Overview

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The Polygon (MATIC) price can increase well above $1 if it breaks out from its long-term descending resistance trend line. Polygon (MATIC) price has surged 12% over the past week. While it is facing resistance at the $1 support line, on-chain data suggests that if certain bullish signals remain Although it is currently having a hard time breaking above the $1 support line, on-chain data suggests that the MATIC price could hit $2 in the long run if certain bullish For this timeframe, MATIC’s minimum price is anticipated to be $0.8704. The maximum price is expected to reach $0.9792. In addition, experts expect that MATIC will trade According to data sourced from CoinCodex, MATIC is forecasted to rise to $1.12 on Dec. 30. As the weekend unfolds, the altcoin is predicted to surge further, reaching In early 2025, MATIC price showed signs of a rebound, testing the crucial $1 level twice and briefly peaking at $1.2, suggesting a possible breakout. However, since mid

Polygon (MATIC) Weekend Price Prediction: Can MATIC Hit $1.20?

Is a Polygon (MATIC) price surge on the horizon? Investors are closely watching MATIC this weekend, wondering if it has the potential to break key resistance levels and reach, or even surpass, $1.20. Recent market activity shows promising signs, but challenges remain.

MATIC Price Analysis: Recent Performance

The Polygon (MATIC) price has surged 12% over the past week, demonstrating renewed investor interest. However, it is currently facing resistance at the $1 support line. This critical level needs to be overcome for MATIC to achieve higher price targets.

Will MATIC Break $1? On-Chain Data Insights

Although it is currently having a hard time breaking above the $1 support line, on-chain data suggests that the MATIC price could hit $2 in the long run if certain bullish signals remain. Analyzing these on-chain metrics is crucial for predicting MATIC's short-term and long-term potential.

Polygon Weekend Price Forecast

According to data sourced from CoinCodex, MATIC is forecasted to rise to $1.12 on Dec. 30. As the weekend unfolds, the altcoin is predicted to surge further, reaching higher values if market conditions remain favorable. For this timeframe, MATIC’s minimum price is anticipated to be $0.8704. The maximum price is expected to reach $0.9792. In addition, experts expect that MATIC will trade within this range, potentially building momentum for a breakout.

Potential for a Breakout: Targeting $1.20 and Beyond

The Polygon (MATIC) price can increase well above $1 if it breaks out from its long-term descending resistance trend line. Such a breakout would signal a strong bullish trend, potentially pushing MATIC towards the $1.20 target and beyond.

MATIC's Past Performance: A Look at Early 2025

In early 2025, MATIC price showed signs of a rebound, testing the crucial $1 level twice and briefly peaking at $1.2, suggesting a possible breakout. However, since mid-2025, the price has faced volatility. This historical performance provides context for understanding MATIC's potential and resilience.

Conclusion: Is MATIC Poised for Growth?

While the current market situation presents challenges, the potential for MATIC to reach $1.20 or even $2 remains. Keep a close eye on on-chain data, resistance levels, and overall market trends to make informed investment decisions regarding Polygon (MATIC).

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