The post MATIC Price Breaks The $1 Barrier! Polygon To Test $1.15 This Week? appeared first on Coinpedia Fintech News
With the market leader, Bitcoin, achieving its major milestone of $56,000, top altcoins have displayed a significant uptrend in their respective portfolios with Ethereum price achieving the $3,200 mark.
On the other hand, the MATIC price has added approximately 10% within the past day and has cumulatively added over 40% over the past 30 days, indicating a strong bullish influence in the crypto industry.
Polygon Token Reclaims $1 Mark!
The Polygon (MATIC) price displayed a neutral trend by trending in a closed range between $0.7633 and $0.8206 for over a week. As the market volatility grew, the bulls successfully broke out of the resistance level.
However, it failed to break out of its resistance level at $0.9002, resulting in it trading within the range for the next nine days.
Following this, the bulls regained momentum and recorded a jump of 13.7% over the
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