Analytics
Polygon Price Analysis Hints Major Reversal to $1.5 As Buyers Hit Key Resistance
Polygon Price Analysis: MATIC, the native cryptocurrency of the Polygon network, has been trading sideways since last week, struggling to surpass the $0.768 resistance. The consolidation is following the lead of Ethereum amid uncertainty around Spot ETH ETF. With the broader market yet to signal a clear sign of renewed recovery, the overhead supply could prolong the lateral trend in MATIC intact since mid-April.
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