Polygon

<ul><li>MATIC is consolidating within a parallel channel with current price at $0.7297.</li><li>A breakout above $0.76 for Polygon (MATIC) could trigger a 17% surge, pushing the price to $0.88.</li><li>Polygon (MATIC) shows potential upward momentum towards $0.8750.</li></ul>According to a recent observation and an X <a href="https://x.com/ali_charts/status/1792981684587208835" rel="noopener noreferrer nofollow">post</a> by the analyst, Ali Martinez, Polygon (MATIC) has been consolidating within a parallel channel over the past month. This period of consolidation suggests a significant potential for movement, with a breakout above $0.76 potentially triggering a 17% surge, propelling MATIC to $0.88. Per Ali, the price range for MATIC is defined by several key levels: the upper boundary of the channel is approximately $0.8750, the lower boundary stands around $0.6650, and the pivotal mid-level is around $0.7700.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e0d67dde676c437ba2716d87a14c0276.png" />The chart analysis reveals a period marked by significant volatility within a defined range. From late April to early May, <a href="https://cryptotale.org/matic-set-for-major-comeback-analysts-predict-significant-gains/" rel="noopener noreferrer nofollow">MATIC&#39;s</a> price exhibited substantial fluctuations but remained predominantly below the mid-level of $0.7700. In mid-May, the price showed signs of upward momentum, moving towards the upper end of the range. MATIC&#39;s price action highlights several important patterns.<a href="https://cryptotale.org/matic-consolidation-hints-at-potential-17-surge-towards-0-88-target/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MATIC Consolidation Hints at Potential 17% Surge Towards $0.88 Target

CryptoTale

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