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
- Forget Polygon and Toncoin: BlockDAG Could Deliver a Whopping 30,000x ROI—Here’s Why! • ZyCrypto • 09/19/2024 04:36:22 PM
- Real-world asset tokenization is the crypto killer app — Polygon exec • Cointelegraph • 09/18/2024 09:58:25 PM
- QuillAudits Is Becoming the Go-To for Blockchain Security • The Daily Hodl • 09/17/2024 06:43:31 PM
- Altcoin Watch: Mega Whales Are Taking These Alts Off Exchanges • NEWSBTC • 09/17/2024 05:00:49 PM
- Polygon Soars 16.6% As Binance Completes MATIC To POL Transition • NEWSBTC • 09/14/2024 05:30:50 AM
- 1inch Network releases cross-chain innovation white paper • Cointelegraph • 09/12/2024 12:59:29 PM
- Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling? • NEWSBTC • 09/11/2024 11:15:53 PM
- Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist • The Daily Hodl • 09/11/2024 06:41:03 PM
- Indonesian crypto exchange Indodax goes offline after suspected $22M hack • Cointelegraph • 09/11/2024 07:18:11 AM
- Indonesian crypto exchange Indodax goes offline after suspected $22M hack • Cointelegraph • 09/11/2024 07:18:00 AM
- Nansen Acquires StakeWithUs; Polygon Labs Launches Crypto Chip; Bitcoin ETFs See Positive Inflows • IH Market News • 09/10/2024 03:11:09 PM
- Polygon invests $5M in ‘VPU’ chips that could lower zero-knowledge proof costs • Crypto Briefing • 09/10/2024 03:08:31 PM
- Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer • Cointelegraph • 09/10/2024 01:00:03 PM
- Telefónica Tech joins Polygon's Privado ID as system integrator • Cointelegraph • 09/10/2024 10:00:00 AM
- Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined • Cointelegraph • 09/06/2024 07:01:00 PM
- Little Known Altcoin Moonwell (WELL) Shoots for the Moon After Coinbase Roadmap Addition • The Daily Hodl • 09/06/2024 06:41:55 PM
- MATIC Slides Deeper: Will It Break The $0.3132 Barrier? • NEWSBTC • 09/06/2024 03:30:08 PM
- Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin • The Daily Hodl • 09/06/2024 09:15:09 AM
- Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL) • The Daily Hodl • 09/05/2024 10:01:47 PM
- AggLayer will connect all Web3, including L1s like Ether and Solana: Polygon Labs CEO • Cointelegraph • 09/05/2024 07:02:00 AM
- Polygon MATIC Holds Steady As Blockchain Transition To POL Token Kicks Off • ZyCrypto • 09/04/2024 11:34:39 PM
- Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade • NEWSBTC • 09/04/2024 11:00:15 PM
- Trump Unveils DeFi Project with Aave, Polygon Debuts POL Token, Sui Blockchain Introduces Offline Transactions • IH Market News • 09/04/2024 05:00:55 PM
- Polygon begins migration from MATIC to POL, boosting its ‘hyperproductive’ utility • Crypto Briefing • 09/04/2024 11:52:39 AM
- Polygon’s MATIC upgraded to POL, driving ‘hyperproductive’ token utility • Cointelegraph • 09/04/2024 08:52:45 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
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Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
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PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM