Polygon – MATIC Token

Crypto News Today – What Can We Expect From MATIC

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Crypto News Today – What Can We Expect From MATIC
00:25 Intro
02:48 Crypto News
05:48 MATIC news
06:15 Bitcoin Price
07:42 Ethereum Technical Analysis
14:49 outro
The boom week for Polygon, a framework aimed at improving the interaction between the Ethereum blockchain and compatible networks, shows no signs of fading.



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It’s a coin that has already experienced big price swings since late April 2021, and it’s still in that carousel, its price up more than 34% in the week to date (Dec. 2).

MATIC hit a record high of $2.68 in May. Although it dropped below $0.7 in July, it rose back above $2 in late October.

However, it is still 22% below its May high. As of this writing (Dec. 2), the non-mining MATIC token is trading around $2.09, giving it a market capitalization of $14.69 billion and making it the 15th largest cryptocurrency, according to CoinMarketCap.

MATIC has been one of the leaders in cryptocurrency growth this year. Since the beginning of 2021, the price has risen from $0.01 on Jan. 1, 2021, to its current level of $1.78 (Nov. 30).

MATIC, Polygon’s own token, rose about 760% in a four-week spike, rising from $0.34 on April 20, 2021 to a record high of $2.68 on May 18, 2021.

After a record high, MATIC fell to $1.09 on May 23, but soon recovered on May 26, 2021, to $2.21. The token price gradually dropped to $0.69 by July 20, 2021, but has been gaining momentum ever since.

By the end of October, MATIC’s price reached a new high of $2.13. Since then, the token has lost some of its strength, rising from $2.13 on Oct. 28 to $1.58 as we move through November 2021.

Will the MATIC token be able to overcome the latest pressure and resume bullish momentum in what’s left of 2021 and beyond?

Given Matic’s short- and medium-term outlook against the U.S. dollar this year, traders should pay attention to several support and resistance levels.

As of December 2, the nearest support level is $1.83, followed by $1.65. The nearest resistance level is $2.14, then $2.27.
#polygon #matic #cryptocurrency

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Mnoare Habib
Mnoare Habib
1 month ago

thank you so much. for you informative video. if this tribe very well.. I am always with you. thank you.

Pial R h
Pial R h
1 month ago

о, это было хорошо

Вікторія Соловей
Вікторія Соловей
1 month ago

Відео підходить для розуміння і не скучно дивитися