Polygon (which fell 57 percent between April and June) MATIC), has increased by 40.43 percent in the last 2 weeks, mobilizing the investor mass, albeit a little.
Polygon ($1.19 in early April) MATIC ), by throwing a needle at $0.50 at the beginning of June, lost a total of 58 percent in value. MATIC, one of the best-performing altcoins in the first quarter of 2023, came to this price months later, creating an eviction for both investors and its ecosystem. from Bitcoin ( BTC), the major coin, which took the opportunity to move upwards, came to $ 0.708 and experienced a total increase of 40.43 percent.
Critical Levels in Polygon (MATIC)
MATIC, which found buyers at $ 0.66 as of the writing of the news, can target 0.76 – 0.82 – 0.943 – 0.98 and 1.19 dollars, respectively, if it can maintain its momentum with BTC. In this process, where fundamental analysis along with technical analysis is of critical importance, developments in Polygon can be followed closely.
In the case of the resumption of the downtrend in MATIC, the critical support levels that can be followed are $0.50 and $0.41. Buyers can be expected to take an active role at $ 0.41. Otherwise, MATIC may start a long-term bear market independently.
