Research shows that the interest of the residents of the United States has grown significantly. According to The Money Monger, a group of researchers who are into web3 projects and cryptocurrency, Polygon is currently one of the most searched PoS-based crypto assets in the United States. This inference was deduced from the analysis of the data available over 90 days.
Compared to other crypto assets, Polygon has typically excelled in the Web3 space. Even with the recent outage that led to an over 2% decrease in the value of MATIC, Polygon remains the most searched and popular crypto asset in 18 states in the U.S. This surge in the search and popularity of Polygon is likely to cause an increase in demand, which is a positive outlook for MATIC, its native token.
Key Polygon Levels To Watch – April 14
As a result of the rebuff at the $0.750 demand zone, the price surged upward to break the resistance of the consolidation zone. The consolidation zone was between the $1.300 price level and the $0.750 price level. Since the breakout from the resistance, the market has been bullish.
According to the Moving Average Convergence Divergence (MACD), the market is heading upward as the MACD sets to cross the zero line to the upside. As of now, the market’s trading range lies between the $1.570 price level and the $0.750 price level. As the price left the bullish order block, MATICUSD might keep heading upward until the $1.570 resistance is reached.
Polygon Key Levels
Resistance Levels: $1.300, $1.570, $2.100
Support Levels: $0.750, $0.630, $0.520
Total Market Capitalization: $1.27T
Polygon Market Capitalization: $10.73B
Polygon Volume: $0.60B
Market Rank: #9
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