Polygon (MATIC), known for its Layer 2 solutions for Ethereum, is the focus of our analysis today. We focus on MATIC price prediction for the coming period. In this article you will find a technical analysis from our premium environment.
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Technical Analysis Polygon (MATIC)
A new analysis from MATIC was recently shared in the Crypto Insiders premium environment. This is what the analysts say about the price:
“We have seen an interesting movement at MATIC. The price has fallen sharply from $1, now showing a clear Elliott wave pattern at 12345.
This pattern indicates an inner wave within a larger corrective pattern. Based on our current analysis, we expect MATIC to make another downward wave.
We remain optimistic in the medium term. We expect the price to stabilize at around $0.65. MATIC can probably rise again from there.”
The charts are from TradingView. This allows you to easily create crypto analyses, such as a Bitcoin chart.
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Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. These therefore serve exclusively educational purposes.
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