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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/matic-price-to-hit-1-by-november-14th-heres-why/">MATIC Price to Hit $1 By November 14th: Here’s Why</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>Polygon’s MATIC has taken center stage as co-founder Sandeep Nailwal hinted at significant announcements slated for November 9 and November 14. The crypto community is excited, speculating that these revelations could propel MATIC’s price to the coveted $1 mark.</p>
<h2 class="wp-block-heading" id="strong-matic-soars-amid-community-anticipation-strong"><strong>MATIC Soars Amid Community Anticipation</strong></h2>
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   <p lang="en" dir="ltr">Are you ready?<br><br>9th November<br><br>14th November<br><br>Stay tuned!</p>— Sandeep Nailwal | sandeep. polygon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f49c.png" alt="💜" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@sandeepnailwal) <a href="https://twitter.com/sandeepnailwal/status/1721989331588415643?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 7, 2023</a>
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<p>On November 7, Nailwal took to Twitter, urging the Polygon community to stay tuned for November 9 and November 14 announcements. The tweet has ignited wild speculations, keeping community members eagerly awaiting potential game-changing news.</p>
<p>Yesterday, the Near Foundation, the nonprofit behind the Near Protocol, unveiled a collaboration with Polygon Labs, a firm specializing in Ethereum scaling solutions. This partnership aims to enhance interoperability across blockchain networks, positioning Near Protocol as an Ethereum Layer 2 solution using Polygon’s ZK technology.</p>
<p>Notably, the Near Foundation collaboration wasn’t the announcement hinted at in Nailwal’s tweet, leaving the crypto space in suspense about what additional surprises may be in store for MATIC.</p>
<h2 class="wp-block-heading" id="h-matic-to-1-by-nov-14"><strong>MATIC to $1 by Nov 14</strong></h2>
<p>Adding to the positive sentiment, MATIC achieved a significant milestone by reclaiming the 200-day Moving Average (200MA) for the first time since April. Market analysts view this technical achievement as a favorable indicator.</p>
<p>The community’s excitement is reflected in the price charts, with MATIC leading other major altcoins in price gains. Currently trading at $0.8175, the coin has witnessed a 9.85% gain in the past 24 hours.</p>
<p>If buying pressure persists, there’s potential for a 15% rise in the MATIC price, targeting the next key resistance zone at $1.04. The Fibonacci Retracement tool indicates that the 23.6% level aligns with this resistance, forming a significant barrier.</p>
<p>As today’s announcement looms, the crypto community is on high alert, anticipating potential surges in MATIC’s value.</p>

MATIC Price to Hit $1 By November 14th: Here’s Why

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