We commence to make you – jump, jump, The Mac Dad’ll make you – jump, jump, The Daddy Mac’ll make you – jump, jump, Kris Kross will make you – jump, jump... As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next...
Past Performance of Polygon Polygon found support on September 19. Prices are currently steady and at around $0.75, back in a trading range. Buyers stand a chance based on the MATIC price action in the daily chart. However, for buy trend continuation in line with gains of early Q3, prices must be firm above $0.75 and even reverse losses posted over the weekend. ...
Polygon has got the bug – regarding the green zone between $0.87 and $0.71. And just like a bug, the altcoin has been crawling above it, tipping it here and there. Although Polygon could have already finished the current movement by touching the green zone, we expect it to scramble a bit deeper still to complete wave 4 in green. Afterwards, the altcoin should flap...
Past Performance of Polygon Polygon is steady when writing, adding seven percent on the last trading day and down 14 percent week-to-date. In a bear breakout below a bull flag, sellers have the upper hand and appear determined to reverse gains of the first half of last week. Per the formation in the daily chart, MATIC prices will likely drop to $0.70 in a retest...
Past Performance of Polygon Polygon prices are overly stable, trading inside a broader $0.22 trade range clear in the daily chart. While traders expect more gains in the days ahead, the failure of bulls to clear above $0.67, a multi-week liquidation level, could slow down the uptrend in the short term. #Polygon Technical Analysis The primary liquidation level...
After completing wave 2 in green in the green zone between $0.44 and $0.42, Polygon has proceeded to battle its way upwards. If it can keep up this drive, it should soon make it above the resistance at $0.62, which would then augur well for further ascent.
Fundamentals: Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains...
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Polygon ( MATICUSD ). Polygon price has been on a downward trend with the price recently narrowing into the apex of a triangle. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas...
In short term, it is the end of the C. so it might do a rally->1-2-3-4-5 But the ABC pattern on the big picture seems inevitable. My guess is it will drop soon in the next 30 days.
Polygon has to make a decision: Where will it go after skidding down to the $2 mark? There are two equally attractive possibilities, well almost: There is a 45% change that it could head back home and fall under its support line at $1.44. At this point, it should hole up even more deeply below $1 and take a holiday at the yellow beach strip between $0.328 and...
Goodmorning from the coldy Amsterdam. I love this project of Polygon.. And I believe that ZK rollups will be the next narrative. Either way when looking at the chart we see price battling the ATH. What are the chances of the price breaking the ATH now? It still can be definitely but the chances are 60-40 now.. If you want to have an idea of what the bars at...
Hello everyone , as we all know the market action discounts everything :) We are gonna look at a 1D chart and gonna use technical analysis tool to understand the MATIC (Polygon) movement . Matic (Polygon) seems to enter a bearish trend , the crypto has lost over -5.99% in the last 24 hours and -23.87% in the last week alone , now if we look at the 1D chart we...