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Polygon: The Token of Choice for Institutions !MATICUSDT is showing strong signs of bullish momentum and has the potential to reach significant new highs in the coming months. Here are some of the key factors that support this bullish outlook: MATICUSDT is breaking out of a long-term consolidation pattern. This suggests that the bulls are in control and that the price is likely to continue to move higher. MATICUSDT is trading above all of its major moving averages. This is a classic sign of a bull market. MATICUSDT is benefiting from strong fundamentals. Polygon is a leading Layer 2 scaling solution for Ethereum, and it is experiencing rapid growth in adoption. Based on these factors, I believe that MATICUSDT is a good investment for the long term. Here are some specific price targets to watch for: Downside target: $0.69 Upside target: $ 1.69 Fair Value: $1.00 Please note that this is not financial advice and you should always do your own research before making any investment decisions. I hope this information is helpful. Please let me know if you have any other questions.
BINANCE:MATICUSDLong
by SabahEquityResearch
3
Will MATIC Make A Comeback To $1? Triangle Breakout: RUNE price completes a bullish reversal, touching $6.5 after a triangle breakout rally. Triple White Soldier: The daily chart reveals a triple white soldier pattern in the RUNE price action. $10 Rally Potential: A breakout beyond $6.5 could trigger a rapid rally for RUNE, setting sights on the $10 mark. Top Performer: Among this week's top performers, Thorchain's RUNE exhibits an impressive uptrend. Yearly Surge: With a YTD growth of 194%, RUNE maintains bullish momentum into the close of 2023. Continuation Pattern: The 4H chart displays a rounding bottom pattern, hinting at a potential breakout. Current Trading: Presently traded at $6.36, showing a 21.20% surge in the last three days, forming the triple white soldier pattern. Supportive Indicators: RSI reversal to overbought territory and strong EMA trends bolster the bullish sentiment for RUNE.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
Is Polygon (MATIC) Price About to Explode?MATIC price Action remains neutral, but there are some hidden signals that may lead to price spike. The Polygon (MATIC) market has been presenting some intriguing signs that have caught the eye of vigilant investors. Recent activities suggest that there has been a silent accumulation of MATIC over the past two weeks, which often precedes significant price movement. With the price ranging during this period, the underlying question is whether MATIC is gearing up for an explosive move. The price chart reveals that MATIC has indeed experienced a reversal after an unexpected and critical 21% drop. The market's response to this drop is crucial to understanding the future trajectory. Typically, after such a decline, savvy investors look for signs of accumulation as an indicator of potential upward momentum. This is due to the common market adage that "volume precedes price," suggesting that if accumulation is occurring, a price surge may be imminent. An increase in volume accompanying the price range could indicate that investors are seeing value at these levels and are stepping in to buy, potentially setting the stage for a bullish trend. As seen on the daily MATIC/USDT chart, the volume profile is descending, which hints at a potential trend reversal in the foreseeable future. Furthermore, we will be watching for a confirmed breakthrough on the charts. This would involve MATIC closing above a key resistance level on increased volume, which would lend credence to the theory that an explosive price movement is on the horizon.
COINBASE:MATICUSDLong
by DEXWireNews
#POLYGON #MATIC Long-Term targets, until end of 2025#POLYGON #MATIC Long-Term targets, until end of 2025 According to Elliott's wave count indicated on the chart, the rise from 2020 to 2021 took place during a five-wave, where either wave 1 is bigger than a five-wave or wave A is bigger than a three-wave. Considering the possibilities ahead, we can estimate the possible goals of Link until the end of 2025 as follows: TARGET1: 8$ TARGET2: 24$ TARGTE3: 48$ TARGET4: 145$ ENTRY: 0.85-0.60$ STOPLOSS: 0.50$
CRYPTO:MATICUSDLong
by KhaniTechnical
1
Going Long Matic here to 90 Cents PlusThis looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach .95 cents, dragging my stops up along the way to ensure the trade is all profit. I expect to let the remaining 25% ride after hitting .95 cents in hopes that it may jump up and above that ascending TL which would be uber bullish for this coin. Entry - .7424 Target - about .95 SL - currently .60 (my stops are very loose) RRR - 1.5 (better with tighter SLs of course) This is not fin advice. I show you the way I trade for your education and entertainment only. Stewdamus
COINBASE:MATICUSDLong
by stewdamus
1
Poly 1D Bear Flags All around? It seems as though matic is testing a new range as investors seem to be neutral on the coin. MATIC is currently $0.1300000 (20.40%) above its 100-day moving average price of $0.610000000 with its current price of $0.740000000. Meanwhile, Polygon is $0.2400000 (-2074.50%) above its 52-week low price of $0.490000000 and -$0.82000000 (-593.98%) below its 52-week high of $1.560000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 53. -IO Information*
COINBASE:MATICUSD
by dependable412
Polygon predictionHappy Thanksgiving to all! After not being able to stay away from TradingView today, i have made a potential prediction for Polygon. After confirming head and shoulders, flipping chart upside down I see an upside down head and shoulders potentially forming. The Red line is the earliest i see it reversing with the lower green line being lowest point of reversal. Again thank you all and Happy Thanksgiving. This is all personal opinion. Always do your own due diligence.
COINBASE:MATICUSD
by sandrogarcia89
1
Can Polygon leave the penny Crypto area for ever❓Can MATIC break the $1 and leave the penny Crypto area for ever❓ The Renko Chart shows that Polygon is at an important support line🟩 If Polygon breaks through the trendline resistance as well a huge bullish future is ahead IMO🚀 Comments💭, Likes♥️, RT🔃 & Follow🔗appreciated Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
COINBASE:MATICUSDLong
by Crypto4Everybody
MATIC Price Eyes 20% Jumps Post-$1 BreakoutImpressive Recovery: MATIC shows a strong recovery trend, nearing the significant $1 threshold. Golden Crossover Potential: The narrowing gap between the 50D and 200D EMA indicates a possible golden crossover. $1.20 Target: If MATIC surpasses $1, it could potentially reach $1.20, marking a 20% increase. Market Resilience: Despite Bitcoin's struggle to break the $38,000 barrier, MATIC continues its upward trajectory. Year-to-Date Growth: MATIC's price has grown by 26% this year, signaling a positive trend reversal. Surge in Demand: MATIC's price has soared by 87% in the last 26 days, bouncing back strongly from the $0.50 mark. Rounding Bottom Breakout: Price action analysis shows a rounding bottom breakout, surpassing the $0.85 supply zone. Current Trading Price: MATIC is trading at $0.93, with a 5.80% intraday growth. Technical Indicators: The RSI indicator is in the bullish overbought zone at 78%, and EMA trends suggest a bullish reversal. Long-Term Prospects: Beyond $1, MATIC could challenge its 52-week high of $1.56. Downside Risks: A reversal before hitting $1 could see MATIC drop to the $0.80 level. Investment Consideration: The potential for a significant uptrend makes MATIC an interesting option for investors.
COINBASE:MATICUSDLong
by Coinpedia-Market-Insight
MATICUSD: One more tick upwards, then correction.Polygon is cruising past the 1D MA200 on largely overbought 1D technicals (RSI = 82.582, MACD = 0.047, ADX = 72.673). We expect exhaustion to kick in near 0.87900 (Fibonacci 0.5 level) followed by a lengthy pullback to the 1D MA50. That will be the next buy opportunity, targeted at the R1 level and 0.786 Fibonacci (TP = 1.18950). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MATICUSD
by InvestingScope
1