$MATIC $1 is not far. #Polygon Full #TechnicalAnalysis with next week price prediction: 🎯🔥🚀💯

Matic is currently trading at $0.86. It has been in a strong uptrend since November 2023, and has broken out of a number of resistance levels.

The weekly MACD is bullish, with the MACD line above the signal line and the histogram above zero.

The weekly RSI is above 50, which is in the bullish zone.

Overall, the technical analysis suggests that Matic is in a strong uptrend and has the potential to continue to rise in the coming weeks and months.

Next Week Price Target and Chances of Success

Based on the technical analysis, I believe that Matic has the potential to reach $0.976523 by the end of next week. This represents a 16.77% increase from the current price.

I believe that there is a 70% chance that Matic will reach this price target. This is based on the following factors:

- The strong uptrend that Matic has been in since November 2023.

- The bullish technical indicators.

- The positive news surrounding Polygon, such as the growing adoption of the Polygon network by decentralized applications (Dapps).

Reasons for Price Target:

- The $0.976523 price target is based on the following technical factors:

- The next resistance level is at $0.976523.

- The Fibonacci retracement level of 0.618 is at $0.976523.

Important Support and Resistance Levels

- Support levels: $0.836298, $0.796096, $0.755894

- Resistance levels: $0.976523, $1.03632, $1.106118

Risk Management

It is important to remember that the cryptocurrency market is volatile and there is no guarantee that Matic will continue to go up. Investors should always use risk management strategies when trading cryptocurrencies. One way to manage risk is to only invest a small percentage of your portfolio in any one cryptocurrency. Another way to manage risk is to use stop-loss orders.

***This is an AI generated response. Do not consider this a financial advise. #dyor before investing.

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