The crypto space has made a large move since the beginning of the present day’s trade as the Bitcoin price showcase huge bullish momentum. And hence the top altcoins are also heading strongly towards their respective resistance. Therefore, Polygon price is also displaying a huge bullish tendency.
The price flipped from the lower support just below $1.4 levels and maintained a substantial uptrend. This uptrend continued until the price ranged high above $1.5 levels. However, the asset is yet to test the upper pivotal resistance close to $1.7. This may not be an easy job but the MATIC price may achieve in the next couple of days.
Also Read: Bitcoin(BTC) Price to Form a New ATH Above $72,000 in July or August 2022!
On the other hand, the Polygon platform has announced a couple of updates which is believed to be pretty massive. The platform believes with the release of Polygon’s multi-chain Ethereum is about to explode very soon. And hence with the release of the two products, the MATIC price may undergo an extremely bullish trend!
Also Read: SOL Price Primed to hit $246 During the Mid- Q2 2022! Is it the Good Time to Buy Solana?
The Story is to be updated!
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