Has Polygon’s MATIC lost its mojo, or should you buy it now?
Polygon token has lost 2% in the day and 6% in a week
Bulls continue to defend $0.77 amid weak momentum
We need further price action to ascertain the potential direction for MATIC.
Polygon’s (MATIC/USD) is one of those cryptocurrencies that has endured the bear turbulence quite well. The cryptocurrency looked prime for a sustained recovery after hitting $1.30 in early November. However, a contagion of risks in the crypto sector pushed MATIC to the $0.77 support. As of press time, the
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