Polygon (MATIC) holds the 15th position on CoinGecko right now. MATIC price prediction 2022 is explained below with a weekly time frame.
The above chart of Polygon (MATIC) laid out a Rising Wedge pattern. A rising wedge is sometimes regarded as a bearish chart pattern that suggests a trend reversal following a bull run. A rising wedge is said to indicate a potential negative breakthrough. The pattern, like previous wedges, widens near the bottom and then contracts as the price rises and the trading range gets smaller.
Currently, Polygon (MATIC) is in the range of $0.8973 If the pattern continues, the price of MATIC might reach the support levels of 0.745.If the trend reverses, then the price of MATIC may rise to $1.0521