2 Mga Dahilan Kung Bakit Maaaring Pumasok ang Polygon (MATIC) sa Bull Rally

　　Less than 34% of the entire circulating supply of MATIC is in profits, which is relatively uncommon. Despite the recent corrections, at least 50% of most of the cryptocurrency supply is in profit.

　　This suggests that Polygon investors are likely desperate for profits, which could keep them from selling their holdings. Since MATIC has considerable room to grow, it could also witness extended bullishness.

　　Magbasa Pa: Paano Bumili ng Polygon (MATIC) at Lahat ng Kailangan Mong Malaman

　　MATIC Supply in Profit. Source: SantimentMATIC Price Prediction: Reclaim $0.80

　　MATIC price is consolidated between $0.74 and $0.64. This range has been unbroken on both ends for the past three weeks. Since mid-April, the Polygon native token has attempted multiple times to breach the upper limit, acting as resistance.

　　Now, the altcoin is close to doing the same this time around. A push from Polygon investors accumulation could help MATIC breach $0.74, pushing it towards $0.80. Successfully flipping the resistance of $0.81 would initiate a recovery rally.

　　Magbasa Nang Higit Pa: Prediksiyon ng Presyo ng Polygon (MATIC) 2024/2025/2030

　　MATIC Price Analysis. Source: TradingView

　　On the other hand, if the breach fails, MATICs price could remain rangebound and slip back down to $0.64. Losing this support could send the altcoin to $0.60 and lower, invalidating the bullish outlook.

　　Pagtanggi sa pananagutan

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