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    You are at:Home » Buy Polygon for 20% Gains? Polygon Crypto Next Target
    Crypto

    Buy Polygon for 20% Gains? Polygon Crypto Next Target

    James WilsonBy James WilsonMarch 11, 2025No Comments2 Mins Read
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    Polygon, which was recently Matic is trading on a breakout price pattern and can give good returns in the short term. The crypto has corrected from recent highs and is now at a good buying level.

    In this article, we will try to find polygon crypto price target by looking at price chart ad indicators.

    For on-demand analysis of any cryptocurrency, join our Telegram channel.

    Polygon Crypto Next Target

    • Price: $0.2569
    • 24-Hour Price Change: +0.83%
    • Intraday High: $0.2599
    • Intraday Low: $0.2486
    • Market Capitalization: $491.66 million
    • 24-Hour Trading Volume: $3.23 million
    • Circulating Supply: 1.91 billion MATIC
    • Total Supply: 10 billion MATIC
    Polygon Crypto Next Target

    Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with +20% upside potential to $0.35 resistance. Stop Loss at $0.225.

    This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.

    Technical Indicators

    • Patterns: Falling Wedge which usually results in a bullish breakout.
    • Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
    • Momentum: Price is Oversold currently.
    • Support and Resistance: Nearest Resistance Zone is $0.35, then $0.43.

    Recent News

    • MATIC to POL Upgrade: Polygon has initiated the upgrade from MATIC to POL on Ethereum’s mainnet.

    For on-demand analysis of any cryptocurrency, join our Telegram channel.

    Harsh PanghalHarsh Panghal

    Harsh Panghal

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    James Wilson

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