Polygon Price Prediction for Today, December 30: MATIC/USD Reaches Critical Support at $0.750 ByAzeez MustaphaPRO INVESTOR Updated: 23 January 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Polygon price prediction shows that MATIC is currently heading toward the south as the coin may cross below the lower boundary of the channel. Polygon Prediction Statistics Data: Polygon price now – $0.753 Polygon market cap – $6.9 billion Polygon circulating supply – 8.73 billion Polygon total supply – 10 billion Polygon Coinmarketcap ranking – #10 MATIC/USD Market Key Levels: Resistance levels: $1.20, $1.30, $1.40 Support levels: $0.45, $0.35, $0.25 MATICUSD – Daily Chart MATIC/USD opens today’s trade with an opening price of $0.77 as the coin is dropping towards $0.55 in a matter of hours. At the time of writing, the Polygon price is changing hands at $0.753, slightly down by 2.95% after a rebound from the $0.781 level. Currently, the daily chart reveals that the technical indicator Relative Strength Index (14) is heading towards the oversold region, which means the coin could be ready for more losses. Polygon Price Prediction: Polygon May See Further Downside Looking at the daily chart, if the sellers push the Polygon price beneath $0.50, the next support could be under the lower boundary of the channel and a further downside may come to focus at $0.50. Moreover, if this support breaks, further support levels could be located at $0.45, $0.35, and $0.25 levels while the resistance levels could be found at $1.20, $1.30, and $1.40. Moreover, the technical indicator shows that the Relative Strength Index (14) moves below the 40-level, if the market successfully stays below this barrier, the increased bearish pressure could keep the Polygon price on the negative side. Whereas the signal line could drop more and may look primed for another bearish crossover signal. Against Bitcoin, traders can see that the Polygon price is likely to resume downward at the time of writing. As the price falls, sellers could pose more threats to buyers to reach the support level of 4000 SAT where the nearest target is located. However, any further bearish movement below the lower boundary of the channel may cause the Polygon price to collapse. MATICBTC – Daily Chart Meanwhile, the continuation of the downtrend could hit the main support at 3800 SAT before falling to 3500 SAT and below. Meanwhile, if the buyers push the market above the 9-day and 21-day moving averages, it could reach the potential resistance at 6200 SAT and above. Therefore, the technical indicator Relative Strength Index (14) moves to cross below 30-level, indicating that the sellers could dominate the market. View the latest Polygon price on CoinCodex. Fight Out (FGHT) - Newest Move to Earn Project Rating CertiK audited & CoinSniper KYC Verified Early Stage Presale Live Now Earn Free Crypto & Meet Fitness Goals LBank Labs Project Partnered with Transak, Block Media Staking Rewards & Bonuses Learn More Join Our Telegram channel to stay up to date on breaking news coverage