Polygon(matic)market reviews and price predictions

Polygon market statement for 2022-10-05

Yesterday the price of matic stood at $0.85. The market capitalization of the asset was $6 225 483 738. Polygon’s volatility was established at 1.24%. The trading volume of the coin reached $388 405 590.

Polygon prognosis for the next days:

We estimate the price of Polygon to be $0.76 tomorrow 2022-10-07 and $0.78 on 2022-10-13;

We estimate the market capitalization of Polygon to reach $5 629 824 639 tomorrow 2022-10-07 and $5 808 353 155 on 2022-10-09;

We estimate the volatility of Polygon to become 1.97% tomorrow 2022-10-07 and 2.36% on 2022-10-09;

We estimate the trading volume of Polygon to amount to $275 931 011 tomorrow 2022-10-07 and $289 935 803 on 2022-10-09.

Our recommendation for the pair MATIC/USD for tomorrow, 2022-10-07, to sell.

Polygon(matic)week price prediction
7%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 090.750.800.850.900.750.800.850.90
Today's review

A 13% price appreciation seen on the Polygon market between September 29 and October 5.

The bullish behavior of Polygon last week was characterized by the occurrence of upswings. The volatility of MATIC has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Latest reviews

Polygon sees limited 3% gains between September 26 and October 2 as the market cools down.

The analysis of last week’s price action shows that the Polygon market is in the phase since the price has been moving upward. The situation on the MATIC market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

Buyers weakened their grip on the Polygon market (September 23 - September 29) as the price rose only by 1%.

The upward movement of the Polygon price last week indicates the chosen market is. The volatility of MATIC has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Polygon market stayed flat from September 22 - September 28.

Polygon portrayed neutral behavior last week, with no changes in the price. The price swings of MATIC pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.

The bleeding market: Polygon loses 10% between September 17 and September 23 as the selling pressure grows.

The price of Polygon was falling last from September 17 until September 23, giving enough reason to conclude that the market is bearish. The volatility associated with the MATIC market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Bearish price action on September 16 to September 22 resulted in Polygon by 7%.

Between September 16 - September 22, Polygon has been mostly bearish as its price has been in the falling mode. MATIC was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The bears had a field day between September 10 and September 16 as Polygon got knocked down by 11%.

The analysis of last week’s price action shows that the Polygon market is in the phase since the price has been moving downward. The price swings of MATIC pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

Down by 5% : The Polygon market saw some bearish action last week (September 9 - September 15).

The price of Polygon was falling last from September 9 until September 15, giving enough reason to conclude that the market is. MATIC has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.

The torpid Polygon had its price rise only by 2% last week (September 7 - September 13).

Polygon has been last week as its price has been predominantly rising. MATIC has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

The bulls muster more strength as Polygon rises by 12% from September 6 to September 12.

Between September 6 - September 12, Polygon has been mostly as its price has been in the rising mode. The situation on the MATIC market shows that the underlying asset is currently experiencing a period of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.

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