🎉🎉🎉MATIC Price Prediction: Is MATIC Ready For a Breakout Above $1?🎉🎉🎉
#matic #WLD Good news MATIC to moon
Polygon (MATIC) coin revealed a sharp bounce and retained momentum, reaching close to the round mark of $1. Moreover, the bulls have regained strength and are anticipating a breakout soon. The coin signifies a V-shaped reversal and depicts follow-on buying momentum. However, the coin needs a retracement to continue the upward movement, which might lead to a breakout above $1.
MATIC coin price surpassed the key moving averages and delivered a pullback in the last sessions. Furthermore, the trend is neutral, and buyers must hold $0.900 to continue the bullish momentum. If the coin drags below $0.8500, it may lead to profit booking toward $0.500. Per the Fib levels, the coin has escaped the 23.6% zone and is close to the 38.2% zone.
The Polygon coin (MATIC) price was $0.9807 at press time, with an intraday drop of 2.71%, showing neutrality on the charts. Moreover, the trading volume has increased by 4.31% to $320.02 Million. The pair of MATIC/BTC is at 0.0000189 BTC, and the market cap is $9.44 Billion. MATIC coin has a weekly return ratio of 5.42% and 33.64% monthly. Analysts are neutral and suggest that the Polygon crypto (MATIC) price will face volatility and may breach the round mark of $1 soon.