Cryptocurrency News
Why MATIC Could Potentially See Pullback or Retracement
2022.07.14 20:04
- Polygon (MATIC) experienced a surge in price over the last 24 hours.
- Santiment indicates that average traders are more than 28% up on MATIC over the last 30 days.
- A pullback in MATIC’s price should be expected as the cost of living has risen and people have less money to invest and trade with.
Polygon (MATIC) experienced a surge in price over the last 24 hours, according to crypto market tracker CoinMarketCap. At the time of writing, MATIC has posted 15.45% gains over the last 24 hours, which has added to its positive weekly performance. The coin is currently up 23.29% over the past seven days.
Recent data released by blockchain analysis firm Santiment indicates that average traders are more than 28% up on MATIC over the last 30 days. This is the highest level since October 2021.
