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MATIC Price Shows Major Weakness on Charts, $0.40 Is Possible

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As of press time, Polygon’s MATIC is trading 1.75% up at a price of $0.5583 with a market cap of $5.202 billion. It has given a bullish bounce back above its key support levels of $0.53. However, if the MATIC price drops under this support level, it could experience a nearly 30% freefall to $0.40. advertisement If #Polygon loses the $0.54 support — guarded by 3,770 addresses holding over 70 million $MATIC — it could freefall to $0.40! ⚠️ pic.twitter.com/040dv1Mb9P — Ali (@ali_charts) August 28, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing ...