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Polygon (MATIC) Could See a Bull Run of 30% In the Next Few Days -Breaking

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Polygon (MATIC), Could Experience a Bull Run Of 30% in the Next Few Days
  • Polygon (MATIC), which could rally as some believe the Polygon Network reached its bottom over the weekend, may be resurgent.
  • MATIC has signs of an upcoming bull run that could reach 30%.
  • The current price of the token is $0.6523. This represents an increase of 2.35% in 24 hours.

Polygon (MATIC), which could rally as some believe the Polygon Network reached its bottom over the weekend, may be resurgent.

MATIC has signs of an upcoming 30% bull market. Over the weekend, transaction solution coin MATIC is forecast to hit $0.55. MATIC’s price has been revived by nearly 10% as bulls flocked to the crypto market.

MATIC has an average value of $0.6523. The favorable trading setup will allow MATIC to test the $0.60 area and continue its rallying through strong bullish candles.

MATIC’s Relative Strength Index (RSI) has also jumped back into the buyers’ zone, which leads people to believe that a definitive low may be in.

4 hour chart MATIC/ISDT (Source: FXStreet).

For investors who want to take part in early gambling, an invalidation is required for the uptrend thesis. A breach below $0.55 will invalidate this thesis. If the bears managed to close below $0.55, it is possible that they could decline to $0.45, which in turn will lead to a 30% decrease from MATIC’s current price.

MATIC is currently trading at $0.6523. This price has seen a 2.3% increase over the past 24 hours. Over the same time, MATIC reached $0.672 at its highest point. This is equivalent to 0.0000207 BTC.

MATIC’s market cap currently stands at $5,177,315,079, and also saw a 24-hour trading volume of $523,459,714. According to CoinMarketCap, this is 34.52% less than yesterday’s figure.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. This article is not intended to be used as investment advice. CoinQuora urges users to conduct their own research prior to investing in cryptocurrency.

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