MATIC

Major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), saw a significant drop as $170 million in long positions were liquidated in one hour, according to data from CoinGlass. This hurt investors who had bet on the prices of both cryptocurrencies to rise further.  The liquidations were dominated by BTC and ETH investors, with $65 million and $52 million in long positions liquidated, respectively. BTC plummeted below $60,000 late on Tuesday and has dipped by 6% in the past 24 hours.…

The post Polygon (MATIC) and Cardano (ADA) Approaching the End of Consolidation: Will They Trigger a Strong Bull Run? appeared first on Coinpedia Fintech News The bulls are accumulating strength as the top cryptos like Bitcoin & Ethereum have raised over a certain range and are trying hard to sustain above the range. While ETH price juggles around a crucial range, other altcoins like Polygon (MATIC) & Cardano (ADA) are displaying acute strength. Therefore, with a sustained rise, the prices…

Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours, the MATIC price recent surge is outpaced only by the Justin Sun associated crypto assets, TRON (+12%) and BitTorrent (+22%). Over the past week, MATIC has experienced a notable rally, accumulating over a 23% increase in its value. This upswing has positioned MATIC at…

The post Breakout Alert! MATIC Price Prediction for August 21 appeared first on Coinpedia Fintech News Today, Matic Network (MATIC) has gained everyone’s attention due to its significant price surge and recent bullish breakout. However, MATIC’s bullish outlook comes at a time when top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH), have been struggling to gain momentum. Bullish Breakout in MATIC This bullish breakout comes after months of continuous downside momentum from March to August 2024. During this period, MATIC…

Polygon (MATIC) is setting up perhaps for a significant surge. MATIC currently trades 13% below its projected value for the next month; the crypto space is abuzz over this undervaluation. Investors view such a slide as a good buying opportunity. With a possible increase of 470% in just the next three months, the short-term predictions should be fairly optimistic. If everything goes as planned, MATIC could turn out to be one of the best performing tokens. With its next big…

MoonTaurus (MNTR) is rapidly emerging as a major contender in the cryptocurrency market, with analysts predicting it could rival established giants like Solana (SOL) and Polygon (MATIC). Currently in its presale phase, MoonTaurus is attracting attention due to its early-stage valuation of $0.010, up from $0.005 in the initial stage. Analysts highlight the token’s impressive 1300% growth potential, making it an appealing opportunity for investors seeking high returns. With strategic marketing efforts and strong community engagement, MoonTaurus is poised for…

MATIC price is showing positive signs from the $0.3920 zone. Polygon is rising and might gain bullish momentum above the $0.4220 resistance. MATIC price started a fresh increase above the $0.410 level against the US dollar. The price is trading above $0.4120 and the 100-hour simple moving average. There is a key rising channel forming with support at $0.4125 on the hourly chart of the MATIC/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears…

The post Why Polygon (MATIC) and Avalanche (AVAX) Holders Eye DTX Presale at $0.04 as a Life Saver   appeared first on Coinpedia Fintech News Polygon (MATIC) and Avalanche (AVAX) have lost a significant value for over a month. The consistent price drop leads investors to cancel it out of their buying lists and seek other promising investment options to secure gains and balance their bleeding portfolios. DTX Exchange (DTX) emerges as a strong market contender for significant gains with…

MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months. After soaring above $1.2 in March, the token has been in freefall, dumping over 65%. For now, MATIC faces strong rejection at $0.45 and continues to distribute, which is evident in the daily chart. The lull across the crypto scene and shrinking activity in DeFi means Polygon is on the receiving end. Despite these market-related challenges, there is a silver lining for…