NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Despite Polygon’s Bullish Run, Buyers Struggle Near Resistance Of $1.0

Christian Encila
Christian Encila
3 years ago
2 mins read
Polygon

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Polygon (MATIC) has had an impressive bull run seen in the last couple of days. The coin is treading above the EMA red lines as seen on the daily price chart. On the other hand, MATIC’s trading volume has plunged by as much as 42% or $1.1 billion overnight.  

MATIC price went for a bull run right after it breached the symmetrical triangle pattern spotted on the upside. As it turns out, $1.0 had been a critical level to break for a long time which was a tough challenge for MATIC.

Related Reading

Shiba Inu

Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?

3 years ago

MATIC/USDT Currently At $0.93

MATIC/USDT pair is currently trading at $0.93. Bears are having a hard time keeping the coin’s price under $1.0. Moreover, Polygon’s price is shooting for the 200 DMA line.

Meanwhile, Polygon’s total market capitalization has declined by 2.5% or is currently at $7.4 billion as seen over the past 24 hours. Trading volume for MATIC has also dropped by 42% or to $1.1 billion as seen overnight. RSI is also looking bullish as it was able to rebound successfully from its lower bottom.

Despite the bull run, Polygon has been struggling to bust the resistance level of $1.0.  However, a resistance breakout is looming for next week.

Valdrin Tahiri, a top crypto expert, said that Polygon was able to jump off the critical support at $0.74 plus was able to cross the resistance line. More so, MATIC is targeting to test and shift the resistance at $0.74 to the support line.

Polygon To Rise 20x To 60x In Next Bull Run

Tahiri says that MATIC is trying to complete the fourth of the five-wave sequence of downward movements as the coin is bottoming out. MATIC is now ready to breach the upward trend once the last leg of the five waves is completed and targeting $1.40.

CryptoFaibik, a popular crypto expert and YouTuber, was able to spot a bullish streak in the price chart of MATIC referred to as the Descending Broadening Wedge Breakout, which indicates the coin’s upside reversal. The crypto expert has set its eye on $1.97 or a 217% increase in MATIC price.

According to Michäel van de Poppe, a popular crypto expert and educator, MATIC’s price is set to increase around 20x to 60x in the next bull run or uptrend. More so, analysts have also seen a bullish streak in the Polygon price chart allowing exception gains.

MATIC traders and holders are enjoying the advantage of the partnerships and expansion projects that have been announced in the past month.

Related Reading

Dogecoin

Dogecoin (DOGE) Will Lose All Its Value, Finder’s Survey Shows

3 years ago

MATIC total market cap at $7.20 billion on the daily chart | Source: TradingView.com

Featured image from Analytics Insight, chart from TradingView.com
Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

TRON Defies the Market: Outpaces Ethereum, XRP, and Solana in BTC Pair Performance

TRON Defies the Market: Outpaces Ethereum, XRP, and Solana in BTC Pair Performance

TRON (TRX) has maintained relative stability despite recent market-wide corrections, recording only a minor decline of around 2% over the...

Samuel Edyme 1 hour ago
Wiki-cat-surges-293-snorter-trading-bot-presale-hits-3-5m-tw

Wiki Cat逆市狂飆293% Snorter交易機器人預售突破350萬美元成焦點

即使加密貨幣市場連跌六天,Wiki Cat (WKC) 依然強勢逆襲,在同一時期上漲293%,令市場大跌眼鏡。 這枚早在數年前就存在的迷因幣,直到今年八月才迎來真正的爆發,市值一度沖破2億美元,顯示迷...

Peter Chow 2 hours ago
Bitcoin Price Faces Heavy Obstacles

Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey

Bitcoin price is attempting to recover from $112,500. BTC is back above $114,000 but faces many hurdles on the way...

Aayush Jindal 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Wall-street-pepe-solana-meme-coins-1000x-boom-stage-tw

Wall Street Pepe入駐Solana 迷因幣進入1000倍爆發新階段

Mark Mak 54 minutes ago
Stablecoin

Goldman Sachs Predicts Trillion-Dollar Stablecoin Boom In Crypto Market

Ronaldo Marquez 55 minutes ago
Ethereum Price Gains Fade

Ethereum Price Gains Fade as Key Barriers Hold Firm, Another Dip Possible

Aayush Jindal 1 hour ago

Premium Sponsors

Press Releases

  • Seize the XRP Surge: ETHRANSACTION Mining Platform Allows...

    3 hours ago
  • miner

    BTC Miner Launches BTC XRP Premium Principal-Guaranteed and...

    12 hours ago
  • Négy altcoin, amely több mint 200%-os növekedési potenciállal rendelkezik|Új történelmi csúcs a Bitcoin árfolyamában

    Négy altcoin, amely több mint 200%-os növekedési...

    13 hours ago
  • Cztery altcoiny z potencjałem wzrostu powyżej 200%|Nowe rekordy cenowe Bitcoina

    Cztery altcoiny z potencjałem wzrostu powyżej 200%|Nowe...

    13 hours ago
  • HTX Launches 12th-Anniversary Carnival and Embarks on a New...

    15 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.