{"id":599363,"date":"2025-03-24T05:27:51","date_gmt":"2025-03-24T05:27:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=599363"},"modified":"2025-03-24T05:27:51","modified_gmt":"2025-03-24T05:27:51","slug":"incoming-matic-surge-analyst-predicts-15-price-target","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/matic\/incoming-matic-surge-analyst-predicts-15-price-target\/","title":{"rendered":"Incoming MATIC Surge: Analyst Predicts $15 Price Target"},"content":{"rendered":"

Digital asset analyst with X handle Crypto Patel has recently shared a bullish prediction on MATIC price movement in the coming weeks. This forecast comes amidst MATIC\u2019s poor performance in the last seven days, during which it lost 6.68% of its market value, based on data from CoinMarketCap.\u00a0<\/a><\/span><\/p>\n

The Polygon native token had been one of the best-performing assets in 2024 rising by over 76.38% between January to March. However, the altcoin has now recorded a 22.83% decline over the last two weeks<\/a>, drawing much concern over its future price movement.\u00a0<\/span><\/p>\n

Related Reading: Fantom (FTM) Jumps 180% In 4 Weeks: Just The Beginning?<\/a><\/div>\n

$1.20 Price Level Critical For MATIC Price Surge, Analyst Says<\/span><\/h2>\n

In a post on X on March 23,<\/a> Crypto Patel presented a bullish case for MATIC despite the token\u2019s current downtrend, naming the forecast the \u201cMATIC BULL RUN ROADMAP.\u201d<\/span><\/p>\n

Firstly, the analyst stated that a MATIC bullish pennant was being formed. For context, the bullish pennant represents a price pattern that typically follows a string of upward movement in price (the flagpole) followed by a period of consolidation (pennant).<\/span><\/p>\n

\n

$MATIC<\/a> BULL RUN ROADMAP \ud83d\ude80<\/p>\n

1\u20e3 #MATIC<\/a> Forming Bullish Pennant In HTF
\n2\u20e3 2021 Bull Run: Did 100x in Last bull Market After Bull Flag Breakout
\n3\u20e3 If MATIC\/USDT Break $1.20 Level in HTF then Ready for $10-$15 Target
\n4\u20e3 I am Bullish in #POLYGON<\/a> for Long Run
\n5\u20e3 If Market Crash then\u2026 pic.twitter.com\/FJEvGiHd4U<\/a><\/p>\n

\u2014 Crypto Patel (@CryptoPatel) March 23, 2024<\/a><\/p><\/blockquote>\n

A bullish pennant is characterized by converging trendlines, which indicates the continuation of the previous uptrend once the price breaks out of consolidation. Importantly, Crypto Patel emphasized that MATIC\u2019s bullish pennant was being formed on a higher time frame (HTF), such as the weekly chart.\u00a0<\/span><\/p>\n

Following historical trends, the complete formation of the bullish pennant could result in Polygon native asset experiencing a 100x price increase in the highly anticipated crypto bull run, as observed in 2021.<\/span><\/p>\n

However, with a focus on short-term targets, Crypto Patel has stated that MATIC reaching the $1.20 price zone on the HTF could trigger a surge to a range of $10-$15, representing a potential 1500% gain on the asset\u2019s current price.\u00a0 Albeit, in the advent of an unexpected crash, the crypto analyst expects MATIC could be significantly affected but should find support around the $0.60-$0.70 price zone.\u00a0<\/span><\/p>\n

Related Reading: Buy High, Sell Low: FOMO Made This Crypto Trader Lose 6,039 SOL<\/a><\/div>\n

MATIC Price Overview<\/span><\/h2>\n

At the time of writing, MATIC trades around $0.9817 with a 1.30% gain in the last 24 hours. Meanwhile, the token\u2019s daily trading volume has declined by 31.82% and is valued at $291.65 million. With a market cap value of $9.7 billion, MATIC is ranked the 16th largest cryptocurrency and one of the world\u2019s most prominent digital assets.<\/span><\/p>\n

\r\n\"MATIC\"MATIC trading at $0.9771 on the daily chart | Source: MATICUSDT chart on Tradingview.com<\/a>\r\n<\/span><\/pre>\n
Featured image from Freepik, chart from Tradingview<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"
Digital asset analyst with X handle Crypto Patel has recently shared a bullish prediction on MATIC price movement in the coming weeks. This forecast comes amidst MATIC\u2019s poor performance in the last seven days, during which it lost 6.68% of its market value, based on data from CoinMarketCap.\u00a0 The Polygon native token had been one of the best-performing assets in 2024 rising by over 76.38% between January to March. However, the altcoin has now recorded a 22.83% decline over the last two weeks, drawing much concern over its future price movement.\u00a0 Related Reading: Fantom (FTM) Jumps 180% In 4 Weeks: Just The Beginning? $1.20 Price Level Critical For MATIC Price Surge, Analyst Says In a post on X on March 23, Crypto Patel presented a bullish case for MATIC despite the token\u2019s current downtrend, naming the forecast the \u201cMATIC BULL RUN ROADMAP.\u201d Firstly, the analyst stated that a MATIC bullish pennant was being formed. For context, the bullish pennant represents a price pattern that typically follows a string of upward movement in price (the flagpole) followed by a period of consolidation (pennant). $MATIC BULL RUN ROADMAP \ud83d\ude80 1\u20e3 #MATIC Forming Bullish Pennant In HTF 2\u20e3 2021 Bull Run: Did 100x in Last bull Market After Bull Flag Breakout 3\u20e3 If MATIC\/USDT Break $1.20 Level in HTF then Ready for $10-$15 Target 4\u20e3 I am Bullish in #POLYGON for Long Run 5\u20e3 If Market Crash then\u2026 pic.twitter.com\/FJEvGiHd4U \u2014 Crypto Patel (@CryptoPatel) March 23, 2024 A bullish pennant is characterized by converging trendlines, which indicates the continuation of the previous uptrend once the price breaks out of consolidation. Importantly, Crypto Patel emphasized that MATIC\u2019s bullish pennant was being formed on a higher time frame (HTF), such as the weekly chart.\u00a0 Following historical trends, the complete formation of the bullish pennant could result in Polygon native asset experiencing a 100x price increase in the highly anticipated crypto bull run, as observed in 2021. However, with a focus on short-term targets, Crypto Patel has stated that MATIC reaching the $1.20 price zone on the HTF could trigger a surge to a range of $10-$15, representing a potential 1500% gain on the asset\u2019s current price.\u00a0 Albeit, in the advent of an unexpected crash, the crypto analyst expects MATIC could be significantly affected but should find support around the $0.60-$0.70 price zone.\u00a0 Related Reading: Buy High, Sell Low: FOMO Made This Crypto Trader Lose 6,039 SOL MATIC Price Overview At the time of writing, MATIC trades around $0.9817 with a 1.30% gain in the last 24 hours. Meanwhile, the token\u2019s daily trading volume has declined by 31.82% and is valued at $291.65 million. With a market cap value of $9.7 billion, MATIC is ranked the 16th largest cryptocurrency and one of the world\u2019s most prominent digital assets. MATIC trading at $0.9771 on the daily chart | Source: MATICUSDT chart on Tradingview.com Featured image from Freepik, chart from Tradingview<\/p>\n","protected":false},"author":581,"featured_media":599366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[86487],"tags":[25757,40670,83584,10709],"class_list":["post-599363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matic","tag-crypto-bull-run","tag-matic","tag-polygon","tag-price-prediction"],"acf":[],"yoast_head":"\nIncoming MATIC Surge: Analyst Predicts $15 Price Target<\/title>\n<meta name=\"description\" content=\"On March 23,X analyst Crypto Patel presented a bullish case for MATIC despite a current downtrend, naming the forecast \u201cMATIC BULL RUN ROAD"\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a \u201cmusic nomad\u201d always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.","sameAs":["https:\/\/www.linkedin.com\/in\/semilore-faleti-7a9046218","https:\/\/x.com\/https:\/\/twitter.com\/SemiloreFaleti"],"url":"https:\/\/uniquehot.com\/author\/semilorefaleti\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Incoming MATIC Surge: Analyst Predicts $15 Price Target","url":"http:\/\/uniquehot.com\/news\/matic\/incoming-matic-surge-analyst-predicts-15-price-target\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/matic\/incoming-matic-surge-analyst-predicts-15-price-target\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/stock-market-bull-market-trading-graph-financial-concept-market-place-stock-exchange-generative-ai_176802-3.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/stock-market-bull-market-trading-graph-financial-concept-market-place-stock-exchange-generative-ai_176802-3.jpg?fit=750%2C500"},"articleSection":"MATIC","author":[{"@type":"Person","name":"Semilore Faleti"}],"creator":["Semilore Faleti"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto bull run","matic","polygon","price prediction"],"dateCreated":"2025-03-24T05:27:51Z","datePublished":"2025-03-24T05:27:51Z","dateModified":"2025-03-24T05:27:51Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Incoming MATIC Surge: Analyst Predicts $15 Price Target\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/matic\\\/incoming-matic-surge-analyst-predicts-15-price-target\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/matic\\\/incoming-matic-surge-analyst-predicts-15-price-target\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/stock-market-bull-market-trading-graph-financial-concept-market-place-stock-exchange-generative-ai_176802-3.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/stock-market-bull-market-trading-graph-financial-concept-market-place-stock-exchange-generative-ai_176802-3.jpg?fit=750%2C500\"},\"articleSection\":\"MATIC\",\"author\":[{\"@type\":\"Person\",\"name\":\"Semilore Faleti\"}],\"creator\":[\"Semilore Faleti\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto bull run\",\"matic\",\"polygon\",\"price prediction\"],\"dateCreated\":\"2025-03-24T05:27:51Z\",\"datePublished\":\"2025-03-24T05:27:51Z\",\"dateModified\":\"2025-03-24T05:27:51Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/stock-market-bull-market-trading-graph-financial-concept-market-place-stock-exchange-generative-ai_176802-3.jpg?fit=750%2C500","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/599363"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/581"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=599363"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/599363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/599366"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=599363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=599363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=599363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}