MATIC - Next ALTCOIN to EXPLODE 🎯

27 Nov 2023

Hi Traders, Investors and Speculators of Charts📈📉

Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability by letting its dApps use Polygon's sidechains.

One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:

✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit

While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who already invest in Disney, Starbucks, and the other large companies working with Polygon.

From the chart on the left, I've highlighted some short and longer term targets to watch for the next few months. But I expect MATIC to go way beyond these targets in the future.
As we can see, the price has retraced after getting an "Overbought" signal on the technical indicator (right chart). As long as the price stays above the green trendline, the chart is considered bullish.

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$CRYPTOCAP:MATIC $BINANCE:MATICUSDT MATICUSD $BINANCE:MATICUSDT.P $BINANCE:MATICUSD $BYBIT:MATICUSDT.P $KUCOIN:MATICUSDT $MEXC:MATICUSDT.P

28 Nov 2023

Nota

28 Nov 2023

Nota

What we're seeing here is the oversold yellow pressure dot, leading to price action as high as the upper turquoise Bollinger band for the short term.