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Polygon Price Analysis Hints Major Reversal to $1.5 As Buyers Hit Key Resistance 

source-logo  coingape.com  + 1 more 27 May 2024 15:50, UTC

Polygon Price Analysis: MATIC, the native cryptocurrency of the Polygon network, has been trading sideways since last week, struggling to surpass the $0.768 resistance. The consolidation is following the lead of Ethereum amid uncertainty around Spot ETH ETF. With the broader market yet to signal a clear sign of renewed recovery, the overhead supply could prolong the lateral trend in MATIC intact since mid-April.


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