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Polygon Price Prediction: MATIC Eyes End-of-Correction Trend With This Breakout

source-logo  coingape.com 17 July 2024 21:51, UTC

Defying the market downtick on Wednesday, the Polygon price prediction shows an over 2% surge to hit $0.55. This bullish momentum intact for the past weeks now challenges the multi-month resistance of the falling wedge pattern. Amidst the recovery trend, the Polygon launch of Plonky3 could lead to increased demand for MATIC as the native token. But is it enough to escape a 4-month-long correction?

coingape.com