MATIChit prior resistance expecting a short ill update the tps
Its not going all the way to the reds
yet ill keep updating
MATIC trade ideas
MATIC {POLYGON} CRYPTOMatic (polygon) taking support at this level, he's moving in a channel and after taking support from there it will be happen to take best rally almost 50% before you taking your positions please get your own researches.
Matic LongLong opportunity on Matic at 6.83, This area has acted as both support and resistance in the past
Bullish on MaticMatic Market Cap could double or triple over the next 3 months
Last time historically around this mark trajectory took us too an 18BN high
At 23% from prior we see a surge too 22.68BN
I think we trend higher than that, I think Mcap taps out at $31.28 BN's by end of May
Accumulation continues to trend upwards. It's a most favourable pivot point to a higher high if you have patience for a short term bearishness.
polygon can only go up from here.As you can see Matic has been moving in a downward direction, and we have reached a point where our channel reaches its (lowest Low|) we might get a boost from the support line and we looking to reach higher highs for matic for the rest of the year.
MATIC (Polygon) Coin {Market Cap} Analysis 01/04/2022Fundamental Analysis:
MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 7,701,069,511 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.
At its initial private sale in 2017, 3.8 percent of MATIC’s max supply was issued. In the April 2019 launchpad sale, another 19 percent of the total supply was sold. The MATIC price was $0.00263 per token, and $5 million was generated.
The remaining MATIC tokens are distributed as follows:
Team tokens: 16 percent of the total supply.
Advisors tokens: 4 percent of the total supply.
Network Operations tokens: 12 percent of the total supply.
Foundation tokens: 21.86 percent of the total supply.
Ecosystem tokens: 23.33 percent of the total supply.
The current CoinMarketCap ranking is #16, with a live market cap of $12,427,307,622 USD. It has a circulating supply of 7,701,069,511 MATIC coins and a max. supply of 10,000,000,000 MATIC coins.
Technical Analysis:
There exist a Hidden Bullish Divergence of Price Value and MACD which is the Sign of Bullish Trend Continuation and development of new Cycle with new ATH.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points.
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some value correction and Reaccumulations, on its Up Formation rally.
Currently the Total Value is at 38.2% Fibonacci retracement level, it means, it has broken many resistance levels and had rechecked them backed and it has been Proved to be the support areas.
Probably we may not again see the 61.8% Fib or bellow...
50B $ is a fare target for this assets Market Capitalization.
maticbazar moje 3 khud ra takmil nakarde hanuz. va bad az takmile moje 3 currection moje 3 be surate qeimati khahadd bud va bad az an soud va takmile moje 5.
Matic bullish move.Matic is forming an Adam and eve bullish pattern and is currently retesting the pattern. If it successfully retest and bounce back then It is likely to form a new ATH by the end of December 2021.
maticusdt target 15 $ maticusdt
Target Ath : 19 $
Target 1 : 11.86 $
resistance : 10.96
Target 2 : 12.53
resistance : 11.80
Target 3 : 14.20
resistance : 13.01
