Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat? By Cointelegraph
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Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat?Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99.
The rebound occurred a day after the token slumped over 17% to reach $0.787, its lowest level since July 2021, amid a global market crash led by the U.S. Federal Reserve’s hawkish policies.
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Polygon reaches level that last time triggered a 275% MATIC price rally — Will history repeat?Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99.
The rebound occurred a day after the token slumped over 17% to reach $0.787, its lowest level since July 2021, amid a global market crash led by the U.S. Federal Reserve’s hawkish policies.
Continue Reading on Coin Telegraph
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