Polygon called a sleeping giant

Polygon $MATIC has been trading in the red zone for a long time now even with a series of updates and improvements in the network. Nevertheless, the users of Reddit in a specific thread have claimed that Polygon is a ‘sleeping giant’ which has immense growth possibilities.

They believe its altcoin price would skyrocket if it is able to breakpast the resistance at the 100-day EMA. This region has acted as a point of great resistance for the altcoin since the beginning of April. If Polygon is to rise above this level, analysts believe that it is likely to rise to $1 in the next few weeks.

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