{"id":23120,"date":"2025-05-02T00:00:12","date_gmt":"2025-05-02T00:00:12","guid":{"rendered":"https:\/\/cryptd.in\/last-chance-for-polygon-as-crypto-analyst-predicts-matic-price-will-surge-above-1-again\/"},"modified":"2025-05-02T00:00:12","modified_gmt":"2025-05-02T00:00:12","slug":"last-chance-for-polygon-as-crypto-analyst-predicts-matic-price-will-surge-above-1-again","status":"publish","type":"post","link":"https:\/\/cryptd.in\/zh_tw\/last-chance-for-polygon-as-crypto-analyst-predicts-matic-price-will-surge-above-1-again\/","title":{"rendered":"Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again"},"content":{"rendered":"<p>Polygon\u2019s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout above the $0.20 level. This dip, rather than signaling weakness, may in fact represent a healthy retracement as the cryptocurrency <a href=\"https:\/\/www.newsbtc.com\/analysis\/polygon-eyes-2x-upsurge\/\" target=\"_blank\" rel=\"noopener \">prepares for a new upward move.\u00a0<\/a><\/p>\n<p>The price structure appears bullish on higher timeframes, especially after POL recently rebounded off the lower boundary of a long-term descending channel. According to a crypto analyst, Polygon could be on the verge of an explosive rally toward the $1 mark.<\/p>\n<h2>Classic Bullish Divergence Points To Imminent Breakout<\/h2>\n<p>According to technical analyst <a href=\"https:\/\/www.tradingview.com\/chart\/POLUSDT\/YfRs454c-Polygon-Ecosystem-Token-Last-Chance-It-Is-Not-Too-Late\/\" target=\"_blank\" rel=\"noopener nofollow\">MasterAnanda on TradingView,<\/a> the Polygon ecosystem token (POLUSDT) is currently flashing one of the strongest technical reversal signals in the form of a textbook bullish divergence on the 3-day chart. Price action hit a new low on April 7, 2025, but the Relative Strength Index (RSI) had already bottomed earlier in July 2024 and has since been forming higher lows.<\/p>\n<p>As noted by the analyst, this mismatch between the price and the momentum indicator is a classic signal that the downtrend may be losing steam. The signal is reinforced by the<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/traders-rush-into-bitcoin-options-as-implied-volatility-drops-is-a-big-move-coming\/\" target=\"_blank\" rel=\"noopener \"> recent increase in volume<\/a> and the broader bullish recovery <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-closes-april\/\" target=\"_blank\" rel=\"noopener nofollow\">observed across <\/a>the cryptocurrency market.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-741901\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/Polygon-chart-from-Master-Ananda.png?w=512&amp;resize=512%2C149\" alt=\"Polygon\" width=\"512\" height=\"149\" loading=\"lazy\" \/><\/p>\n<p>Zooming in on the 3-day chart structure, POLUSDT experienced a notable rebound after reaching its low on April 7. The price climbed steadily to $0.267 by April 22 before encountering resistance. What followed were two successive bearish candlesticks that appeared to trace a measured pullback, likely a retest of the upper boundary of the descending channel. <\/p>\n<p>This movement is significant because retests of this nature often precede major breakouts. Keeping this in mind, the analyst predicted a successful bounce from the trendline support, which could start a sustained rally toward $1.\u00a0<\/p>\n<h2>Polygon To $1: Window Of Opportunity Narrowing<\/h2>\n<p>Analyst MasterAnanda noted that the current price action is merely a calm before a massive move. \u201cThe market is giving us one last chance to buy all we want before massive growth,\u201d the analyst said, implying that a strong impulsive wave could be next. The RSI is currently in the mid-40s, and if the bullish setup plays out, a swift move to the 70+ zone could occur.<\/p>\n<p>In terms of a price target, the analyst predicted a full recovery above $1 with a specific target of $1.15. This would mark a full recovery for POL holders <a href=\"https:\/\/www.newsbtc.com\/news\/nearly-all-pol-holders-at-a-loss-what-does-it-mean-for-the-market\/\" target=\"_blank\" rel=\"noopener \">who have been holding<\/a> throughout the downturn in 2025. This level corresponds to the 1.618 level on the Fib extension projected from the April 7 low. The Fibonacci extension levels plotted on the chart show other smaller price targets on the way to $1.15. Most notable are the $0.461 and $0.534 regions, representing the 0.5 and 0.618 extension levels, respectively, which could serve as interim consolidation zones.<\/p>\n<p>At the time of writing, Polygon is trading at $0.2420.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/hCR5RDpN\/\" alt=\"Polygon\" width=\"2301\" height=\"1460\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Polygon\u2019s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout above the $0.20 level. This dip, rather than signaling weakness, may in fact represent a healthy retracement as the cryptocurrency prepares for a new upward move.\u00a0 The price structure appears bullish on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/zh_tw\/last-chance-for-polygon-as-crypto-analyst-predicts-matic-price-will-surge-above-1-again\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Polygon\u2019s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout above the $0.20 level. 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