{"id":602166,"date":"2024-04-09T05:28:46","date_gmt":"2024-04-09T05:28:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=602166"},"modified":"2024-06-11T12:36:40","modified_gmt":"2024-06-11T12:36:40","slug":"matic-price-prediction-rip-1-15","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/matic-price-prediction-rip-1-15\/","title":{"rendered":"MATIC Price Prediction: Can Polygon Rip Higher To $1.15"},"content":{"rendered":"<p><em>MATIC price is up over 5% and it tested the $0.950 resistance. Polygon bulls are in full control, and they might aim for more upsides above $1.00.<\/em><\/p>\n<ul>\n<li>MATIC price started a fresh increase above the $0.920 resistance against the US dollar.<\/li>\n<li>The price is trading above $0.925 and the 100 simple moving average (4 hours).<\/li>\n<li>There was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to move up if it clears the $0.9720 resistance.<\/li>\n<\/ul>\n<h2>Polygon Price Starts Fresh Increase<\/h2>\n<p>After forming a base above the $0.8620 level, Polygon\u2019s price started a fresh increase. MATIC cleared many hurdles near $0.880 and $0.8950 to move into a positive zone, like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-resumes-upside-why-btc-could-soon-hit-new-ath\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-move-to-4k\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>There was also a move above the $0.90 resistance and the 100 simple moving average (4 hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC\/USD pair. MATIC is trading above $0.9250 and the 100 simple moving average (4 hours).<\/p>\n<p>Immediate resistance is near the $0.960 zone. The first major resistance is near the $0.9720 level or the 50% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. If there is an upside break above the $0.9720 resistance level, the price could continue to rise.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-602167\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?resize=1024%2C461\" alt=\"MATIC Price Prediction\" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/MATIC.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">MATICUSD on TradingView.com<\/a><\/p>\n<p>The next major resistance is near $1.00. A clear move above the $1.00 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $1.100 level or $1.150.<\/p>\n<h2>Are Dips Limited in MATIC?<\/h2>\n<p>If MATIC\u2019s price fails to rise above the $0.9720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.915 level and the same trend line.<\/p>\n<p>The main support is near the $0.880 level. A downside break below the $0.880 level could open the doors for a fresh decline toward $0.8620. The next major support is near the $0.8250 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 hours MACD \u2013 The MACD for MATIC\/USD is gaining momentum in the bullish zone.<\/p>\n<p>4 hours RSI (Relative Strength Index) \u2013 The RSI for MATIC\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.9150 and $0.880.<\/p>\n<p>Major Resistance Levels \u2013 $0.9720, $1.00, and $1.15.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MATIC price is up over 5% and it tested the $0.950 resistance. Polygon bulls are in full control, and they might aim for more upsides above $1.00. MATIC price started a fresh increase above the $0.920 resistance against the US dollar. The price is trading above $0.925 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC\/USD pair (data source from Kraken). The pair could continue to move up if it clears the $0.9720 resistance. Polygon Price Starts Fresh Increase After forming a base above the $0.8620 level, Polygon\u2019s price started a fresh increase. MATIC cleared many hurdles near $0.880 and $0.8950 to move into a positive zone, like Bitcoin and Ethereum. There was also a move above the $0.90 resistance and the 100 simple moving average (4 hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. Besides, there was a break above a key bearish trend line with resistance at $0.9150 on the 4-hour chart of the MATIC\/USD pair. MATIC is trading above $0.9250 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.960 zone. The first major resistance is near the $0.9720 level or the 50% Fib retracement level of the downward move from the $1.0854 swing high to the $0.8612 low. If there is an upside break above the $0.9720 resistance level, the price could continue to rise. Source: MATICUSD on TradingView.com The next major resistance is near $1.00. A clear move above the $1.00 resistance could start a steady increase. In the stated case, the price could even attempt a move toward the $1.100 level or $1.150. Are Dips Limited in MATIC? If MATIC\u2019s price fails to rise above the $0.9720 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.915 level and the same trend line. The main support is near the $0.880 level. A downside break below the $0.880 level could open the doors for a fresh decline toward $0.8620. The next major support is near the $0.8250 level. Technical Indicators 4 hours MACD \u2013 The MACD for MATIC\/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) \u2013 The RSI for MATIC\/USD is now above the 50 level. Major Support Levels \u2013 $0.9150 and $0.880. Major Resistance Levels \u2013 $0.9720, $1.00, and $1.15.<\/p>\n","protected":false},"author":67,"featured_media":516347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[80450,76656,79614,83584],"class_list":["post-602166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-maticbtc","tag-maticusd","tag-maticusdt","tag-polygon"],"acf":[],"yoast_head":"\n<title>MATIC Price Prediction: Can Polygon Rip Higher To $1.15<\/title>\n<meta name=\"description\" content=\"MATIC price is up over 5% and it tested the $0.950 resistance. 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