Tag Archives: Polygon (MATIC) Price

TL;DR Polygon (MATIC) experienced a 30% monthly price surge, with analysts predicting further increases. The surge coincides with a significant rise in Polygon’s on-chain trading volume and other metrics. One of the best-performing cryptocurrencies (at least from the top 20 list) – Polygon (MATIC) – briefly surpassed the $1 mark this week. Its 30% price surge on a monthly scale has captured the attention of industry participants, with some analysts envisioning a further...

TL;DR MATIC’s Price Surge: Polygon’s native token, MATIC, has seen an 80% increase in value over the past month and is among the few assets to gain in the last 24 hours, currently trading at around $0.94. Market Sentiment and Institutional Interest: The rally in MATIC’s price is partly attributed to the overall bullish sentiment in the crypto market and growing interest from institutional investors and whales. Significant Accumulation by Key Wallets: Key wallets holding...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

This week, we take a closer look at the worst performing altcoins with a market cap of over $1 billion: Lido, Cardano, Aptos, Solana, and Polygon. Lido (LDO) | -24.8% LDO is the worst performer on our list this week after falling by almost 25%. Buyers failed to sustain the uptrend and with the support at $2 lost, the price was quick to crash. At the time of this post, the most significant support level is found at $1.4 and the resistance is at $1.8. Considering the market...

The altcoin market is under fire. Major cryptocurrencies like Solana (SOL), Polygon (MATIC), Cardano (ADA), and many others – are plummeting in value. The heatmap below is pretty indicative of the troubles that the market is going through. It also reveals that investors are anything but confident right now. Source: Coin360While it’s anyone’s guess why exactly that might be, two things happened in the past few days that might provide some sort of an explanation. SEC Names 13...

This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon. Ripple (XRP) Ripple continues to surprise the market with its strength, considering that in the past week, most altcoins ended up in red. More so, XRP has managed to close in green with a 2.6% increase in price, making it the best performer on our list today. This resilience has taken the price just under the key resistance at 53 cents. Volatility also increased this week, and buyers...

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polygon. Ethereum (ETH) The overall market has turned red, and ETH’s price has lost 15% in the past week. With support broken to the downside, Ethereum is struggling to find its footing and could go to $1,300, where the next key support is found. The news that Ethereum could be considered a security is another blow that may intensify the current bearish momentum. As the pressure is building up,...

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and OKB. Ethereum (ETH) Ethereum had a great rally this past week but failed to break above the key resistance at $1,660. Nevertheless, the price still managed to increase by 7.4%. the current PA shows that buyers are becoming eager, and the key resistance is being tested again and again. The more this happens, the likelier it becomes for ETH to break above and move higher. Looking ahead, ETH has good...

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Fantom. Ethereum (ETH) Ethereum, the second-largest cryptocurrency, continued to consolidate this week. The price only registered a 2.9% increase. This is because ETH is stuck in a channel between $1,670 and $1,550.  All attempts to break these levels were rejected in the past two weeks. While some altcoins were booking double digits gains (see Fantom below), Ethereum appears to be on a pause. This...

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Solana Ethereum (ETH) Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend. This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is...