Polygon's MATIC Token Could Rise Higher if Resistance is Broken

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Polygon's MATIC Token Could Rise Higher if Resistance is Broken
PolygonMATICResistance
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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

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