MATIC, the native token of the Polygon network, has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours as the general cryptocurrency market continues to grapple with a cloud of negative sentiment. Fortunately, the latest on-chain analysis has revealed…
May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Despite Polygon’s countless innovative partnerships and bullish news events, its native token remained…
Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market…
MATIC rallies with high volume as price breaks above $1 after a while as bulls eyes $1.3. MATIC’s price, both on chart and on-chain, shows how it has had a fair share of the bear market and would continue to bloom. DOGE’s price remains strong on the daily timeframes as the price trades above the…
MATIC’s price needs to stay above $1 for the price to have a chance to rally high to a region of $1.5. MATIC’s price continues to trend, creating a more bullish bias as the price aim for $1.5, where the price could face resistance. MATIC’s price remains strong, holding key support on the daily timeframes…
Polygon’s MATIC has struggled to keep its weekly gains despite the entire crypto market trading in the red zone. The crypto market plunged into an endless decline yesterday after FTX’s acquisition by Binance was made known. The FTX saga has shaken many crypto investors for days due to rumors that the platform had liquidity issues.…
MATIC rallies with high volume as price breaks above $1 after a while as bulls eyes $1.3. MATIC’s price, both on chart and on-chain, shows how it has had a fair share of the bear market and would continue to bloom. DOGE’s price remains strong on the daily timeframes as the price trades above the…
MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. Related…
MATIC price started a major decline from the $1.00 resistance zone. Polygon bears are in control and might aim more losses towards $0.70 in the near term. MATIC price started a major decline from well above $0.95 against the US dollar. The price is trading below $0.85 and the 100 simple moving average (4-hours). There…
Polygon’s native token, MATIC, has experienced a notable disparity compared to the broader cryptocurrency market. Unlike the top cryptocurrencies that have posted double-digit gains year-to-date, MATIC has failed to post positive performance across all time frames since the 2021 bull run. Adding to the concern, MATIC’s price has recorded losses amounting to 16.5% over the…