Polygon Seen Breaching $1 This Week \u2013 Can MATIC Start An Uptrend?<\/title>\n<meta name=\"description\" content=\"Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108%\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polygon Seen Breaching $1 This Week \u2013 Can MATIC Start An Uptrend?\" \/>\n<meta property=\"og:description\" content=\"Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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{"id":498966,"date":"2022-08-17T00:31:10","date_gmt":"2022-08-17T00:31:10","guid":{"rendered":"https:\/\/wncen.com\/?p=498966"},"modified":"2022-08-17T00:31:10","modified_gmt":"2022-08-17T00:31:10","slug":"polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\/","title":{"rendered":"Polygon Seen Breaching $1 This Week \u2013 Can MATIC Start An Uptrend?"},"content":{"rendered":"

Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days.<\/span><\/em><\/p>\n

\n
Polygon price is seen to generate massive gains at 108%<\/span><\/li>\n
MATIC price shoots close to a critical level that bulls are eyeing to test<\/span><\/li>\n
Set your eye on this critical level to catch the uptrend<\/span><\/li>\n<\/ul>\n
MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin\u2019s price to $2.<\/span><\/p>\n
With that being said, MATIC is set to make as much as 100% of gains in the next couple of months. <\/span><\/p>\n
The token’s price open this week close to a key level as Sunday\u2019s price rally allows the coin to hover close to the $1 range which is pivotal in the next trading sessions.<\/span><\/p>\n
Related Reading: XRP Sluggish At Resistance \u2013 Will It Break Out After 2 Months Of Vertigo?<\/a><\/div>\n
MATIC To Breach The $1 Mark?<\/b><\/h2>\n
The $1.1 mark is crucial once the bulls start to trade in that level or breach the 200-day SMA. Once that is broken, this will indicate the end of crypto winter and that the bulls can rally further toggling on a longer-term upswing.<\/span><\/p>\n
For that to happen, MATIC price will have to breach above the 200-day SMA and swerve past a rejection spotted at a monthly resistance level of $1.14. <\/span><\/p>\n
If the bulls manage to steer clear of that and end the week at a range above the key resistance of $1.14, then that would be the day.<\/span><\/p>\n
They can can avoid and close the week above $1.14, then this signals a looming uptrend that is considered as a huge bearish event, especially with the Fed rate decision still a month away. <\/span><\/p>\n
If they manage to play by the book then that would mean 108% in total gains.<\/span><\/p>\n
Polygon Bears Pushing Back Price To $0.44<\/b><\/h2>\nAccording to<\/span> CoinMarketCap<\/span><\/a>, MATIC is down by 1.40% or currently trading at $0.9525 as of this writing. And it seems now the bears are regaining traction.<\/span><\/p>\n
With the elements in order, a rejection may be nearby and hint a next crypto winter cycle. The rejection is seen to be at $0.80 below the 55-day SMA. <\/span><\/p>\n
Should bears regain power, MATIC price is at risk of losses at 55% and the price pushed back to $0.44.<\/span><\/p>\n
MATIC was able to peak at $2.9 in December 2021. But, when the crypto winter starts rolling, MATIC was among the first ones to crash hard and has even lost as much as 88% or a plunge to $0.34.<\/span><\/p>\n
When the crypto market kickstarts its recovery phase, MATIC soars by a whopping 200% in a matter of two months reaching $1. <\/span><\/p>\n
The next critical price to target is now $2 which can happen if MATIC manages to jump over the resistance set at $1.35 and $1.8.<\/span><\/p>\n
Related Reading: Dogecoin Ready For 4th Straight Week Of Gains \u2013 Even Without Elon Musk\u2019s Backing<\/a><\/div>\n
<\/p>\n
MATIC total market cap at $7.4 billion on the daily chart | Source: TradingView.com<\/a>\r\n\r\nFeatured image from CoinCu News, chart from TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108% MATIC price shoots close to a critical level that bulls are eyeing to test Set your eye on this critical level to catch the uptrend MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin\u2019s price to $2. With that being said, MATIC is set to make as much as 100% of gains in the next couple of months. The token’s price open this week close to a key level as Sunday\u2019s price rally allows the coin to hover close to the $1 range which is pivotal in the next trading sessions. Related Reading: XRP Sluggish At Resistance \u2013 Will It Break Out After 2 Months Of Vertigo? MATIC To Breach The $1 Mark? The $1.1 mark is crucial once the bulls start to trade in that level or breach the 200-day SMA. Once that is broken, this will indicate the end of crypto winter and that the bulls can rally further toggling on a longer-term upswing. For that to happen, MATIC price will have to breach above the 200-day SMA and swerve past a rejection spotted at a monthly resistance level of $1.14. If the bulls manage to steer clear of that and end the week at a range above the key resistance of $1.14, then that would be the day. They can can avoid and close the week above $1.14, then this signals a looming uptrend that is considered as a huge bearish event, especially with the Fed rate decision still a month away. If they manage to play by the book then that would mean 108% in total gains. Polygon Bears Pushing Back Price To $0.44 According to CoinMarketCap, MATIC is down by 1.40% or currently trading at $0.9525 as of this writing. And it seems now the bears are regaining traction. With the elements in order, a rejection may be nearby and hint a next crypto winter cycle. The rejection is seen to be at $0.80 below the 55-day SMA. Should bears regain power, MATIC price is at risk of losses at 55% and the price pushed back to $0.44. MATIC was able to peak at $2.9 in December 2021. But, when the crypto winter starts rolling, MATIC was among the first ones to crash hard and has even lost as much as 88% or a plunge to $0.34. When the crypto market kickstarts its recovery phase, MATIC soars by a whopping 200% in a matter of two months reaching $1. The next critical price to target is now $2 which can happen if MATIC manages to jump over the resistance set at $1.35 and $1.8. Related Reading: Dogecoin Ready For 4th Straight Week Of Gains \u2013 Even Without Elon Musk\u2019s Backing MATIC total market cap at $7.4 billion on the daily chart | Source: TradingView.com Featured image from CoinCu News, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":498967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,86487],"tags":[1144,65296,8686,40670,86442,76656,79614,83584],"class_list":["post-498966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-matic","tag-btcusd","tag-ethbtc","tag-ethusd","tag-matic","tag-matic-price","tag-maticusd","tag-maticusdt","tag-polygon"],"acf":[],"yoast_head":"\nPolygon Seen Breaching $1 This Week \u2013 Can MATIC Start An Uptrend?<\/title>\n<meta name=\"description\" content=\"Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Polygon Seen Breaching $1 This Week \u2013 Can MATIC Start An Uptrend?","url":"http:\/\/wncen.com\/news\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/Polygon-3.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/Polygon-3.png?fit=826%2C576"},"articleSection":"MATIC","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","ethbtc","ethusd","matic","matic price","maticusd","maticusdt","polygon"],"dateCreated":"2022-08-17T00:31:10Z","datePublished":"2022-08-17T00:31:10Z","dateModified":"2022-08-17T00:31:10Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Polygon Seen Breaching $1 This Week \\u2013 Can MATIC Start An Uptrend?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/polygon-seen-breaching-1-this-week-can-matic-start-an-uptrend\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Polygon-3.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Polygon-3.png?fit=826%2C576\"},\"articleSection\":\"MATIC\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"ethbtc\",\"ethusd\",\"matic\",\"matic price\",\"maticusd\",\"maticusdt\",\"polygon\"],\"dateCreated\":\"2022-08-17T00:31:10Z\",\"datePublished\":\"2022-08-17T00:31:10Z\",\"dateModified\":\"2022-08-17T00:31:10Z\"}<\/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\/2022\/08\/Polygon-3.png?fit=826%2C576","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/498966"}],"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\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=498966"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/498966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/498967"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=498966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=498966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=498966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}