The analyst predicts that the Polygon native token, MATIC, has the potential to rise higher if it breaks the $1.34 resistance. However, extreme volatility is expected once the resistance is flipped.
The analyst predicts that the Polygon native token, MATIC , has the potential to rise higher if it breaks the $1.34 resistance. However, extreme volatility is expected once the resistance is flipped. If the momentum is bullish, the price of MATIC could extend above $2. Currently, MATIC is trading at $1.25, with a 10% increase in the last seven days. The volume is one billion, indicating a possible upward trend.
Traders should be cautious of changes in volume as it could weaken the bullish trend or lead to a breakthrough of the resistance. The circulation of MATIC has decreased to 32.23 million
Polygon MATIC Resistance Volatility Bullish Trend Circulation Volume
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