Polygon (MATIC) hits all-time highs in intraday trading today – should you buy?

Polygon (MATIC) hits all-time highs in intraday trading today – should you buy?
фото показано с : coinjournal.net

2021-12-24 20:57

Polygon (MATIC) has surged in intraday trading today, hitting an all-time high of $2.7 at one point. The surge was triggered by the arrival of Uniswap V3 on the Polygon network. Uniswap is seen as a very important player in the growth of DeFi. Launching on Polygon is a huge achievement for MATIC investors. Here is what we know.

MATIC saw a bullish uptrend in early trading, surging to $2.7, its new all-time high

Analysts see the uptrend holding in the near term, with MATIC expected to see more gains in the future.

The deployment of Uniswap v3 is set to lift the profile of the Polygon network and bring more DeFi products in the long run. 

Data Source: Tradingview.com

Polygon (MATIC) – Price action and analysis

The bullish surge seen in intraday trading today was largely expected. After all, the launch of Uniswap v3 on Polygon was always going to be a big deal. However, MATIC has actually been on a somewhat bullish trajectory since the start of the week.

The coin did, however, lose some of its all-time high gains. At the time of writing, it was trading at $2.61. But looking at the chart, MATIC is now on an uptrend, and many analysts believe that it's going to see more all-time highs before the end of the year. The coin could also benefit from a market-wide bullish uptrend expected to hit crypto early next year.

Should You Buy MATIC?

The future is bright for Polygon (MATIC). With the deployment of Uniswap v3, more and more DeFi projects are expected to launch on the network. Besides, since its inception, Polygon has processed over 1 billion transactions, making it one of the fastest-growing blockchain projects in the world. It is therefore highly recommended, especially for long-term value investors.

The post Polygon (MATIC) hits all-time highs in intraday trading today – should you buy? appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Open Trading Network (OTN) на Currencies.ru

$ 0 (+0.67%)
Объем 24H $0
Изменеия 24h: 1.44 %, 7d: 12.76 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0064948 (-100%)

intraday today all-time matic polygon trading buy

Источник: coinjournal.net

intraday today → Результатов: 39


Dow, S&P 500, Nasdaq Smash All-Time Highs in Record-Breaking Day

The Dow Jones Industrial Average closed out at an all-time high today at 26,966, as did the S&P 500 at 2,995.82, and the Nasdaq at 8,170.23 – just shy of its intraday high. The Incredible Rising Stock Market The Dow Jones is now up 43 percent since Election Day of 2016, reflecting the country’s optimism […] The post Dow, S&P 500, Nasdaq Smash All-Time Highs in Record-Breaking Day appeared first on CCN Markets

2019-7-4 07:32


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Polygon: 3 key factors that could trigger a 'hated rally' for POL

POL has surged by 17.17% over the past month. An analysts eyes a "hated rally" citing three key factors. Over the past month,  Polygon [POL] has traded in an uptrend. As such, the altcoin hThe post Polygon: 3 key factors that could trigger a 'hated rally' for POL appeared first on AMBCrypto.

Polygon surges 22% in 7 days: Is $0.45 next for POL?

POL has surged by over 22.24% over the past week. Market fundamentals suggested a potential upsurge to a recent high of $0.45. After a sustained decline, Polygon [POL] has seen a turn in forThe post Polygon surges 22% in 7 days: Is $0.45 next for POL? appeared first on AMBCrypto.

POL hits new lows amidst Polygon’s TVL surge: A chance to invest?

POL slips into its lowest ever price point after failing to find a bullish footing. Assessing whether this could be a good opportunity to buy in. POL (formerly MATIC) holders must be throwinThe post POL hits new lows amidst Polygon’s TVL surge: A chance to invest? appeared first on AMBCrypto.

Polygon: Can network growth help POL overcome selling pressure?

Polygon’s DeFi TVL has surged to a 7-month high of $1.16 billion. Despite the network growth, POL still showed bearish signals with a rounding top pattern on its four-hour chart.  POL (foThe post Polygon: Can network growth help POL overcome selling pressure? appeared first on AMBCrypto.