altFINS

World

Resistance

Polygon

<p>Polygon’s MATIC token has surged over 8% today and 17% this past week. Experts were already expecting a breakout, and MATIC’s push above key resistance now has them forecasting further upside.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="581" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-1024x581.png" alt="" class="wp-image-362027" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-1024x581.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-768x436.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-1536x872.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-2048x1163.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-264x150.png 264w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-616x350.png 616w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599-788x447.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-599.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="critical-resistance-broken">Critical Resistance Broken</h2>
<p>According to <a href="https://twitter.com/ZAYKCharts/status/1715729541132599792?t=bc_lvEQCUU4vMd5N6BCWeg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">ZAYK</a> Charts, MATIC’s trendline was weakening, signaling an imminent breakout. World of Charts also <a href="https://twitter.com/WorldOfCharts1/status/1715961399048806800?t=-QfmxCa9puCuKOW6zvRf1w&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> a bullish falling wedge pattern in the daily timeframe. He projected a rally over<em> “100-120%”</em> once the breakout triggered.</p>
<p>Per analysis from AltFINS, MATIC faced strong resistance around $0.60 where it peaked in late September. But MATIC has now broken decisively above this level.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-1024x573.png" alt="" class="wp-image-362035" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-2048x1146.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-600-788x441.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>AltFINS notes that climbing above $0.60 resistance opens the door for MATIC to surge towards the next resistance around $0.75.</p>
<h2 class="wp-block-heading" id="further-upside-ahead">Further Upside Ahead</h2>
<p>MATIC has cleared the critical resistance that experts were monitoring around $0.60. With this breakout achieved, analysts agree the path forward looks bullish for MATIC.</p>
<p>Targets mentioned include the $0.75 zone and even 100-120% returns from breakout levels. As MATIC maintains momentum above $0.60, further upside appears in store according to expert projections.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/why-is-matic-pumping-experts-agree-polygon-price-could-get-this-high/">Why is MATIC Pumping? Experts Agree Polygon Price Could Get This High</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why is MATIC Pumping? Experts Agree Polygon Price Could Get This High

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