Michael van de Poppe Shares His Expectations For MATIC 


Like many of the high 10 cryptocurrencies, Polygon (MATIC) is within the inexperienced for immediately. Information from the crypto market monitoring web site CoinMarketCap signifies that MATIC is at present price $0.9276 after a 1.51% improve in worth over the past day. The altcoin was additionally capable of attain a excessive of $0.9486 and a low of $0.912 over the identical time interval.

MATIC Network / TetherUS 1D (Source: CoinMarketCap)
MATIC Community / TetherUS 1D (Supply: CoinMarketCap)

The previous few days have been good to MATIC because the crypto is within the inexperienced by greater than 8% over the past week. MATIC was additionally capable of strengthen towards the 2 largest cryptos available in the market, Bitcoin (BTC) and Ethereum (ETH), by about 1.19% and 0.57% respectively.

MATIC’s 24 hour buying and selling quantity, nevertheless, is within the purple and at present stands at $332,756,311 after a greater than 21% drop over the past day.

With its market cap standing at $8,096,345,989, MATIC rounds off the highest 10 largest cryptocurrencies available in the market. This locations the altcoin proper behind Cardano (ADA) within the ninth spot and in entrance of Polkadot (DOT) within the eleventh.

The well-known crypto merchants and analyst, Michael van de Poppe, shared in a Tweet he posted on December 2 that he believes that MATIC is exhibiting some energy.

MATIC Network / TetherUS 4h (Source: TradingView)
MATIC Community / TetherUS 4h (Supply: TradingView)

Van de Poppe additionally added that if $0.84 grants a protracted, he believes MATIC could possibly be concentrating on $1 and even increased within the coming weeks. The analyst concluded his submit by stating that MATIC even has the potential to retest the $1.30 mark.

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