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The Polygon token has recorded a price increase of 10.13% as of the time of writing. Despite this notable gain, the market still appears poised for further upside. Price action remains firmly positioned above key technical levels.
Prev. MATIC Statistics
Current Price: $0.1695
Market Capitalization: $1.84B
Circulating Supply: 10.56B
Total Supply: 10.56B
CoinMarketCap Rank: 44
Key Levels
Resistance: $0.1750, $0.1900, $0.2050
Support: $0.1700, $0.1600, $0.1500
Prev. MATIC Keeps Pumping
The Polygon token has picked up strong bullish momentum, pushing the market higher for an extended period—eight consecutive sessions.
The latest price candle is edging closer to the $0.1700 level but shows a slight downward wick, indicating minor bearish pressure during the session.
The Stochastic Relative Strength Index (SRSI) lines continue to move sideways around the 100 level, signaling that bullish forces remain dominant.
Polygon Starts Another Bullish Session
Following the most recent downward retracement over the past four sessions, the market has resumed its upward progression above the 9-day Exponential Moving Average (EMA) curve. This marks the fifth consecutive session in which bulls have maintained control. The latest price candle is green and is trading above the close of the previous session.
Meanwhile, the SRSI indicator lines have recently completed an upside crossover, with the terminal ends still pointing upward—an indication that bullish momentum remains intact. Therefore, the market may attempt a push toward the $0.1800 price level.
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