Polygon (MATIC) Shows Potential Bull Run Amid Market Downturn

Despite the recent downturn in cryptocurrency prices, Polygon (MATIC) is still showing signs of potential growth. Trading between $0.41 and $0.56, the resistance level is $0.64, but the support level is $0.35. If the bulls gain strength and break through the $0.64 resistance level, the price may surge to $0.78, indicating a gain of about 30%.

The RSI is 62.20, indicating that it is not overbought yet. Although the short-term outlook is down nearly 11% in a week and nearly 25% in a month, the current trend echoes the beginning of 2021, suggesting a possible bull run.

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