- MATIC struggles to break past the region of $1.3 as price lags in a range market
- MATIC price sits in key support zone as price struggles to rekindle its bullish momentum
The past few weeks haven’t been fair to Polygon Matic token (MATIC) as the price has struggled to show real price action despite other altcoins showing strength, rallying with over 20% gains as the price of MATIC remains in a range price movement.
The price of MATIC has shown less price action compared to previous months of January and February as the price rallied with Bitcoin from a region of $0.9 to a high of $1.5, where the price of MATIC was faced with resistance to breaking higher above this region proving too difficult to break for polygon Matic token (MATIC).
The price of Bitcoin (BTC) has continued to range as there hasn’t been much price action; this has led to many altcoins, including Ethereum (ETH), showing some great price action rallying from a region of $1,760 to a high of $1,930 as the price of Ethereum (ETH) prepares to hit $2,000 after months of price decline.
Polygon Matic Token Price Update
The price of MATIC has struggled to regain bullish momentum after losing the region of $1.3 to bears as the price aims to retest the region of $1, where bulls have formed strong buy orders, and this region has been tested as a buy zone.
The price of the polygon Matic token needs to reclaim the region of $1.3, acting as resistance for MATIC; if the price reclaims this region, we could see the price rallying to a high of $1.55 where the price of MATIC was rejected after its impressive rally.
Polygon Matic Price Prediction
Polygon Matic token has good tokenomics with a thriving community backing this project with investors supporting the growth of Polygon Matic. The present price of MATIC is a result of the bear market, polygon Matic is one of the top crypto assets with huge potential, as many analysts speculate that polygon Matic price prediction could go as high as $10 in the next bull market.
Where To Buy Matic Coin
Polygon Matic coin can be purchased on exchanges with peer-to-peer methods or with your credit card. Here are exchanges to buy polygon matic coin;