700 Targets: 1) $0.7410 2) $0.7800 3) $0.8700 4) $0.9620 5) $1.1111 6) $1.2300 7) $1.4750 8) $1.6500 Stop-loss: Close daily below $0.6300 Potential profits: 900% Capital allocation: 3% ========= Thank you for your continued support. Namaste.
CRYPTO:MATICUSDLong
by AlanSantana
20
Polygon is going to stay sideways and boring-Since 2021 if you have bought this coin and have not let go.. welcome to the sideways club because this coin has been on a rollercoaster of gains and declines inside this massive triangle that has formed. Triangle's can be very annoying if you do not like to trade them that is why we have angry emoji!!!! This coin should stay sideways for the coming future so if you are looking to get in at a price in this range you should be able too. I believe once this triangle is broke we should reach new Highs...
COINBASE:MATICUSD
by UnknownUnicorn910751
✴️ Polygon | One Of The Strongest AltcoinsMATICUSD is definitely one of the strongest Altcoins we've seen so far. Even though this Altcoin project was mentioned in the SEC lawsuit, it remains trading within a higher low compared to last year and this at a much higher price, 50% higher than the June 2022 low. And so we have a long-term higher low with a very strong long-term hidden bullish divergence on the RSI. The hidden bullish divergence happens when the pair, MATICUSD in this case, produces a higher low yet the RSI produces a lower low. Even though there can be additional correction short-term the probabilities favor the bulls. This is going up regardless... If not within days, maximum weeks. That is what the chart is saying. Namaste.
CRYPTO:MATICUSDLong
by AlanSantana
1
MATICUSD is rebounding on a 2.5 year old Support!Polygon / MATICUSD almost hit the Rising Support that goes back all the way to January 2021 and is now rebounding. This is perfectly viewed on the 1week time frame where the price hit the 1week MA200. As the 1day RSI is also rebounding, a crossing over the MA line, will confirm the bullish trend, like it did on July 4th 2022. Buy and target the 1day MA100 on the medium term at 1.1500. Follow us, like the idea and leave a comment below!!
CRYPTO:MATICUSDLong
by TheCryptagon
5