MATIC Jumps 34% — Can It Reach the $2 Mark?
Join Our Telegram channel to stay up to date on breaking news coverage The MATIC price has risen steadily over the past four weeks despite the volatility of the market. Given Polygon’s position in the DeFi sector, this ascent is also likely to continue growing in the years to come. This, together with rising demand and optimistic market sentiment, may drive MATIC’s price above $1. The Price of MATIC Is Inching Closer to Key Resistance Levels MATIC’s price rose in tandem with other coins like Ethereum and Dogecoin. Nonetheless, MATIC’s monthly growth surpassed that of other major cryptocurrencies, with the Altcoin increasing in value by about 34%. At its current price of $0.93, MATIC is getting dangerously near to $1, a key psychological barrier level. With a further bullish indication , MATIC has a good chance of reaching this level in the next few days. However, the Relative Strength Index (RSI) is approaching the overbought zone, so similar ...