The Polygon does not go out of trend

The CCI technical indicator turned back from the oversold zone along with the recovery of the MATIC price on the spot market. The probability that the price of the MATIC token will continue to move up increases.

Polygon (MATIC) is a layer 2 scaling solution designed to build upon the Ethereum blockchain, facilitating higher transaction throughput and lower transaction costs. Formerly known as the Matic NetworkPolygon aims to create the blockchain infrastructure necessary to deploy and use Etheruem-based decentralized applications (DApps) at scale.

At the time of publication, the token has the following indicators:

  • Market Cap Rank 10
  • Market Cap $8.23B
  • Volume (24 hours) $332.48M
  • Circulation Supply 8.73B
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