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MATIC, the Polygon network’s native currency, is the greatest performance among the top 20 cryptocurrencies by market cap. In the previous 24 hours, the coin’s value has increased by more than 6%, outperforming the larger market.According to price analysis, The MATIC/USD 4-hour chart is bullish because Polygon has performed nicely over the last 24 hours. Following a fall earlier this week, technical indications imply that MATIC’s metrics are improving.<a href="https://www.coingabbar.com/en/crypto-currency/matic-network-matic-prices-usd" rel="noopener noreferrer nofollow">MATIC’s</a> MACD line is above the neutral zone, indicating positive momentum. The 14-day RSI of 69 suggests that MATIC may be nearing the overbought zone if the current positive pattern continues.MATIC is currently trading at $0.8940 per coin at the time of posting. If the bulls remain in control, MATIC may break over the first major resistance level at $0.9489.However, unless there is a strong bullish run, MATIC may struggle to break through August’s high of $1.057 in the near term.The next major resistance is located at the $0.9500 levels. A clear break above the $0.9500 resistance level might push the price above $1.0600. Any further increases might trigger a consistent move towards the $1.2000 resistance zone.If MATIC fails to break through the $0.9500 resistance level, it may fall further. On the downside, there is immediate support at the $0.8000 level.The next key support is located at $0.7500. A breach below the $0.7500 support level might trigger a sharp move below $0.6700. Any more losses may require a move to $0.6000 in the near term.KEY LEVELS :RESISTANCE LEVEL : $1.0000-$1.1000SUPPORT LEVEL : $0.8000-$0.7000Get more crypto related updates on :-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: POLYGON PRICE ANALYSIS : MATIC is up 6 Percent as a result of Robinhood’s assistance, bulls eye on $1.000

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