{"id":37188,"date":"2024-01-29T08:51:12","date_gmt":"2024-01-29T08:51:12","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2024\/01\/29\/is-matic-gearing-up-for-rebound-to-1-50\/"},"modified":"2024-01-29T08:51:12","modified_gmt":"2024-01-29T08:51:12","slug":"is-matic-gearing-up-for-rebound-to-1-50","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2024\/01\/29\/is-matic-gearing-up-for-rebound-to-1-50\/","title":{"rendered":"Is MATIC Gearing Up For Rebound To $1.50?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Polygon (MATIC), one of many large-cap cryptocurrencies, has been scrambling with a significant value drop currently. However, a crypto analyst has rolled out an optimistic prediction for the <a href=\"https:\/\/coingape.com\/polygon-matic-hits-0-90-time-to-buy-before-bullish-rally\/\" target=\"_blank\" rel=\"noopener\">Polygon<\/a> value. The analyst expects MATIC to surge past $1.25 within the subsequent bull run, indicating a aid for the crypto\u2019s supporters.<\/p>\n<h2>Will Polygon Touch $1.50 Soon?<\/h2>\n<p>According to a put up on X by Micha\u00ebl van de Poppe, the CEO and Founder of MN Trading Consultancy, Polygon is poised for a reversal quickly with a goal vary of $1.25 to $1.50. The analyst famous that the <a href=\"https:\/\/coingape.com\/polygon-unveils-unified-portal-for-web3-interactions-matic-price-to-rally\/\" target=\"_blank\" rel=\"noopener\">MATIC<\/a> token has been sustaining increased timeframe assist ranges at present.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>In addition, he said that there was a major absorption of liquidity currently, indicating a possible bullish flip. However, Poppe additionally famous that the Polygon value has been underperforming not too long ago. On the opposite, he added that regardless of the sluggish efficiency, he predicts an upswing to comply with quickly.<\/p>\n<figure style=\"width: 801px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" alt=\"Polygon Price\" width=\"801\" height=\"430\" src=\"https:\/\/pbs.twimg.com\/media\/GE7DuICWkAABUVh?format=png&amp;name=small\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GE7DuICWkAABUVh?format=png&amp;name=small\" alt=\"Polygon Price\" width=\"801\" height=\"430\"\/><\/noscript><figcaption class=\"wp-caption-text\"><em>Polygon Price Chart Analysis, Source: Micha\u00ebl van de Poppe | X<\/em><\/figcaption><\/figure>\n<p>Based on the Polygon value evaluation by Poppe, a 90% surge will be anticipated for MATIC, contemplating the present value development orbiting round $0.79. Moreover, Polygon would bounce again to the highs attained in February final 12 months, marking a notable milestone.<\/p>\n<p>Earlier, in late December 2023, Poppe anticipated Polygon to the touch $1.30 after getting into the $0.89 to $0.96 area. However, the MATIC value has plunged 20% since. Whilst, it&#8217;s estimated that the newest prediction may come true provided that Polygon surges previous $0.89, aligning with the December evaluation.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/polygon-zkevm-plots-major-upgrade-heres-what-will-change\/\" target=\"_blank\" rel=\"noopener\">Polygon zkEVM Plots Major Upgrade, Here\u2019s What Will Change<\/a><\/strong><\/p>\n<h2>Polygon Price Loses 20% In A Month<\/h2>\n<p>Polygon has recorded a month-to-month lack of over 20% in its worth and is at present extending additional losses. Furthermore, the <a href=\"https:\/\/coingape.com\/price\/polygon\/\" target=\"_blank\" rel=\"noopener\">Polygon price<\/a> prolonged under the $0.79 mark at the moment, marking one other disadvantage. At press time, the MATIC value was down by 1.70% to $0.787 on Monday, January 29, 2024.<\/p>\n<p>Meanwhile, the Polygon market cap stood at $7.55 billion, indicating a 1.84% decline. In distinction, the crypto\u2019s commerce quantity gained 8.37% to $270.31 million. During the day, MATIC soared to a peak of $0.8097 however finally slumped to a low of $0.7824. In addition, the crypto has misplaced 32% in worth within the final 12 months.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>According to <a rel=\"nofollow noopener\" href=\"https:\/\/in.tradingview.com\/symbols\/MATICUSDT\/technicals\/\" target=\"_blank\">TradingView<\/a> stats, Polygon\u2019s RSI worth stands at 46.5730, indicating a impartial sentiment. On the opposite hand, the 50-day and 100-day EMAs of 0.8188 and 0.7937, respectively, counsel a bearish development because the MATIC value is buying and selling under the EMA ranges. However, a short-term bullish sentiment will be recognized since Polygon is valued pretty above the 10-day EMA of 0.7768.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/blog\/will-polygon-matic-keep-dropping\/\" target=\"_blank\" rel=\"noopener\">Polygon Matic Price: Will Polygon Matic Keep Dropping in 2024?<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/is-polygon-matic-price-gearing-up-for-rebound-to-1-50\/\" target=\"_blank\" style=\"display: block\" rel=\"noopener\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/is-polygon-matic-price-gearing-up-for-rebound-to-1-50\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here&rsquo;s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA177145\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>CoinGape contains an skilled group of native content material writers and editors working around the clock to cowl information globally and current information as a reality quite than an opinion. CoinGape writers and reporters contributed to this text.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD177145\">\n<p>  The introduced content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/x-blocks-taylor-swift-searches-over-ai-image-controversy\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail 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However, a crypto analyst has rolled out an optimistic prediction for the Polygon value. The analyst expects MATIC to surge past $1.25 within the subsequent bull run, indicating a aid for the crypto\u2019s supporters. Will Polygon Touch $1.50 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37190,"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":[14],"tags":[2869,352,623],"class_list":["post-37188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-gearing","tag-matic","tag-rebound","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\/37188","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=37188"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/37188\/revisions"}],"predecessor-version":[{"id":37189,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/37188\/revisions\/37189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/37190"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=37188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=37188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=37188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","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