{"id":13797,"date":"2022-12-02T23:11:42","date_gmt":"2022-12-02T23:11:42","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/02\/polygon-matic-usd-becomes-bullish-when-to-buy-the-token\/"},"modified":"2022-12-02T23:11:42","modified_gmt":"2022-12-02T23:11:42","slug":"polygon-matic-usd-becomes-bullish-when-to-buy-the-token","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/02\/polygon-matic-usd-becomes-bullish-when-to-buy-the-token\/","title":{"rendered":"Polygon (MATIC\/USD) becomes bullish. When to buy the token?"},"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\/1970\/01\/1670011012733-f1ab6e8a-a376-4e98-a2e3-fd6d12664f7b-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011012733-f1ab6e8a-a376-4e98-a2e3-fd6d12664f7b-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011012733-f1ab6e8a-a376-4e98-a2e3-fd6d12664f7b-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011012733-f1ab6e8a-a376-4e98-a2e3-fd6d12664f7b-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670011012733-f1ab6e8a-a376-4e98-a2e3-fd6d12664f7b.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polygon has onboarded Indian retailer Flipkart for Web3 growth<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The native token has hit a resistance<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">A breakout is on the horizon if patrons proceed to push the worth larger<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/polygon\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Polygon<\/u><\/a> (MATIC\/USD) bulls have efficiently defended $0.77 towards the bear insurgence. The token initiated a restoration at the essential help zone and traded at $0.91 as of press time. MATIC should overcome a minor resistance of $0.96 to see additional beneficial properties.<\/p>\n<p dir=\"ltr\">Once once more, MATIC worth is displaying resilience amid rising adoption. On December 2, India\u2019s main e-commerce entity Flipkart introduced a collaboration with Polygon. The collaboration will see Polygon assist deploy a blockchain-based e-commerce platform for the retailer. The companies may also collaborate on analysis on different use circumstances of blockchain, Web3, and the metaverse.<\/p>\n<p dir=\"ltr\">Despite MATIC falling by 2% on the day after hitting resistance, the partnership is a validation of the Layer-2 answer. Already, Polygon is attracting curiosity from companies looking for entry into Web3, notably Reddit and Starbucks. Should the newest growth appeal to patrons, MATIC might discover ranges above $1 subsequent.<\/p>\n<h2 dir=\"ltr\"><strong>MATIC hits resistance in a bullish surge<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/02\/1670011093989-16ac05a9-2d3f-4433-bd1a-170c991d25cd.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"294\"\/><\/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\">Technically, MATIC trades barely beneath an important resistance. A worth restoration above the $0.77 help noticed the RSI transfer above the midpoint. It suggests the entry of patrons at the essential help zone.<\/p>\n<p dir=\"ltr\">Similarly, the MACD indicator reveals that momentum is enhancing for MATIC. A bullish MACD crossover was initiated, though the indicator stays beneath the impartial zone.<\/p>\n<h2 dir=\"ltr\"><strong>Should you buy MATIC?<\/strong><\/h2>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/polygon\/buy\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Buying MATIC<\/u><\/a> now could be untimely as the cryptocurrency trades beneath a resistance stage. We want a break above $0.96 to buy the token. Should a breakout happen at the resistance, MATIC might rise to $1.3. The stage round $1.05 might supply some minor resistance for the cryptocurrency.<\/p>\n<p dir=\"ltr\">Conversely, if bears win the contest at the resistance, the help at $0.77 will likely be in sight. The stage might additionally appeal to patrons primarily based on the prevailing sentiment and worth motion. Investors ought to watch both worth motion for an opportunity to buy MATIC.<\/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, reminiscent of Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTU3NzY&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 alternate which presents buying and selling in fiat currencies or standard cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which presents customers an intuitive interface, a excessive diploma of safety in your digital belongings, glorious buyer help and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTU3NzY&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\/polygons-matic-becomes-bullish-when-to-buy-the-token\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polygon has onboarded Indian retailer Flipkart for Web3 growth The native token has hit a resistance A breakout is on the horizon if patrons proceed to push the worth larger Polygon (MATIC\/USD) bulls have efficiently defended $0.77 towards the bear insurgence. The token initiated a restoration at the essential help zone and traded at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13799,"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":[539,132,4410,351,247],"class_list":["post-13797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bullish","tag-buy","tag-maticusd","tag-polygon","tag-token","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\/13797","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=13797"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13797\/revisions"}],"predecessor-version":[{"id":13798,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13797\/revisions\/13798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/13799"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=13797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=13797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=13797"}],"curies":[{"name":"wp","href"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