Polygon’s [MATIC] Price PredictionThe long-term price prediction for the asset was hopeful and put MATIC near the $25 mark by 2030. While that prediction was stood far away, the shorter-term analysis showed $0.94 was a reasonable target for MATIC bulls in the coming days.Source: MATIC/USDT on TradingView
The Relative Strength Index stood near 50 and the previous day’s trading did not show momentum toward either direction. This can be attributed to a lack of volatility over the weekend, withalso relatively stationary on the charts. The Accumulation/Distribution indicator did not climb in recent days either.
A bearish order block on the one-hour chart was seen at $0.94, highlighted in red. Moreover it was in proximity to the $0.93-$0.94 area, which has had significance since mid-September. The $0.96 and $1 levels will also posed stern challenges to the bulls.
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