MATIC

The post Polygon (MATIC) and NEAR Protocol (NEAR) Price Poised For Massive Spike Soon appeared first on Coinpedia Fintech News The altcoin industry has established a solid bottom for the recent correction triggered after Bitcoin’s (BTC) price reached a local top of around $74,000. Since the Bitcoin halving event last weekend, the altcoin market has been gaining against the flagship coin, as observed in the dominance.  Furthermore, the cryptocurrency market cap, excluding Bitcoin, TOTAL2, which stands around $1.03 trillion, has…

The post MATIC Price Preps Trend Reversal With This Morning Star appeared first on Coinpedia Fintech News Amidst the broader market crash, the MATIC price shows an intense correction phase as it reverses from a long-coming resistance trendline. The long-term trend in the Polygon continues with a lower high formation.  With hardly any bullish impact seen of the Bitcoin Halving, the MATIC price awaits an altcoin season recovery. Considering the uptrend momentum revives in Polygon, our MATIC price prediction projects…

Polygon’s MATIC has declined by 1% in the last seven days, however, its Proof of Stake (PoS) network has witnessed 1 million daily active addresses for 30 straight days.  Polygon’s DeFi sector has unfortunately declined as Total Value Locked falls from $1.1 billion to $890 million.  The Polygon ecosystem has over the past couple of months demonstrated resilience and sustained growth despite a revenue dip and an extensive bearish trend plunging the year-to-date growth of its native token, MATIC, by…

Recent data shows that whales accumulate MATIC aggressively amidst the ongoing broad market correction that has seen the asset trading below $0.7.  Interestingly, an analyst has observed the formation of a bullish trend that could see MATIC surging to $0.95 and $1.29.  Polygon’s native token MATIC takes a marginal turn in a 1% positive run to hit $0.66 weeks after consistently breaking away from its targeted price. However, the price of the asset is still 34% down from year-to-date and…

The post MATIC Price Set To Surge Despite Bearish Netflow! Here’s What To Expect appeared first on Coinpedia Fintech News MATIC price is facing a lack of buying confidence as the pre-halving correction strengthens short positions. The current correction in the market has significantly impacted MATIC’s price, resulting in a new low for the year. Nonetheless, as large investors are now accumulating more tokens during this decline, analysts anticipate a surge in the short term. Nevertheless, a key on-chain indicator…

In the ever-volatile landscape of the cryptocurrency market, recent days have seen a surge in turbulence, with Bitcoin and leading altcoins struggling to maintain stability. Among them, MATIC, the native token of Polygon, hasn’t been immune to the downward pressure, experiencing a drop of nearly 2% in the past 24 hours alone. As of the latest data, MATIC is trading at $0.69, marking a 21% decrease compared to the previous week. MATIC: Whales Seize The Opportunity Despite the market downturn,…

XRP stands at a pivotal point in its journey as 2024's bull run sweeps through the crypto market. Enthusiasts and investors are eager to see if XRP can surge ahead of its competitors like Cardano, Polygon (MATIC), and the emerging BlastUP. This analysis aims to shed light on XRP's potential to exceed growth expectations in a year where the race to the top is more competitive than ever. The following insights are designed to guide those looking to understand XRP's…

The post Top Trader Diverts From Trading Polygon (MATIC) During Bull Run, Picking Up This New Token Currently Rallying 500% appeared first on Coinpedia Fintech News As the cryptocurrency market experiences a flurry of activity, a notable shift is occurring among savvy traders. One top trader, previously a staunch supporter of Polygon (MATIC), is making a bold move by diverting attention towards a new, promising token: Option2Trade (O2T), which is currently witnessing a staggering 500% rally. Polygon (MATIC) Faces Stiff…

The post XRP and Polygon MATIC Show No Price Movement, But BlastUP (BLP) Attracts Huge Gains Ahead More Investors appeared first on Coinpedia Fintech News XRP and Polygon’s MATIC have been quiet in terms of price change, yet BlastUP stands out by adopting a bold strategy that has sparked a surge of interest and holds the potential for significant returns. As the bull run of 2024 continues, this situation captures the attention of investors looking for opportunities in a market…