bullish

2024

Polygon

Higher

<ul>
 <li>Alan Santana predicts Polygon (MATIC) may experience a 1,500% bullish wave by 2025.</li>
 <li>MATIC’s transition to POL is set to enhance security and performance on the Polygon network.</li>
</ul>
In a tweet, crypto analyst Alan Santana has made a <a href="https://x.com/lamatrades1111/status/1826232201232400413" rel="noopener noreferrer nofollow">big forecast</a> about Polygon (MATIC), claiming that the crypto is in the middle of a massive bullish wave that could skyrocket by 1,500%.
Santana emphasizes that MATIC is currently in the process of confirming a long-term higher low, which has been occurring for more than two years—specifically, 778 days. According to Santana, this higher low is a strong bullish indicator that could lead to significant price gains.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2734.png" alt="✴" class="wp-smiley" style="height: 1em; max-height: 1em;"> Polygon (MATIC) 778 Days Higher Low, Prepares For 1,500% Bullish-Wave
 Good morning my fellow traders, and this is a good morning based on this amazing chart/opportunity that I am seeing right now.
 Polygon (MATICUSDT) is in the process of confirming a long-term higher low.… <a href="https://t.co/2qeQGwk9g5" rel="noopener noreferrer nofollow">pic.twitter.com/2qeQGwk9g5</a>
 — Alan Santana (@lamatrades1111) <a href="https://twitter.com/lamatrades1111/status/1826232201232400413?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 21, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="strong-massive-growth-for-matic-across-timeframes-strong">Massive Growth for MATIC Across Timeframes&nbsp;</h2>
Santana explains that such price activity frequently generates strong bullish momentum. He delves into MATIC’s short- and long-term aims, beginning with the short-term forecast. He expects that <a style="color: #008000;" href="https://www.crypto-news-flash.com/polygon-matic-sees-significant-growth-in-q2-daily-active-addresses-up-47-6/" rel="noopener noreferrer nofollow">MATIC’s</a> value will climb by 300% in the following months
. In the midterm, he thinks the token could easily climb by 840%. These projections are stunning in and of themselves, but Santana goes beyond that.
He goes on to discuss MATIC’s long-term potential, projecting that it will hit a new all-time high (ATH) of $7.64 by 2025, if not more. Given MATIC’s current trade price, this is a remarkable ~1,500% increase.
Santana further notes that with 2-3X leverage, the potential profits might be increased to 3,000–4,500%, representing tremendous rewards for investors. He notes that this is simply one of the several chances available in the crypto industry and advises investors to buy and hold responsibly.
MATIC is currently showing indicators of the projected bullish trend. According to the most recent data, the MATIC price has risen 13.47% over the last 24 hours, reaching $0.5336, putting it first on the list of top gainers. Furthermore, daily trading volume has increased by 121% to $560.90 million.
<div class="cryptoboxes" id="mcw-402599" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="polygon" data-symbol="MATIC" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
This price shift follows our previous <a style="color: #008000;" href="https://www.crypto-news-flash.com/polygon-matic-whale-activity-rockets-16263-in-anticipation-of-pol-upgrade/" rel="noopener noreferrer nofollow">reports</a> indicating a huge surge in activity from Polygon Whales, with transactions up by 16,263%. This increase in whale activity is most likely motivated by anticipation of the impending POL upgrade, which is expected to improve the Polygon network’s security and performance.
Polygon’s move <a style="color: #008000;" href="https://www.crypto-news-flash.com/matic-to-pol-transition-coming-on-sept-4th-how-pol-powers-polygons-growth-and-development/" rel="noopener noreferrer nofollow">from MATIC to POL</a>, scheduled for September 4, 2024, is part of the network’s overall growth strategy. The change entails modernizing its services to improve security and network performance.
In addition, POL tokens will be issued to reward validators and finance community projects, assuring the network’s continued security and creativity.

Polygon (MATIC) Poised for 1,500% Bullish-Wave: Analyst Insights

Table of Contents

Crypto News Flash

Other articles published on Aug 22, 2024

GoMining review: Discovering unique mining strategies

Franklin Templeton expands blockchain fund to Avalanche network

Buterin’s 2020 Prediction Fails: XRP Thrives Despite SEC Battle

Stocks to Watch Today: Tesla, SCHW, and Paramount Global

Chainlink Data Streams and VRF Launch on Base, Boosting DeFi and dApp Capabilities

Newcomer Intel Markets Presale Speeds Up as Savvy Litecoin and Near Protocol Investors Pour Capital

Join our free newsletter for daily crypto updates!