{"id":558155,"date":"2023-10-30T04:58:45","date_gmt":"2023-10-30T04:58:45","guid":{"rendered":"https:\/\/wncen.com\/?p=558155"},"modified":"2024-06-11T14:30:34","modified_gmt":"2024-06-11T14:30:34","slug":"matic-price-prediction-polygon-rally-0-70","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/matic-price-prediction-polygon-rally-0-70\/","title":{"rendered":"MATIC Price Prediction: Polygon Could Blast 10% To $0.70"},"content":{"rendered":"
MATIC price is consolidating gains above the $0.58 support zone. Polygon might gain bullish momentum if it clears the $0.650 resistance zone.<\/em><\/p>\n
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MATIC price is showing positive signs below the $0.65 resistance against the US dollar.<\/li>\n
The price is trading above $0.60 and the 100 simple moving average (4 hours).<\/li>\n
There is a key contracting triangle forming with resistance near $0.640 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 $0.640 and $0.650 resistance levels.<\/li>\n<\/ul>\n
Polygon\u2019s MATIC Price Aims Higher<\/h2>\n
After forming a base above the $0.50 level, Polygon\u2019s price started a steady increase. MATIC broke many hurdles near $0.550 to move into a positive zone, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n