Polygon (MATIC) Poised For A Bullish Surge, Analyst Who Predicted 2021 Fall Says
10 Novembro 2023 - 1:00PM
NEWSBTC
Polygon (MATIC) has caught the attention of pseudonymous analyst
Dave the Wave, who sees promising signs for the cryptocurrency.
According to Dave, Polygon is poised to enter a significant uptrend
against Bitcoin, and his optimism is based on a thorough analysis
of the current market dynamics. As the broader crypto market
experiences a surge, with Bitcoin reaching the $36,000 level and
maintaining its momentum at the time of writing, MATIC is emerging
as a standout performer. Dave the Wave is particularly
bullish on MATIC, stating, “If MATIC did a 3x against BTC, and BTC
did a 5x against USD (US dollar)… you do the math.” Related
Reading: Dogecoin Price Chart Described As ‘Beautiful’ By Crypto
Analyst The analyst supports his claim by presenting a chart that
suggests MATIC could replicate a similar pattern against Bitcoin,
potentially witnessing a remarkable 200% increase from its current
value to approximately 0.0000618 BTC, equivalent to $2.25. If MATIC
did a 3x against BTC, and BTC did a 5x against USD….. you do the
math.😎 pic.twitter.com/qbbzjwT1f3 — dave the wave🌊🌓 (@davthewave)
November 8, 2023 The MATIC Surge: A Closer Look At The Numbers
Examining the current data on CoinGecko reveals that MATIC is
currently priced at $0.837571, showcasing a 2.6% increase over the
past 24 hours. What’s even more impressive is the seven-day surge,
with MATIC experiencing a substantial 26.7% rise. Source: Etherscan
This upward momentum aligns with Dave the Wave’s positive outlook
on the cryptocurrency, hinting at the potential for further gains
in the near future. The #btc one year moving average corroborating
the LGC. pic.twitter.com/3y4wbWPhF6 — dave the wave🌊🌓 (@davthewave)
November 7, 2023 Dave the Wave’s optimistic predictions for MATIC
raise the question: What is driving this confidence in the
cryptocurrency? The analyst’s focus on MATIC’s performance against
Bitcoin suggests a belief in its ability to outperform the leading
cryptocurrency. Total crypto market cap currently at $1.3 trillion.
Chart: TradingView.com By drawing parallels with historical trends
and presenting a compelling chart, Dave the Wave implies that MATIC
has the potential for substantial growth, positioning itself as an
attractive investment option. Analysis Suggests 200% Potential Gain
For investors eyeing the cryptocurrency market, especially those
considering MATIC, the implications of Dave the Wave’s analysis are
noteworthy. The potential for a 200% increase against Bitcoin could
translate into significant gains for MATIC holders. However, it’s
crucial to approach such projections with a degree of caution, as
the crypto market is known for its inherent volatility. As the
market continues to evolve, keeping a close eye on MATIC’s
performance and monitoring any developments is advisable for
investors seeking to capitalize on potential opportunities. Related
Reading: Pepe Climbs 21% – What’s Igniting The Meme Coin Fire? The
current analysis of Polygon by Dave the Wave paints a bullish
picture for the cryptocurrency, suggesting a favorable trajectory
against Bitcoin. As the crypto market remains dynamic, investors
will be closely watching whether MATIC can indeed realize the
predicted gains and establish itself as a notable player in the
ongoing market rally. (This site’s content should not be construed
as investment advice. Investing involves risk. When you invest,
your capital is subject to risk). Featured image from Shutterstock
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