Polygon’s native cryptocurrency MATIC has seen a remarkable resurgence in recent days, with its price skyrocketing over 20% to break through the significant $1 barrier. This surge comes alongside record-high trading volumes crossing $400 million on Polygon’s network.
Keypoints
- MATIC price surged over 20% recently, breaking the $1 barrier
- Polygon trading volume reached a new milestone of $400 million
- MATIC emerged from a symmetrical triangle, with potential to reach $1.73
- Analysts predict MATIC is poised for a breakout rally, possibly reaching $5
- MATIC’s 2021 rally saw massive gains of over 9,400%
Analysts have highlighted MATIC’s breakout from a long-term symmetrical triangle consolidation pattern on its price chart. This often precedes major moves, with price targets now set at $1.73 according to expert technical analysis.
Bulls are even more optimistic, with forecasts of MATIC reaching up to $5 in an epic…
