Polygon (POL), formerly known as MATIC, has dropped to around $0.18, marking a steep decline of over 60% in the past year. This drop comes amid growing pressure from competing Layer-2 networks like ...
Here’s why: MATIC recently broke out above key resistance of its prior high from early September (yellow horizontal line). More importantly, MATIC broke out above the upper channel of a weekly bull ...
Polygon (MATIC) began the day with bullish dominance; however, after hitting an intraday high of $0.7633, the bulls began to lose ground. The bears pounced on the opportunity, and the MATIC price fell ...