MATICPricePrediction
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📉 This Entity Sold Nearly 26 Million Polygon (MATIC) in the Last 24 Hours💸
In a surprising move, Celsius has offloaded a staggering 25.76 million MATIC tokens to Binance and Crypto.com, intensifying the selling pressure on Polygon (MATIC). Despite this substantial sell-off, Celsius retains a sizable 34.08 million MATIC, valued at approximately $27.88 million in the current market.
Key Highlights:
🔍 Large Entity Deposit on Centralized Exchanges:
Celsius transferred 22.73 million MATIC (worth $18.79 million) to Binance and 3.02 million MATIC (worth $2.47 million) to Crypto.com. This strategic move has significantly impacted the MATIC market dynamics, prompting concerns among investors.
💼 Celsius Still Holds a Significant Stake:
Even after the deposit, Celsius maintains ownership of 34.08 million MATIC. This suggests a strategic sell-off rather than a complete divestment. The current market rates estimate the retained MATIC value at $27.88 million.
💰 MATIC Price Drops Amidst Controversies:
MATIC, once in the limelight after crossing $1 in December 2023, is now grappling with a 25% decline from its local peak. Analysts view the controversies surrounding Polygon Foundation's MATIC allocation as a contributing factor.
📊 Spotonchain Analysis Raises Concerns:
On-chain analysis platform Spotonchain highlights a consistent drop in MATIC price post each deposit by Celsius. This pattern suggests a correlation between Celsius's actions and the subsequent decline in MATIC value.
📉 Potential Buy Opportunity at $0.55:
Analysts speculate that amidst the turmoil, $0.55 could present a potential buy opportunity for MATIC. The market is closely monitoring the unfolding scenario and assessing the impact of Celsius's ongoing actions.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
#PolygonFuture #MATICPricePrediction #MATICAnalysis #cryptocurrency #crypto2024
In a surprising move, Celsius has offloaded a staggering 25.76 million MATIC tokens to Binance and Crypto.com, intensifying the selling pressure on Polygon (MATIC). Despite this substantial sell-off, Celsius retains a sizable 34.08 million MATIC, valued at approximately $27.88 million in the current market.
Key Highlights:
🔍 Large Entity Deposit on Centralized Exchanges:
Celsius transferred 22.73 million MATIC (worth $18.79 million) to Binance and 3.02 million MATIC (worth $2.47 million) to Crypto.com. This strategic move has significantly impacted the MATIC market dynamics, prompting concerns among investors.
💼 Celsius Still Holds a Significant Stake:
Even after the deposit, Celsius maintains ownership of 34.08 million MATIC. This suggests a strategic sell-off rather than a complete divestment. The current market rates estimate the retained MATIC value at $27.88 million.
💰 MATIC Price Drops Amidst Controversies:
MATIC, once in the limelight after crossing $1 in December 2023, is now grappling with a 25% decline from its local peak. Analysts view the controversies surrounding Polygon Foundation's MATIC allocation as a contributing factor.
📊 Spotonchain Analysis Raises Concerns:
On-chain analysis platform Spotonchain highlights a consistent drop in MATIC price post each deposit by Celsius. This pattern suggests a correlation between Celsius's actions and the subsequent decline in MATIC value.
📉 Potential Buy Opportunity at $0.55:
Analysts speculate that amidst the turmoil, $0.55 could present a potential buy opportunity for MATIC. The market is closely monitoring the unfolding scenario and assessing the impact of Celsius's ongoing actions.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
#PolygonFuture #MATICPricePrediction #MATICAnalysis #cryptocurrency #crypto2024
⚓$MATIC / $USD - Update
🚨Do not fade MATIC. Setting up for a hot move...🔥
$MATIC
#MATIC #MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #TrendingTopic
🚨Do not fade MATIC. Setting up for a hot move...🔥
$MATIC
#MATIC #MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #TrendingTopic
#MATIC is breaking down after losing support at $0.867 flipping it into resistance. Next support lies at $0.784 in case of another retrace.In case of a bounce from current prices watch for a break above $0.867, the a rally back above $0.9.
#Polygon #MATICPricePrediction #BinanceTournament
#Polygon #MATICPricePrediction #BinanceTournament
$MATIC TP hit on Target 🎯
Matic Has Much More Potential
It Can Hit 1$ in this rally........
#MATICPricePrediction #MATIC🔥🔥 #MATICAnalysis
Enjoy
Matic Has Much More Potential
It Can Hit 1$ in this rally........
#MATICPricePrediction #MATIC🔥🔥 #MATICAnalysis
Enjoy
LIVERaheem Shah
--
Bullish
$MATIC Trade Idea 💡
Spot & Futures
Entry : Current Price 0.75 $ - 0.77$
TP 1 : 0.85$
TP 2 : 0.88$
Will Keep Sharing Updates 🚀
#MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #SignalAlert #signaloftheday $MATIC
Spot & Futures
Entry : Current Price 0.75 $ - 0.77$
TP 1 : 0.85$
TP 2 : 0.88$
Will Keep Sharing Updates 🚀
#MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #SignalAlert #signaloftheday $MATIC
🚀Polygon surges over 20%, MATIC’s cap overtakes TRON
In the midst of a sluggish cryptocurrency market during the holiday season, Polygon's MATIC has emerged as a shining star, witnessing an impressive surge of over 20% in the past 24 hours.
MATIC Overtakes TRON in Market Capitalization
While major cryptocurrencies like Bitcoin, Ethereum, Solana, and Ripple are facing challenges, MATIC has not only experienced a substantial price increase but has also overtaken TRON (TRX) in terms of market capitalization. At present, MATIC boasts a market capitalization of approximately $10 billion, surpassing TRON's $9 billion.
📈 Whale Activity Drives Momentum
Over the last 5 to 6 days, notable whale activity within the Polygon network has contributed to this remarkable surge. The number of wallet addresses holding MATIC between 1 million to 10 million has increased, adding a net total of 55 million MATIC tokens valued at around $44.5 million. The total MATIC supply now stands at an impressive 930.97 million MATIC.
Technical Analysis and Pattern Breakouts
Apart from whale activity, technical analysis reveals crucial factors propelling MATIC's upside momentum. Breakouts of a double bottom pattern and an inverted head and shoulders pattern on the 4-hour and weekly time frames have been instrumental. A symmetrical triangle pattern breakout on the weekly time frame further adds to the positive sentiment.
As of now, MATIC is trading near $1.05, marking a remarkable surge of over 20% in the last 24 hours. Expert technical analysis confirms the breakout of key patterns, with MATIC currently trading above the 200 EMA (Exponential Moving Average), indicating strong bullish momentum. If this trend continues, there's potential for MATIC to reach $1.5, presenting a 40% upside opportunity.
📈 Stay Tuned for More Updates on Polygon's Soaring Journey!
#MATICPricePrediction #MATICSurge #crypto #cryptocurrency #crypto2023
In the midst of a sluggish cryptocurrency market during the holiday season, Polygon's MATIC has emerged as a shining star, witnessing an impressive surge of over 20% in the past 24 hours.
MATIC Overtakes TRON in Market Capitalization
While major cryptocurrencies like Bitcoin, Ethereum, Solana, and Ripple are facing challenges, MATIC has not only experienced a substantial price increase but has also overtaken TRON (TRX) in terms of market capitalization. At present, MATIC boasts a market capitalization of approximately $10 billion, surpassing TRON's $9 billion.
📈 Whale Activity Drives Momentum
Over the last 5 to 6 days, notable whale activity within the Polygon network has contributed to this remarkable surge. The number of wallet addresses holding MATIC between 1 million to 10 million has increased, adding a net total of 55 million MATIC tokens valued at around $44.5 million. The total MATIC supply now stands at an impressive 930.97 million MATIC.
Technical Analysis and Pattern Breakouts
Apart from whale activity, technical analysis reveals crucial factors propelling MATIC's upside momentum. Breakouts of a double bottom pattern and an inverted head and shoulders pattern on the 4-hour and weekly time frames have been instrumental. A symmetrical triangle pattern breakout on the weekly time frame further adds to the positive sentiment.
As of now, MATIC is trading near $1.05, marking a remarkable surge of over 20% in the last 24 hours. Expert technical analysis confirms the breakout of key patterns, with MATIC currently trading above the 200 EMA (Exponential Moving Average), indicating strong bullish momentum. If this trend continues, there's potential for MATIC to reach $1.5, presenting a 40% upside opportunity.
📈 Stay Tuned for More Updates on Polygon's Soaring Journey!
#MATICPricePrediction #MATICSurge #crypto #cryptocurrency #crypto2023
Hello Analyst! What do you think about #MATICPricePrediction ? is it showing a bullish trend or not ? $MATIC $BTC $ETH
Polygon’s Future Unveiled: MATIC Price Predictions Up to 2032
Hey Binance community, it’s Linkan here with exciting insights on Polygon ($MATIC )! 🌟 Let’s delve into the predicted trajectory of $MATIC ’s value in the coming years.
📈 Polygon’s Price Journey: A Look Ahead
• 2023 Prediction: $MATIC might touch a high of $0.87 .
• 2026 Outlook: Potential peak at $2.87 .
• 2029 Forecast: Expected surge up to $9.01 .
• 2032 Vision: Could soar to $26.76 .
🚀 MATIC’s Current Performance
• Present Price: $0.84 with a 7.4% recent surge .
• Market Cap: $5.8 billion, holding a 0.41% market dominance .
💡 Technical Analysis
• Resistance and Support: Resistance at $0.9879, support at $0.7743 .
• Bullish Pressure: MATIC witnessing a bullish trend, aiming for higher levels .
📊 What’s Driving MATIC?
• Strategic Partnerships: Collaboration with NEAR Foundation for cross-chain compatibility .
• Innovative Developments: Launch of POL on Ethereum, Polygon 2.0 initiatives, and governance structures .
Hashtags:
1. #MATICPricePrediction
2. #PolygonFuture
3. #CryptoTrends
4. #BinanceSquareAnalysis
5. #BlockchainGrowth
As we watch MATIC’s journey, these predictions paint a picture of a token with strong potential. What do you think lies ahead for Polygon? Share your thoughts below!
Hey Binance community, it’s Linkan here with exciting insights on Polygon ($MATIC )! 🌟 Let’s delve into the predicted trajectory of $MATIC ’s value in the coming years.
📈 Polygon’s Price Journey: A Look Ahead
• 2023 Prediction: $MATIC might touch a high of $0.87 .
• 2026 Outlook: Potential peak at $2.87 .
• 2029 Forecast: Expected surge up to $9.01 .
• 2032 Vision: Could soar to $26.76 .
🚀 MATIC’s Current Performance
• Present Price: $0.84 with a 7.4% recent surge .
• Market Cap: $5.8 billion, holding a 0.41% market dominance .
💡 Technical Analysis
• Resistance and Support: Resistance at $0.9879, support at $0.7743 .
• Bullish Pressure: MATIC witnessing a bullish trend, aiming for higher levels .
📊 What’s Driving MATIC?
• Strategic Partnerships: Collaboration with NEAR Foundation for cross-chain compatibility .
• Innovative Developments: Launch of POL on Ethereum, Polygon 2.0 initiatives, and governance structures .
Hashtags:
1. #MATICPricePrediction
2. #PolygonFuture
3. #CryptoTrends
4. #BinanceSquareAnalysis
5. #BlockchainGrowth
As we watch MATIC’s journey, these predictions paint a picture of a token with strong potential. What do you think lies ahead for Polygon? Share your thoughts below!
Polygon (MATIC) Price Prediction
What is Polygon's price prediction today?Based on our Polygon prediction chart, the price of Polygon will increase by 0.00% and reach $ 0.775256 by Jan 21, 2024What is Polygon price prediction for tomorrow?Polygon is predicted to gain 0.00% and reach a price of $ 0.775256 tomorrow.What is the Polygon price prediction for next week?The Polygon price prediction for next week is between $ 0.775256 on the lower end and $ 0.944075 on the high end. Based on our MATIC price prediction chart, the price of Polygon will increase by 21.78% and reach $ 0.944075 by Jan 28, 2024 if it reaches the upper price target.What is the Polygon price prediction for 2024?Polygon is forecasted to trade within a range of $ 0.775256 and $ 4.09. If it reaches the upper price target, MATIC could increase by 422.95% and reach $ 4.09.What is the Polygon price prediction for 2025?According to our Polygon price prediction, MATIC is forecasted to trade within a price range of $ 0.775256 and $ 4.09 next year. Polygon will increase by 422.95% and reach $ 4.09 if it reaches the higher value target for 2025.What is the Polygon price prediction for 2026?The Polygon price prediction for 2026 is between $ 0.858972 on the lower end and $ 5.20 on the high end. Based on our MATIC price prediction chart, the price of Polygon could increase by 564.38% and reach $ 5.20 if it reaches the upper price target.Is Polygon a good buy in 2024?Based on multiple technical quantitative indicators, the current forecast for Polygon in 2024 is bearish. This could be an indication that Polygon is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Polygon or not.What will the price of Polygon be next week?According to our Polygon forecast, the price of Polygon will increase by 27.16% over the next week and reach $ 0.985812 by January 25, 2024.What will the price of Polygon be next month?According to our Polygon forecast, the price of Polygon will increase by 12.24% over the next month and reach $ 0.870180 by February 19, 2024.What is Polygon's 50-Day SMA and what does it indicate?Polygon’s 50-day SMA (simple moving average) is currently $ 0.856824. The 50-day SMA indicates the average price of Polygon over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive MATIC price trend in the medium term, while a dropping SMA indicates the opposite.The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.What is Polygon's 200-Day SMA and what does it indicate?Polygon’s 200-day is currently $ 0.712657. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Polygon 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that MATIC has been trending downwards over the long term.Many cryptocurrency traders pay close attention to the markets when the current Polygon price crosses an important moving average like the 200-day SMA.The 200-day SMA is calculated by taking Polygon’s closing prices in the last 200 days, adding them together, and dividing the total by 200.What is Polygon's 14-day RSI and what does it indicate?Polygon’s 14-day RSI is at 38.71, indicating that MATIC is currently neutral.The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Polygon. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.Will Polygon go back up?Based on our algorithmically generated price prediction for Polygon, the price of MATIC is expected to decrease by 12.24% in the next month and reach $ 0.870180 on Feb 19, 2024. Additionally, Polygon’s price is forecasted to gain 121.46% in the next six months and reach $ 1.716918 on Jul 18, 2024. Finally, Polygon is expected to trade at $ 3.35 on Jan 19, 2025, following a 332.70% value decrease in one year.How does our price prediction for Polygon work?The Polygon price prediction on Crypto Efficient# is calculated using the historical Polygon price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Polygon prediction.#MATIC🔥🔥 #MATICAnalysis #MATİC #MATICPricePrediction #matic
🚀🔮 Polygon's Future Forecast: AI's Bold Prediction for MATIC Post-2024 Halving! 💡
Anticipation surges as AI unveils its forecast for Polygon (MATIC), hinting at an ambitious trajectory following the 2024 halving event.
This prediction ignites curiosity within the crypto community, offering insights into AI's perspective on MATIC's potential growth after the upcoming halving.
As the crypto world awaits the halving, AI's prediction serves as a beacon, hinting at potential opportunities and fueling discussions about MATIC's future price movements.
The forecast sets the stage for excitement, with enthusiasts and investors eagerly contemplating the implications of this prediction on Polygon's market dynamics post-halving.
AI's bold outlook on MATIC's future weaves a narrative of potential growth and sparks contemplation about the impact of fundamental events like halvings on cryptocurrency prices. 🌐📈
#MATICPricePrediction #MATIC🔥🔥
Anticipation surges as AI unveils its forecast for Polygon (MATIC), hinting at an ambitious trajectory following the 2024 halving event.
This prediction ignites curiosity within the crypto community, offering insights into AI's perspective on MATIC's potential growth after the upcoming halving.
As the crypto world awaits the halving, AI's prediction serves as a beacon, hinting at potential opportunities and fueling discussions about MATIC's future price movements.
The forecast sets the stage for excitement, with enthusiasts and investors eagerly contemplating the implications of this prediction on Polygon's market dynamics post-halving.
AI's bold outlook on MATIC's future weaves a narrative of potential growth and sparks contemplation about the impact of fundamental events like halvings on cryptocurrency prices. 🌐📈
#MATICPricePrediction #MATIC🔥🔥
Price Target for this Bull run 2024
CryptoChainAcademy (YT Channel)
#matic #PolygGon #POLTOKEN #MATICPricePrediction
CryptoChainAcademy (YT Channel)
#matic #PolygGon #POLTOKEN #MATICPricePrediction
Will Matic ??
The breakout is about to happen...
This is the time to prepare yourself.
#Write2Earn #MATIC/USDT⚡ $MATIC #TrendingTopic #MATICPricePrediction
The breakout is about to happen...
This is the time to prepare yourself.
#Write2Earn #MATIC/USDT⚡ $MATIC #TrendingTopic #MATICPricePrediction
#MATIC has broken to the upperside of the trendline and is now ready for a rally. First targets at $0.784 which is resistance. A break above that expect another push above $0.71.
#MATIC🔥🔥 #MATICPricePrediction #DYOR🟢
#MATIC🔥🔥 #MATICPricePrediction #DYOR🟢
#MATIC/USDT : #MATICPricePrediction
Trade setup: Following a bullish breakout from Sideways Channel ($0.50-$0.60), price broke above 200-day moving average, which confirmed a bullish trend reversal to Uptrend.
Price reached our target of $1.00 resistance where it got rejected once already. Now we wait for price to either 1) break above $1.00 to signal continuation of uptrend, with upside potential to $1.25, or 2) pull back near $0.75 support for a swing entry in Uptrend with upside potential back to $1.00. The nearest horizontal support area is $0.75, which also lines up with a 50% Fibonacci retracement level. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance: Nearest Support Zone is $0.75 (previous resistance), then $0.60. The nearest Resistance Zone is $1.00, then $1.25.
$MATIC
#BinanceTournament #BTC #MATICAnalysis
Trade setup: Following a bullish breakout from Sideways Channel ($0.50-$0.60), price broke above 200-day moving average, which confirmed a bullish trend reversal to Uptrend.
Price reached our target of $1.00 resistance where it got rejected once already. Now we wait for price to either 1) break above $1.00 to signal continuation of uptrend, with upside potential to $1.25, or 2) pull back near $0.75 support for a swing entry in Uptrend with upside potential back to $1.00. The nearest horizontal support area is $0.75, which also lines up with a 50% Fibonacci retracement level. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance: Nearest Support Zone is $0.75 (previous resistance), then $0.60. The nearest Resistance Zone is $1.00, then $1.25.
$MATIC
#BinanceTournament #BTC #MATICAnalysis
Bullish ( To The Moon )
89%
Bearish ( To The Hell )
11%
19 votes • Voting closed
$MATIC Trade Idea 💡
Spot & Futures
Entry : Current Price 0.75 $ - 0.77$
TP 1 : 0.85$
TP 2 : 0.88$
Will Keep Sharing Updates 🚀
#MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #SignalAlert #signaloftheday $MATIC
Spot & Futures
Entry : Current Price 0.75 $ - 0.77$
TP 1 : 0.85$
TP 2 : 0.88$
Will Keep Sharing Updates 🚀
#MATIC🔥🔥 #MATICAnalysis #MATICPricePrediction #SignalAlert #signaloftheday $MATIC