In this episode of NewsBTC’s daily technical analysis videos we are looking at MATIC following a more than 10% intraday move on the back of the announcement that META would use Polygon for Instagram NFTs. Take a look at the video below: VIDEO: Polygon Price Analysis (MATICUSD): November 3, 2022 MATIC Gives Golden Cross Signal…
Matic Network (MATIC), a popular altcoin, has surged 9% in the past 24 hours. The asset’s strong price performance comes in spite of Bitcoin and Ethereum stagnating, giving altcoins the opportunity to break higher. While the ongoing move is nascent, analysts are optimistic about MATIC’s long-term price prospects. These analysts cite technical factors and the…
While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. This means the asset is outpacing BTC by 13.9% and ETH by 13.7%. Analysts expect more upside for the…