The crypto space has made a big move since the start of current trading as Bitcoin price shows massive bullish momentum. And that is why the top altcoins are also moving strongly towards their respective resistance. Hence, Polygon price is also showing a huge bullish tendency.
The price flipped from the lower support just below the USD 1.4 levels and maintained a substantial uptrend. This uptrend continued until the price reached high above the $1.5 levels. However, the asset has yet to test the upper crucial resistance near $1.7. This may not be an easy job, but the MATIC price can be reached in the coming days.
Also Read: Price of Bitcoin (BTC) Sets a New ATH Above $72,000 in July or August 2022!
On the other hand, the Polygon platform has announced some updates that are believed to be quite significant. The platform believes that with the release of Polygon’s multi-chain Ethereum will soon explode. And so with the release of the two products, the MATIC price may go on an extremely upward trend!
Also Read: SOL Price Set To Hit $246 During Mid-Q2 2022! Is it a good time to buy Solana?
The story needs to be updated!