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Market Cap
$ 5,149,167,522
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Total Volume
$ 264,065,443
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24 Hour
-4.19%
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7 Day
-7.24%
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Polygon Price Prediction: 2024, 2025, 2030

Polygon price prediction, MATIC’s price has dumped by -4.19% in the last 24 hours.
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Polygon
Price Prediction
Polygon, MATIC could hit $1.39 in 2024
Polygon’s price prediction for the most bearish scenario will value MATIC at $0.44 in 2024.
Polygon’s previous All Time High was on 27 December 2021 where MATIC was priced at $2.92.

Polygon’s price at the same time last week was $0.61. It has moved by -7.24 % in the past week and is currently at $0.55. Infact, in the past 24 hours, MATIC has dumped by -4.19 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and MATIC could hit $1.81 in 2025.

The total circulating supply of Polygon as of writing this article was $9282943566.20 and the marketcap of MATIC remains at $5,149,167,522

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

MATIC price prediction: Key highlights

 

1. Primary support and resistance levels

  • In the weekly chart analysis, the lowest support level for MATIC can be expected at $0.33
  • Conversely, $1.08 was marked as the highest resistance.

2. Market sentiment

  • The MATIC market sentiment is seen to be bearish in June 2024.

3. Predictive forecasts

  • Based on our AI/ML predictive algorithms, MATIC can average over $20 in 2028 and $3,000 in 2035.

Stay informed on MATIC’s trajectory via a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

 

MATIC technical analysis: Price plunges despite network’s milestones 


 

Over the past year, MATIC has exhibited notable volatility in its market trends. The current market sentiment presents a range of possibilities, but the Polygon price prediction for 2024 will depend on several factors.

 

The period under review began with the market crash. June proved detrimental, as the asset depreciated to its lowest support during the analyzed time frame, $0.50. The bulls’ attempts to rally briefly pushed the asset over $0.75 in mid-July. However, this spike wasn’t sustainable as more declines followed. 
 

By September, the asset had returned to its lowest floor, paving the way for a stronger bullish rally starting mid-October. This effort culminated in the altcoin finally overcoming the $0.75 resistance in November.

 

Nonetheless, attempts to breach $0.98 mid-month and again in late December faced rejections, leading to minor retractions. Remarkably, the bulls managed to stave off any declines at $0.75.

 

In February, the buying pressure started to build up. This rally was noteworthy for overcoming all previous resistances. By March, MATIC surged past the high resistance at $1.08. Nevertheless, after only two weeks, the price retraced its steps below. 
 

This time, the declines precipitated were more pronounced as the buyers could not stop them at $0.75. The cryptocurrency market flashed red signals, with Bitcoin (BTC) and many major altcoins unable to resist downward volatility. This led the asset to plunge to the low base at $0.60.

 

Between mid-April and late May, bulls focused on flipping $0.75 while consolidating between this level and $0.60. Yet, high liquidity at the former resistance prevented further price increases. As the analysis concluded, MATIC was valued at $0.62.

 

Amid the market bearishness, AMBCrypto’s analysis identified a cluster of long liquidation levels at $0.80 and $0.76. This indicated that even if the price breaks out beyond the range high of $0.75, it might encounter a reversal around the $0.80 area.

 

Meanwhile, things are quite good for Polygon on the network front. AMBCrypto noted that Polygon outperformed Ethereum (ETH) in terms of gas usage and monthly active users due to its growing popularity. Furthermore, in the decentralized finance (DeFi) space, Polygon's PoS, zkEVM, and CDK emerged as top choices for builders.

 

Given the market downturn, the price could fall below the current support level, potentially dropping to $0.50. A significant bearish push could further drive MATIC down to as low as $0.33.

 

For the bulls to sustain a prolonged rally, consistently maintaining momentum above the $1.08 mark is crucial. Surpassing this level could set the next targets at $1.50 and $1.70. The latter price point has remained the same since March 2022, indicating that a significant push from the bulls will be required. With robust buying pressure, MATIC could reach as high as $2.

 

Our predictive models anticipate a strong uptrend continuing. According to these models, the average price of MATIC is projected to reach around $20 by 2028. By 2035, MATIC could achieve an average trading price of $3,000, marking an impressive appreciation of approximately 15,000%

 

MATIC's 2024 roadmap: Key indicators to watch and trade

  • The trading volume recovered from its lackluster state from mid-October. It achieved new peaks with the price. Nonetheless, this resurgence was dampened, coinciding with the declining price. This highlighted investor withdrawal.
  • In the Directional Movement Index (DMI) analysis, the -DI line was initially dominant. Meanwhile, the +DI line crossed above the ADX line in mid-July. This positioning was maintained until Q4 2023.
  • In late October, the +DI line rose above the -DI line. Furthermore, by mid-November, the ADX line surpassed it. The ADX line continued its ascent until it moved past the +DI line in mid-March. However, a reversal occurred, with the ADX and the +DI lines declining while the -DI line ascended. By early April, the +DI line had fallen below the -DI line.
  • By the end of May, the -DI line not only continued its ascent but also moved above the ADX line, reaffirming its dominant position observed at the start of the analysis. At the time of this report, the values were -DI at 22.3952, ADX at 19.5941, and +DI at 17.2768. This indicated a bearish trend but one that was not particularly strong. 
  • At the outset, the price candles stayed below the 20 and 50-week Exponential Moving Averages (EMAs), with the latter acting as the stronger resistance. By late October, the 20 EMA flipped to support. In mid-November, the price also breached the 50 EMA, though it continued to hover close, occasionally dipping below it.
  • The bullish trend was confirmed in February with the formation of a golden cross, which elevated the candles into a dominant position. However, market conditions weakened by early April, with both EMAs shifting back to resistance roles. By early May, the 50 EMA re-established itself as the primary resistance, indicating a return to selling sentiment.
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Polygon Price Prediction

Polygon has had an eventful 2023. To simplify the latest MATIC price prediction, we have divided up the prediction by short term Polygon price prediction and long term Polygon price prediction. As of writing this article, MATIC had a trading volume of 264,065,443. Polygon has gone down by -23.73% in the past 30 days.

According to our analysis in the short term, Polygon price prediction for August 2024 shows the average price of MATIC at 1.05 and the highest possible price for August 2024 would be $1.12.

Further, according to our analysis in the long term, Polygon price prediction for December 2024 shows the average price of MATIC at 1.15 and the highest possible price for December 2024 would be $1.24.

Polygon's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
25 June 2024$0.62$0.57$0.66
26 June 2024$0.62$0.57$0.66
27 June 2024$0.62$0.58$0.67
28 June 2024$0.64$0.59$0.68
3 July 2024$0.72$0.67$0.77
8 July 2024$0.8$0.74$0.85
18 July 2024$0.94$0.88$1.01
August 2024$1.05$0.97$1.12
September 2024$1.08$1.00$1.15
October 2024$1.10$1.03$1.18
November 2024$1.13$1.05$1.21
December 2024$1.15$1.07$1.24

Polygon price prediction 25 June 2024: Polygon's price for 25 June 2024 according to our analysis should range between $0.57 to $0.66 and the average price of MATIC should be around $0.62.

Polygon price prediction 26 June 2024: Polygon's price for 26 June 2024 according to our analysis should range between $0.57 to $0.66 and the average price of MATIC should be around $0.62.

Polygon price prediction 27 June 2024: Polygon's price for 27 June 2024 according to our analysis should range between $0.58 to $0.67 and the average price of MATIC should be around $0.62.

Polygon price prediction 28 June 2024: Polygon's price for 28 June 2024 according to our analysis should range between $0.59 to $0.68 and the average price of MATIC should be around $0.64.

Polygon price prediction 3 July 2024: Polygon's price for 3 July 2024 according to our analysis should range between $0.67 to $0.77 and the average price of MATIC should be around $0.72.

Polygon price prediction 8 July 2024: Polygon's price for 8 July 2024 according to our analysis should range between $0.74 to $0.85 and the average price of MATIC should be around $0.8.

Polygon price prediction 18 July 2024: Polygon's price for 18 July 2024 according to our analysis should range between $0.88 to $1.01 and the average price of MATIC should be around $0.94.

Polygon price prediction August 2024: Polygon's price for August 2024 according to our analysis should range between $0.97 to $1.12 and the average price of MATIC should be around $1.05.

Polygon price prediction September 2024: Polygon's price for September 2024 according to our analysis should range between $1.00 to $1.15 and the average price of MATIC should be around $1.08.

Polygon price prediction October 2024: Polygon's price for October 2024 according to our analysis should range between $1.03 to $1.18 and the average price of MATIC should be around $1.10.

Polygon price prediction November 2024: Polygon's price for November 2024 according to our analysis should range between $1.05 to $1.21 and the average price of MATIC should be around $1.13.

Polygon price prediction December 2024: Polygon's price for December 2024 according to our analysis should range between $1.07 to $1.24 and the average price of MATIC should be around $1.15.

Polygon's Long Term Price Prediction

Polygon’s long term Price Prediction below is a look at MATIC’s future prospect with regards to price. Polygon was last seen at $0.55, with a market cap of $5,149,167,522 and trading volumes of $264,065,443. MATIC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$1.15$0.92$1.39
2025$1.51$1.21$1.81
2026$1.91$1.52$2.29
2027$2.40$1.92$2.88
2028$3.03$2.42$3.63
2029$3.81$3.05$4.57
2030$4.80$3.84$5.76
2031$6.05$4.84$7.26
2032$7.62$6.10$9.15
2033$9.61$7.69$11.53
2035$15.25$12.20$18.30

Polygon price prediction 2024: Polygon's price for 2024 according to our analysis should range between $0.92 to $1.39 and the average price of MATIC should be around $1.15.

Polygon price prediction 2025: Polygon's price for 2025 according to our analysis should range between $1.21 to $1.81 and the average price of MATIC should be around $1.51.

Polygon price prediction 2026: Polygon's price for 2026 according to our analysis should range between $1.52 to $2.29 and the average price of MATIC should be around $1.91.

Polygon price prediction 2027: Polygon's price for 2027 according to our analysis should range between $1.92 to $2.88 and the average price of MATIC should be around $2.40.

Polygon price prediction 2028: Polygon's price for 2028 according to our analysis should range between $2.42 to $3.63 and the average price of MATIC should be around $3.03.

Polygon price prediction 2029: Polygon's price for 2029 according to our analysis should range between $3.05 to $4.57 and the average price of MATIC should be around $3.81.

Polygon price prediction 2030: Polygon's price for 2030 according to our analysis should range between $3.84 to $5.76 and the average price of MATIC should be around $4.80.

Polygon price prediction 2031: Polygon's price for 2031 according to our analysis should range between $4.84 to $7.26 and the average price of MATIC should be around $6.05.

Polygon price prediction 2032: Polygon's price for 2032 according to our analysis should range between $6.10 to $9.15 and the average price of MATIC should be around $7.62.

Polygon price prediction 2033: Polygon's price for 2033 according to our analysis should range between $7.69 to $11.53 and the average price of MATIC should be around $9.61.

Polygon price prediction 2035: Polygon's price for 2035 according to our analysis should range between $12.20 to $18.30 and the average price of MATIC should be around $15.25.

A Historical look at Polygon, MATIC’s price

MATIC/USD Pair

MATIC
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USD
23 June 2021
1.07
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MATIC
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USD
23 June 2022
0.45
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42.85
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MATIC
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USD
23 June 2023
0.65
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143.17
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MATIC
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USD
24 June 2024
0.55
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84.45
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MATIC/Euro Pair

MATIC
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EUR
23 June 2021
0.89
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MATIC
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EUR
23 June 2022
0.43
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48.43
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MATIC
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EUR
23 June 2023
0.59
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138.04
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MATIC
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EUR
24 June 2024
0.51
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86.23
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FAQs about Polygon

What is the price of Polygon as of today 24 June 2024?

Polygon’s current price is $0.55 and witnessed a -4.19% decrease in the past 24 hours. MATIC/BTC pair saw a 0.32% increase in the past 24 hours

Is MATIC a good investment?

Investing in Polygon, MATIC will purely depend on your personal risk appetite. As you can see over the past 24 hours Polygon’s price has witnessed a -4.19% decrease and over the past 30 days Polygon has decrease by -23.73%. So it all depends on if this investment will hit your trading goals.

How high can Polygon’s price go this year in 2024?

According to our latest Polygon Price prediction for 2024, MATIC should vary between $1.39 and $0.92. Please keep in mind that the crypto market is very volatile and this Polygon price prediction does not account for extreme wild swings in price.

How much will the Polygon be worth in 2024 ?

As per the Polygon price prediction 2024 model above, MATIC’s price for June 2024 should range between $0.92 to $1.39 with the average price for June being $1.15

How much will Polygon be worth in 2025?

According to the Polygon Price Prediction model above, MATIC’s price in 2025 would be $1.51. This price would however would range from $1.81 and $1.21.

How much will Polygon be worth in 2026?

According to the Polygon Price Prediction model above, MATIC’s price in 2026 would be $1.91. This price would however would range from $2.29 and $1.52.

How much will Polygon be worth in 2027?

According to the Polygon Price Prediction model above, MATIC’s price in 2027 would be $2.40. This price would however would range from $2.88 and $1.92.

How much will Polygon be worth in 2028?

According to the Polygon Price Prediction model above, MATIC’s price in 2028 would be $3.03. This price would however would range from $3.63 and $2.42.

How much will Polygon be worth in 2029?

According to the Polygon Price Prediction model above, MATIC’s price in 2029 would be $3.81. This price would however would range from $4.57 and $3.05.

How much will Polygon be worth in 2030?

According to the Polygon Price Prediction model above, MATIC’s price in 2030 would be $4.80. This price would however would range from $5.76 and $3.84.

How much will Polygon be worth in 2031?

According to the Polygon Price Prediction model above, MATIC’s price in 2031 would be $6.05. This price would however would range from $7.26 and $4.84.

How much will Polygon be worth in 2032?

According to the Polygon Price Prediction model above, MATIC’s price in 2032 would be $7.62. This price would however would range from $9.15 and $6.10.

How much will Polygon be worth in 2033?

According to the Polygon Price Prediction model above, MATIC’s price in 2033 would be $9.61. This price would however would range from $11.53 and $7.69.

How much will Polygon be worth in 2035?

According to the Polygon Price Prediction model above, MATIC’s price in 2035 would be $15.25. This price would however would range from $18.30 and $12.20.

What was the highest price of Polygon?

The highest price for Polygon was recorded in 27 December 2021 during which MATIC hit an All Time High of $2.92

What is the price of 1 Polygon?

The price of 1 Polygon according to current market rate is $0.55