Currently, Polygon, which is trading at about $0.97, saw its historical base price on May 9, about three years ago. The token reached its historical peak quite recently. In December 2021, the token, which was traded at $2.92, made many investors profit. MATIC has made a profit of approximately 8660 per cent for its early-term investors compared to its current value.
Polygon investors emphasize that the token value will rise, especially in the medium and long term. When examining investor trends, it can be seen that most token holders will hold MATIC in the long run.
According to the current charts, the first resistance point that MATIC will push is seen in a dollar band. Although this resistance is relatively high compared to the current value, if it is broken, it is expected to approach two dollars with a rapid rise.
The support point of the token is also quite strong. In particular, it is not expected to fall below the $0.3 band with the effect of investor confidence that it has proven recently. Polygon (MATIC) has one-day price flexibility that day traders can also consider.