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{"id":540996,"date":"2023-07-04T04:38:36","date_gmt":"2023-07-04T04:38:36","guid":{"rendered":"https:\/\/wncen.com\/?p=540996"},"modified":"2024-06-11T14:38:19","modified_gmt":"2024-06-11T14:38:19","slug":"matic-price-prediction-polygon-aim-0-80","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/matic-price-prediction-polygon-aim-0-80\/","title":{"rendered":"MATIC Price Prediction: Polygon Bulls Aim For $0.80"},"content":{"rendered":"

MATIC price is recovering from the $0.60 support zone. Polygon might rise further toward the $0.75 and $0.80 resistance levels.<\/em><\/p>\n

\n
MATIC price is attempting a recovery wave above the $0.68 resistance against the US dollar.<\/li>\n
The price is trading above $0.70 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a key declining channel with resistance near $0.650 on the 4-hour chart of the MATIC\/USD pair (data source from Kraken).<\/li>\n
The pair could continue to rise if it clears the $0.720 resistance zone.<\/li>\n<\/ul>\n
Polygon\u2019s MATIC Price Starts Recovery<\/h2>\n
After a major decline, Polygon\u2019s price found support near the $0.60 zone. MATIC traded as low as $0.600 and recently started a recovery wave.<\/p>\n
The recent gains in Ethereum<\/a> and Bitcoin<\/a> also helped altcoins such as MATIC and ADA. MATIC was able to climb above the $0.65 and $0.68 resistance levels. Besides, there was a break above a key declining channel with resistance near $0.650 on the 4-hour chart of the MATIC\/USD pair.<\/p>\n
The price is now trading above $0.70 and the 100 simple moving average (4 hours). A high is formed near $0.7205 and the price is now consolidating gains.<\/p>\n
It is well above the 23.6% trading above $0.70 and the 100 simple moving average (4 hours).. Immediate resistance is near the $0.720 level. The first major resistance is near the $0.75 level. If there is an upside break above the $0.750 resistance level, the price could continue to rise.<\/p>\n
$\"MATIC$ <\/p>\n
Source: MATICUSD on TradingView.com<\/a><\/p>\n
The next major resistance is near $0.78. A clear move above the $0.78 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $0.80 level or $0.82.<\/p>\n
Downside Correction in MATIC?<\/h2>\n
If MATIC\u2019s price fails to rise above the $0.720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.692 level.<\/p>\n
The main support is near the $0.65 level or the 50% trading above $0.70 and the 100 simple moving average (4 hours). A downside break below the $0.65 level could open the doors for a fresh decline toward $0.622. The next major support is near the $0.60 level.<\/p>\n
Technical Indicators<\/p>\n
4 hours MACD \u2013 The MACD for MATIC\/USD is gaining momentum in the bullish zone.<\/p>\n
4 hours RSI (Relative Strength Index) \u2013 The RSI for MATIC\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.692 and $0.650.<\/p>\n
Major Resistance Levels \u2013 $0.720, $0.750, and $0.800.<\/p>\n","protected":false},"excerpt":{"rendered":"
MATIC price is recovering from the $0.60 support zone. Polygon might rise further toward the $0.75 and $0.80 resistance levels. MATIC price is attempting a recovery wave above the $0.68 resistance against the US dollar. The price is trading above $0.70 and the 100 simple moving average (4 hours). There was a break above a key declining channel with resistance near $0.650 on the 4-hour chart of the MATIC\/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.720 resistance zone. Polygon\u2019s MATIC Price Starts Recovery After a major decline, Polygon\u2019s price found support near the $0.60 zone. MATIC traded as low as $0.600 and recently started a recovery wave. The recent gains in Ethereum and Bitcoin also helped altcoins such as MATIC and ADA. MATIC was able to climb above the $0.65 and $0.68 resistance levels. Besides, there was a break above a key declining channel with resistance near $0.650 on the 4-hour chart of the MATIC\/USD pair. The price is now trading above $0.70 and the 100 simple moving average (4 hours). A high is formed near $0.7205 and the price is now consolidating gains. It is well above the 23.6% trading above $0.70 and the 100 simple moving average (4 hours).. Immediate resistance is near the $0.720 level. The first major resistance is near the $0.75 level. If there is an upside break above the $0.750 resistance level, the price could continue to rise. Source: MATICUSD on TradingView.com The next major resistance is near $0.78. A clear move above the $0.78 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $0.80 level or $0.82. Downside Correction in MATIC? If MATIC\u2019s price fails to rise above the $0.720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.692 level. The main support is near the $0.65 level or the 50% trading above $0.70 and the 100 simple moving average (4 hours). A downside break below the $0.65 level could open the doors for a fresh decline toward $0.622. The next major support is near the $0.60 level. Technical Indicators 4 hours MACD \u2013 The MACD for MATIC\/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) \u2013 The RSI for MATIC\/USD is now above the 50 level. Major Support Levels \u2013 $0.692 and $0.650. Major Resistance Levels \u2013 $0.720, $0.750, and $0.800.<\/p>\n","protected":false},"author":67,"featured_media":540998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[40670,76656,79614,83584],"class_list":["post-540996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-matic","tag-maticusd","tag-maticusdt","tag-polygon"],"acf":[],"yoast_head":"\nMATIC Price Prediction: Polygon Bulls Aim For $0.80<\/title>\n<meta name=\"description\" content=\"MATIC price is recovering from the $0.60 support zone. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"MATIC Price Prediction: Polygon Bulls Aim For $0.80","url":"http:\/\/wncen.com\/news\/matic-price-prediction-polygon-aim-0-80\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/matic-price-prediction-polygon-aim-0-80\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/iStock-1358151834.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/iStock-1358151834.jpg?fit=1254%2C836"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["matic","maticusd","maticusdt","polygon"],"dateCreated":"2023-07-04T04:38:36Z","datePublished":"2023-07-04T04:38:36Z","dateModified":"2024-06-11T14:38:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"MATIC Price Prediction: Polygon Bulls Aim For $0.80\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/matic-price-prediction-polygon-aim-0-80\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/matic-price-prediction-polygon-aim-0-80\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/iStock-1358151834.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/iStock-1358151834.jpg?fit=1254%2C836\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"matic\",\"maticusd\",\"maticusdt\",\"polygon\"],\"dateCreated\":\"2023-07-04T04:38:36Z\",\"datePublished\":\"2023-07-04T04:38:36Z\",\"dateModified\":\"2024-06-11T14:38:19Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/iStock-1358151834.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/540996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=540996"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/540996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/540998"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=540996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=540996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=540996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}