MATIC Price Demonstrated Bullishness, How Soon Will It Touch $1?

Matic price had been on a bearish signal past several days. the Matic coin hasn't made any progress in terms of price appreciation on the last day, Matic registered a 2%

MATIC Price Demonstrated Bullishness, How Soon Will It Touch $1?

Right now Polygon's price is the $1 price mark. The price of Matic has been stuck below the $1 mark for months now, every time the bulls start to pick up momentum, the coin was met with selling pressure. 

The live Polygon price today is $0.926884 with a 24-hour trading volume of $797,093,606. MATIC to USD price in real-time. Polygon is up 0.62% in the last 24 hours. The current CoinMarketCap ranking is #14, with a live market cap of $7,447,333,804 USD. It has a circulating supply of 8,034,803,943 MATIC coins and a max. supply of 10,000,000,000 MATIC coins.

Matic to invalidate the bearish thesis completely the coin trades above the $1 mark for a considerable duration technical outlook for the coin must be turned positive, this positive reading could soon lose steam if buying strength doesn't remain consistent over the next trading sessions. 

Source: MATICUSD on TradingView

Matic price was trading close to its $1 price mark, the bulls tried to push the price towards $1 mark at the end of last month but it was invalidated by sellers in the market 

Source: MATICUSD on TradingView

The present price level will drag the altcoin down to $0.73 and then eventually to $0.68 amount of Matic traded in the past session fell on the chart.

CMF stood above the half-line into the positive zone as the coin registered an increased amount of capital inflows than outflows for MATIC to soar past $1 broader market strength and buying pressure will be required.

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