{"id":13388,"date":"2022-11-25T21:39:42","date_gmt":"2022-11-25T21:39:42","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/25\/has-polygons-matic-usd-lost-its-mojo-or-should-you-buy-it-now\/"},"modified":"2022-11-25T21:39:42","modified_gmt":"2022-11-25T21:39:42","slug":"has-polygons-matic-usd-lost-its-mojo-or-should-you-buy-it-now","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/25\/has-polygons-matic-usd-lost-its-mojo-or-should-you-buy-it-now\/","title":{"rendered":"Has Polygon\u2019s (MATIC\/USD) lost its mojo, or should you buy it now?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666080344313-f671a927-4c2e-49fa-b610-afdfb105cb63-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666080344313-f671a927-4c2e-49fa-b610-afdfb105cb63-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666080344313-f671a927-4c2e-49fa-b610-afdfb105cb63-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666080344313-f671a927-4c2e-49fa-b610-afdfb105cb63-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2017\/06\/1666080344313-f671a927-4c2e-49fa-b610-afdfb105cb63.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polygon token has lost 2% within the day and 6% in every week<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Bulls proceed to defend $0.77 amid weak momentum<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">We want additional worth motion to determine the potential route for MATIC.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Polygon\u2019s (MATIC\/USD) is a type of\u00a0<a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrencies<\/u><\/a> that has endured the bear turbulence fairly nicely. The cryptocurrency appeared prime for a sustained restoration after hitting $1.30 in early November. However, a contagion of dangers within the crypto sector pushed MATIC to the $0.77 help. As of press time, the token traded at $0.83, with an intraday lack of 2%.<\/p>\n<p dir=\"ltr\">Polygon has been distinctive when it comes to onboarding tasks into its ecosystem. The newest\u00a0<a href=\"https:\/\/coinjournal.net\/news\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrency news<\/u><\/a> concerned Nike launching an NFT market on Polygon. The around-a-week-old growth was welcome among the many Polygon fanatics. Unique addresses on the community hit a file 190.95 million as of November 14. Nike\u2019s partnership underlines huge manufacturers courting Polygon for his or her web3 plans. Meta is one other entity that has introduced plans to make use of Polygon for its NFT challenge.\u00a0<\/p>\n<p dir=\"ltr\">The constructive developments have allowed MATIC token to remain bullish, though a weekly lack of 6% should not go unnoticed.<\/p>\n<h2 dir=\"ltr\"><strong>MATIC trades with weak momentum, however bulls defend $0.77<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/10\/25\/1669407388100-326611f8-96ef-4d2f-85bc-84628edda911.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"312\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>MATIC\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">On the each day chart, momentum is weak for MATIC, with the MACD indicator dipping additional into the bearish territory.<\/p>\n<p dir=\"ltr\">A restoration above the $0.77 help was curtailed by the 50-day transferring common, which has since compelled a correction. The cryptocurrency trades beneath the 20-day and 50-day MA.<\/p>\n<h2 dir=\"ltr\"><strong>What subsequent for MATIC?<\/strong><\/h2>\n<p dir=\"ltr\">The\u00a0<a href=\"https:\/\/coinjournal.net\/polygon\/price\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>price of MATIC<\/u><\/a> is combined. The technical indicators present that the cryptocurrency is bearish. However, the bulls have efficiently defended an important $0.77 help. It means any potential bullish reversal should start from the extent. Further worth motion is required to make a bullish or bearish name.<\/p>\n<h2 dir=\"ltr\"><strong>Where to buy MATIC<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro presents a variety of cryptos, resembling Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTUxOTc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy MATIC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency trade which presents buying and selling in fiat currencies or common cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which presents customers an intuitive interface, a excessive diploma of safety to your digital property, wonderful buyer help and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTUxOTc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy MATIC with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/has-polygons-matic-lost-its-mojo-or-should-you-buy-it-now\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polygon token has lost 2% within the day and 6% in every week Bulls proceed to defend $0.77 amid weak momentum We want additional worth motion to determine the potential route for MATIC. Polygon\u2019s (MATIC\/USD) is a type of\u00a0cryptocurrencies that has endured the bear turbulence fairly nicely. The cryptocurrency appeared prime for a sustained [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[132,959,4410,5286,2527],"class_list":["post-13388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buy","tag-lost","tag-maticusd","tag-mojo","tag-polygons","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=13388"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13388\/revisions"}],"predecessor-version":[{"id":13389,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13388\/revisions\/13389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10928"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=13388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=13388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=13388"}],"curies":[{"name":"wp","href":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