Summary
TLDR: Polygon’s price aims to recover with a 21% rally, supported by investors holding onto their tokens and transferring to mid-term holders. If it breaks $0.70 resistance, it could surge to $0.81, but falling below $0.65 support could lead to further losses. MACD indicator suggests a potential reversal in the coming days. Always do your own research before making financial decisions.
Key Points
1. Polygon’s (MATIC) price aims to recover the losses it recently endured gradually, starting with a 21% rally.
2. With the support of its holders, the altcoin will likely make the rise sooner than anticipated.
3. One of the biggest influences on MATIC price action is the behavior of the investors, which is key in assuring recovery from now on. As MATIC holders make bullish moves, prices will also witness growth, and their intentions will be clearly visible in their actions.