Click CTRL+D or CMD+D

Polygon Price Prediction 2022 | 28 February | MATIC Market Update

Polygon Price Prediction 2022 | 28 February | MATIC Market Update

Kavya Barua

Kavya Barua is a voracious learner captivated by crypto and Fintech breakthroughs. Graduated from the University of Delhi's B.A (Hons) English program at Janki Devi Memorial College. She desires to be a successful professional with a strong interest in learning and accomplishing outcomes.

Table of Contents

Polygon lays the groundwork for a quick 20% increase. Polygon Price Prediction 2022 to perform a 180. After piercing a bearish breaker extending from $1.75 to $2.15, the MATIC price fell 40%. The resulting correction shattered the $1.44 daily support level. However, this downturn also served as a liquidity run below the January 24 swing low of $1.30, signalling the start of a bullish move.

Let’s dig into the Polygon’s Technical Movement.

Polygon Price Prediction 2022

The second indicator is the recent uptick, which pushed MATIC price past the $1.44 resistance level and into the support zone. As a result, investors can expect Polygon to continue its ascent for another 20%, with the lower limit of the breaker set at $1.75.

Polygon Price Prediction 2022 | 28 February | MATIC Market Update imgpsh fullsize anim | BuyUcoin

In a highly bullish scenario, MATIC price could break through the breaker and head for the weekly resistance level of $1.94. This move would represent a 33% gain and is most likely where the short-term uptrend will make a local top.

While everything appears to be in place for a reversal, the MATIC price must remain above the $1.44 support level. When this barrier is breached, it reveals that the bulls are unwilling or unable to follow through.

In this case, a four-hour candlestick close below $1.30 will result in a lower low, invalidating the bullish thesis. This move may be critical in triggering a further decline to the $1.22 support level.

[wpdiscuz-feedback id=”muzh6ywfel” question=”Please leave a feedback on this” opened=”0″][/wpdiscuz-feedback]

Read More About Polygon

Buy MATIC in India At The Best Price

Stay Tuned and Subscribe, for Polygon Price Prediction 2022 Daily Updates.


All Articles


Get Free Bitcoin on Trading

Join BuyUcoin Trade & Win up to ₹100 Worth of Bitcoin, Ethereum & Chainlink.
Use BUYUCOINFREBTC Coupon on Signup, Visit rewards Section to claim your reward.
Claim Now