Wednesday, August 10, 2022 8:57:41 PM
Performing technical analysis on the MATIC USD price chart, it appears that the bulls still have some gas left in the tank. The coin is still maintaining an uptrend, and hence another retest of $1 is likely. However, a lot depends on the outcome of the July CPI print. If inflation numbers are high again, the price might retest the 200-day moving average at $0.81.
However, if there is an indication of an inflation decrease, markets might surge until next month’s FOMC meeting. This could make our Polygon MATIC price prediction of $1.05 a reality in August. To avoid any downside risk, it is advisable to exit any long trade in case of a daily closure below the 200-day moving average....
https://www.investingcube.com/polygon-matic-price-prediction-bulls-are-still-in-control-cryptocurrencies/
Recent MATICUSD News
- Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’ • The Daily Hodl • 05/03/2024 07:55:15 PM
- Is MATIC Poised For Takeoff? Key Area Breaks Records, Fueling Bullish Outlook • NEWSBTC • 05/03/2024 08:30:16 AM
- Popular Dogecoin (DOGE) Layer-2 Solution Dogechain To Shut Down Wallet Services Next Month • The Daily Hodl • 05/02/2024 10:01:55 PM
- Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return • NEWSBTC • 05/02/2024 02:00:36 AM
- USDC Beats USDT In Transaction Volume By Over 400% – Details • NEWSBTC • 04/30/2024 08:50:57 AM
- Cardano’s Mysterious Surge: What’s Behind The $13 Billion Daily Transaction Boom? • NEWSBTC • 04/30/2024 06:00:14 AM
- Analyst Explains Why Bitcoin Must Stay Above This Level • NEWSBTC • 04/29/2024 10:00:08 PM
- Ethereum Fees Dive: Will This Spark A Surge In Network Activity? • NEWSBTC • 04/29/2024 03:00:46 PM
- Polygon In Peril: Will MATIC Bounce Back Or Stay Stuck In The Sub-$1 Doldrums? • NEWSBTC • 04/29/2024 11:00:38 AM
- Fintech leader Stripe integrates USDC payments across Solana, Ethereum, and Polygon blockchains • Crypto Briefing • 04/25/2024 06:39:17 PM
- Ethereum Blockchain’s Q1 2024 Success: Unveiling The Factors Behind The $370M Profit Surge • NEWSBTC • 04/19/2024 12:00:34 AM
- Polygon Sees Whales Stacking Up as MATIC Price Eyes $1 • ZyCrypto • 04/18/2024 10:44:16 PM
- Blockchain data-availability protocol Avail announces 600M token airdrop • Cointelegraph • 04/18/2024 08:38:20 PM
- Tether’s Division Restructure, Aptos-Microsoft DeFi Collaboration, and More Crypto News • IH Market News • 04/18/2024 05:59:13 PM
- Ernst & Young taps ZK-proofs on Ethereum to automate contracts • Cointelegraph • 04/18/2024 02:09:07 AM
- Security Alliance launches crypto threat-sharing platform • Crypto Briefing • 04/17/2024 04:06:06 PM
- Whale Alert: MATIC Poised For Epic Surge – Time To Dive In? • NEWSBTC • 04/17/2024 01:00:49 PM
- OKX Introduces X Layer for Scaling ETH, GBTC Holdings Halve Post-Launch, and More Crypto News • IH Market News • 04/16/2024 05:48:05 PM
- Majority of Dogecoin, Shiba Inu and Pepe Holders Remain Profitable Despite Latest Crypto Correction: IntoTheBlock • The Daily Hodl • 04/15/2024 06:45:19 PM
- Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time • NEWSBTC • 04/10/2024 02:00:37 AM
- Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana • NEWSBTC • 04/09/2024 10:00:44 PM
- MATIC Price Prediction: Can Polygon Rip Higher To $1.15 • NEWSBTC • 04/09/2024 05:28:46 AM
- Bitcoin 40% Of Way Through Bull Run If This Metric Is To Go By • NEWSBTC • 04/09/2024 02:00:56 AM
- Altcoins Hotlist: Expert Identifies Top 6 Coins To Track Amid Bitcoin’s Rise To $72,000 • NEWSBTC • 04/08/2024 11:00:17 PM
- Polygon (MATIC) In Buy Zone That Earlier Led To 112% & 87% Surges • NEWSBTC • 04/08/2024 04:00:10 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM