{"id":598218,"date":"2025-03-17T06:51:30","date_gmt":"2025-03-17T06:51:30","guid":{"rendered":"https:\/\/wncen.com\/?p=598218"},"modified":"2025-03-17T06:51:30","modified_gmt":"2025-03-17T06:51:30","slug":"matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","title":{"rendered":"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch"},"content":{"rendered":"

MATIC, the native token of the Polygon network<\/a>, has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours as the general cryptocurrency market continues to grapple with a cloud of negative sentiment.<\/span><\/p>\n

Fortunately, the latest on-chain analysis has revealed the important levels that investors should look out for following the latest decline in the MATIC price.<\/span><\/p>\n

Over 10,900 Addresses Bought 600 Million Polygon Tokens At This Price<\/span><\/h2>\n

According to a recent post on X<\/a> by crypto pundit Ali Martinez, the price of MATIC has established a key support around its current price point. This evaluation is based on analytics firm IntoTheBlock\u2019s on-chain data, which tracks the average acquisition price for any given wallet address.<\/span><\/p>\n

\"MATIC\"<\/p>\n

 <\/p>\n

The distribution of the Polygon token supply across various price ranges | Source: Ali_charts\/X<\/a><\/span><\/pre>\n
Above is the chart highlighted by Martinez<\/a> that shows the distribution of the Polygon token supply across various price ranges. The size of the dots in the chart represents the magnitude of coins purchased around the corresponding price range.<\/span><\/p>\n
Related Reading: Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000<\/a><\/div>\n
Most notably, over 10,900 wallet addresses bought a whopping 608 million MATIC around the $1.02 and $1.05 zone. According to the crypto analyst, this massive buying activity has supported the establishment of crucial support around this price region.<\/span><\/p>\n
\n
#Polygon<\/a> has found crucial support between $1.02 and $1.05, supported by 10,900 addresses holding around 608 million #MATIC<\/a>. Should this support falter, the next essential demand zone lies near $0.91, where 35,700 addresses collectively hold 394.6 million $MATIC<\/a>. pic.twitter.com\/rLn4ymcQf7<\/a><\/p>\n
\u2014 Ali (@ali_charts) March 16, 2024<\/a><\/p><\/blockquote>\n
While the large size of the dot reflects the strength of this particular level, sustained bearish pressure could cause the price of MATIC to breach<\/a> and fall beneath this support. In this case, investors could see the cryptocurrency drop to around $0.91.<\/span><\/p>\n
This makes the $0.89 and $0.92 price range another level to watch, as it represents the next vital support area, where 35,680 wallet addresses purchased nearly 400 million Polygon tokens.<\/span><\/p>\n
MATIC Price Overview<\/span><\/h2>\n
As of this writing, the price of MATIC<\/a> stands at $1.04, reflecting an 8% decline in the past 24 hours. This price dip comes after the altcoin printed a multi-month high of $1.28 on Thursday, March 14.<\/span><\/p>\n
According to data from CoinGecko, the Polygon coin has suffered a 9.7% price slump in the last seven days. From a broader perspective, though, the cryptocurrency has had a fairly positive performance in the past month.<\/span><\/p>\n
Related Reading: XRP Records Massive 80% Surge In Trading Volume \u2013 Can Price Reach A New ATH?<\/a><\/div>\n
With a market capitalization of more than $9.7 billion, the MATIC token ranks as the 18th-largest cryptocurrency in the sector.<\/span><\/p>\n
\"MATIC\"<\/p>\n
MATIC price finds support around $1.04 on the daily timeframe | Source: MATICUSDT chart on TradingView<\/a><\/span><\/pre>\n
Featured image from Getty Images, chart from TradingView<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"
MATIC, the native token of the Polygon network, has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours as the general cryptocurrency market continues to grapple with a cloud of negative sentiment. Fortunately, the latest on-chain analysis has revealed the important levels that investors should look out for following the latest decline in the MATIC price. Over 10,900 Addresses Bought 600 Million Polygon Tokens At This Price According to a recent post on X by crypto pundit Ali Martinez, the price of MATIC has established a key support around its current price point. This evaluation is based on analytics firm IntoTheBlock\u2019s on-chain data, which tracks the average acquisition price for any given wallet address.   The distribution of the Polygon token supply across various price ranges | Source: Ali_charts\/X Above is the chart highlighted by Martinez that shows the distribution of the Polygon token supply across various price ranges. The size of the dots in the chart represents the magnitude of coins purchased around the corresponding price range. Related Reading: Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000 Most notably, over 10,900 wallet addresses bought a whopping 608 million MATIC around the $1.02 and $1.05 zone. According to the crypto analyst, this massive buying activity has supported the establishment of crucial support around this price region. #Polygon has found crucial support between $1.02 and $1.05, supported by 10,900 addresses holding around 608 million #MATIC. Should this support falter, the next essential demand zone lies near $0.91, where 35,700 addresses collectively hold 394.6 million $MATIC. pic.twitter.com\/rLn4ymcQf7 \u2014 Ali (@ali_charts) March 16, 2024 While the large size of the dot reflects the strength of this particular level, sustained bearish pressure could cause the price of MATIC to breach and fall beneath this support. In this case, investors could see the cryptocurrency drop to around $0.91. This makes the $0.89 and $0.92 price range another level to watch, as it represents the next vital support area, where 35,680 wallet addresses purchased nearly 400 million Polygon tokens. MATIC Price Overview As of this writing, the price of MATIC stands at $1.04, reflecting an 8% decline in the past 24 hours. This price dip comes after the altcoin printed a multi-month high of $1.28 on Thursday, March 14. According to data from CoinGecko, the Polygon coin has suffered a 9.7% price slump in the last seven days. From a broader perspective, though, the cryptocurrency has had a fairly positive performance in the past month. Related Reading: XRP Records Massive 80% Surge In Trading Volume \u2013 Can Price Reach A New ATH? With a market capitalization of more than $9.7 billion, the MATIC token ranks as the 18th-largest cryptocurrency in the sector. MATIC price finds support around $1.04 on the daily timeframe | Source: MATICUSDT chart on TradingView Featured image from Getty Images, chart from TradingView<\/p>\n","protected":false},"author":590,"featured_media":549271,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[86487],"tags":[87818,40670,86442,79614,86787],"class_list":["post-598218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matic","tag-ali-martinez","tag-matic","tag-matic-price","tag-maticusdt","tag-polygon-matic"],"acf":[],"yoast_head":"\nMATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch<\/title>\n<meta name=\"description\" content=\"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.\" \/>\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\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch\" \/>\n<meta property=\"og:description\" content=\"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-17T06:51:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Opeyemi Sule\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/fwOpeyemi\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Opeyemi Sule\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\"},\"author\":{\"name\":\"Opeyemi Sule\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\"},\"headline\":\"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch\",\"datePublished\":\"2025-03-17T06:51:30+00:00\",\"dateModified\":\"2025-03-17T06:51:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\"},\"wordCount\":443,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500\",\"keywords\":[\"Ali Martinez\",\"MATIC\",\"MATIC Price\",\"maticusdt\",\"Polygon (MATIC)\"],\"articleSection\":[\"MATIC\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\",\"url\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\",\"name\":\"MATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500\",\"datePublished\":\"2025-03-17T06:51:30+00:00\",\"dateModified\":\"2025-03-17T06:51:30+00:00\",\"description\":\"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500\",\"width\":750,\"height\":500,\"caption\":\"Ethereum Price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\",\"name\":\"Opeyemi Sule\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"caption\":\"Opeyemi Sule\"},\"description\":\"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227\",\"https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi\"],\"url\":\"https:\/\/wncen.com\/author\/oluwatosino\/\"}]}<\/script>\n","yoast_head_json":{"title":"MATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch","description":"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","og_locale":"en_US","og_type":"article","og_title":"MATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch","og_description":"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.","og_url":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2025-03-17T06:51:30+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg","type":"image\/jpeg"}],"author":"Opeyemi Sule","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/fwOpeyemi","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Opeyemi Sule","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/"},"author":{"name":"Opeyemi Sule","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8"},"headline":"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch","datePublished":"2025-03-17T06:51:30+00:00","dateModified":"2025-03-17T06:51:30+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/"},"wordCount":443,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500","keywords":["Ali Martinez","MATIC","MATIC Price","maticusdt","Polygon (MATIC)"],"articleSection":["MATIC"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","url":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","name":"MATIC Price Slumps 10% Amidst Market Downturn - Here Are Key Levels To Watch","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500","datePublished":"2025-03-17T06:51:30+00:00","dateModified":"2025-03-17T06:51:30+00:00","description":"MATIC has witnessed a significant decline in its value. It has fallen by more than 10% in the past week and 8% in less than 24 hours.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500","width":750,"height":500,"caption":"Ethereum Price"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8","name":"Opeyemi Sule","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","caption":"Opeyemi Sule"},"description":"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.","sameAs":["https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227","https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi"],"url":"https:\/\/wncen.com\/author\/oluwatosino\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch","url":"http:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/matic\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500"},"articleSection":"MATIC","author":[{"@type":"Person","name":"Opeyemi Sule"}],"creator":["Opeyemi Sule"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ali martinez","matic","matic price","maticusdt","polygon (matic)"],"dateCreated":"2025-03-17T06:51:30Z","datePublished":"2025-03-17T06:51:30Z","dateModified":"2025-03-17T06:51:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"MATIC Price Slumps 10% Amidst Market Downturn – Here Are Key Levels To Watch\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/matic\\\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/matic\\\/matic-price-slumps-10-amidst-market-downturn-here-are-key-levels-to-watch\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/istockphoto-624206236-612x612-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500\"},\"articleSection\":\"MATIC\",\"author\":[{\"@type\":\"Person\",\"name\":\"Opeyemi Sule\"}],\"creator\":[\"Opeyemi Sule\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ali martinez\",\"matic\",\"matic price\",\"maticusdt\",\"polygon (matic)\"],\"dateCreated\":\"2025-03-17T06:51:30Z\",\"datePublished\":\"2025-03-17T06:51:30Z\",\"dateModified\":\"2025-03-17T06:51:30Z\"}<\/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\/08\/istockphoto-624206236-612x612-1.jpg?fit=750%2C500","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/598218"}],"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\/590"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=598218"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/598218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/549271"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=598218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=598218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=598218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}