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Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend?

Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend?


NewsBTC
2022-08-17 00:31:10
Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend?

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’s 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’s 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 – 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 loom...

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