MATIC Price Prediction: Polygon Outlook Amid the Sell-Off (July 1st 2022)
Upon the pump that occurred last week following the release of Polygon ID, Polygon is also declining. The coin’s value increased at that time by almost 100%. One of the few things the network provides in its ecosystem is Polygon ID.
After the debut, the price of MATIC skyrocketed. This is consistent with how other coins trade following a significant launch.
If we compute the same distance towards the upper vertical side from the inverted head, we are likely to obtain that the price point that MATIC will reach next. This is because MATIC recently created an inverted head and shoulder pattern with the RSI level moving below the Oversold level.
Polygon Price Today in India is ? 37.77 with a 24-hour trading volume of ?79,39,48,28,852. In the last 24 hours, MATIC-INR price has increased by 2.81%. Polygon CoinMarketCap rank is 19. The circulation supply of Polygon is 8,00,68,03,852.62MATIC coins, with maximum circulating supply being unlimited.
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Last week MATIC Price Prediction in India 2022
Our 2022 Polygon crypto price projection shows MATIC could surpass the $2.72 retracement level in the short- and medium-term. It must place extra support there at the $1.48 Fibonacci level to achieve this. If not, bears might seize over and dredge MATIC into their domain.
Meanwhile, our positive long-term MATIC price projection for 2022 indicates that MATIC has a good possibility of setting a new record high this year. But only if the coin gets over a number of psychological obstacles will this happen. Here is a list of the cryptocurrencies that will take off in 2022.
Latest MATIC news in India July 2022
POLYGON MATIC AND BITGERT (BRISE) PREPPING FOR A VIOLENT RISE
Some of the cryptocurrencies that performed well over the past few days include the Bitgert (BRISE) and the Polygon Matic. Polygon Matic and the Bitgert have shown incredible resiliency despite the market retreating today and the majority of currencies showing a drop. Crypto specialists claim that Bitgert and Polygon Matic are two examples of the cryptocurrency projects getting ready for a rapid climb in the next months.
One of the most popular cryptocurrency projects, Bitgert, will soon see significant advancements. Bitgert is one of the newest initiatives, having only been in existence for 11 months. In actuality, the Bitgert ecosystem continues to be among the fastest-growing. This is as a result of Bitgert’s rapid release of a large number of goods and initiatives.
The Bitgert BRC20 blockchain is now the fastest and most affordable chain. The robust blockchain has played a significant role in Bitgert’s stellar price growth. One of the reasons Bitgert’s price will soar is the revolutionary blockchain.
However, Bitgert is expected to overtake all other cryptocurrency projects in the coming months thanks to the products on its roadmap V2. The Bitgert roadmap V2’s various products, including the Bitgert NFT marketplace, Bitgert CEX, and others, will be widely adopted, which will dramatically accelerate Bitgert growth. The Bitgert chain will see a lot of new projects over the next few months.
Similar to Bitgert, Polygon Matic will see a lot of advancements in the near future. The Polygon Matic team is creating one of the industry’s most potent Web3 platforms. Many Polygon Matic goods, including those from the metaverse, are currently joining the network.
Numerous gaming and metaverse items are being added to the Polygon Matic ecosystem by The Polygon Studio. Products from Polygon Studios are multiplying quickly. The Polygon Matic DeFi is expanding quickly as well. The performance of Polygon Matic TVL demonstrates this. Therefore, Polygon Matic has a lot of exciting things planned, especially the growth of a more appealing Polygon network.
So, Bitgert and Polygon Matic are preparing for a bullish explosion. As a result, cryptocurrency specialists consider Bitgert and Matic to be some of the greatest investments to make right now.
Source: Analyticsinsight
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