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As a result, this leads us to believe that the price will not be set.However, if the newspaper moves away from its trend line, it will mean that the upward movement will continue towards the next resistance of $1.77.to conclude, the most probable price prediction is a rise to $1.42 before a long-term correction.
The MATIC token is the native token of the Polygon network, a scaling solution for the Ethereum blockchain. The current increase may be terminated.
The matic token is the native array token, a scale solution for blockchain ethereum. This is a crucial area since it acted as support for most of 2022. Currently, matic price tries to get out of the resistance zone by $1.35.
This is a critical area as it has supported the majority of 2022. As a result, if the price falls above this zone, it may rise to the next resistance of $1.73.
As a result, if the price exceeds this zone, it may increase to the next resistance to $1.73.
Polygon (MATIC) Price Approaches Top of Increase
While the weekly chart is bullish, the daily one shows bearish signs. However, if the digital asset does not decompose, it may fall back onto the weekly horizontal area.The most probable target for the top of the movement is $1.43, created by the 1.61 length of waves one and three combined. support graph of $1.77. However, if the digital asset does not decompose, it may revert to the horizontal support zone of $1.77.while weekly chart is bullish, daily shows downturns.
The reason for this is the massive downward divergence that has grown into the daily rsi (green line).
This is explained by the massive downward divergence that has developed in the daily RSI (green line).
MATIC/USD Daily Graphics. However, if the daily goes off its trend line, this will mean that the upward movement will continue towards the next resistance to $1.77.matic/usd daily chart. However, as previously mentioned, a weekly closure of more than $1.35 would be bullish and would mean that the price could rise as high as $1.77.viewThis option is supported by the number of waveforms. It shows that the price of the polygon is within a five (black) wide wave.
The number of sub-waves is indicated by red.
However, as outlined previously, a weekly close above $1.35 would be bullish and would mean that the price could increase toward $1.77.
To conclude, the most likely MATIC price forecast is an increase toward $1.42 before a long-term correction. A weekly close above $1.35 would invalidate this bearish forecast and could lead to an increase toward $1.77.
