MATIC Price Prediction: Polygon Recovery Faces Many Hurdles
MATIC price is recovering from the $0.95 support zone. Polygon might rise further but there is a major barrier forming near the $1.080 zone.MATIC price is attempting a recovery wave above the $1.00 resistance against the US dollar.
The price is trading below $1.10 and the 100 simple moving average (4 hours).
There was a break above a key bearish trend line with resistance near $0.975 on the 4-hour chart of the MATIC/USD pair (data source from Kraken).
The pair could continue to rise if it clears
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