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Market Cap
$ 4,960,193,959
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Total Volume
$ 197,803,615
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24 Hour
-0.46%
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7 Day
0.78%
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Polygon Price Prediction: 2024, 2025, 2030

Polygon price prediction, MATIC’s price has dumped by -0.46% in the last 24 hours.
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Polygon
Price Prediction
Polygon, MATIC could hit $1.02 in 2024
Polygon’s price prediction for the most bearish scenario will value MATIC at $0.42 in 2024.
Polygon’s price prediction for the most bullish scenario will value MATIC at $1.02 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 $0.5. It has moved by 0.78 % in the past week and is currently at $0.53. Infact, in the past 24 hours, MATIC has dumped by -0.46 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and MATIC could hit $1.79 in 2025.

The total circulating supply of Polygon as of writing this article was $9282943566.20 and the marketcap of MATIC remains at $4,960,193,959. Polygon price in the longer term is expected to reach a high of $16.63 in 2035.

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

  • Within the weekly time frame, $0.33 can likely be the lowest support level for MATIC.
  • Conversely, the highest resistance was observed at $1.08.

2. Market sentiment

  • As of July 2024, the MATIC market exhibits a bearish stance.

3. Predictive forecasts

  • Projections from our AI/ML predictive algorithms forecast that MATIC can average over $4 in 2029 and $10 in 2033.

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: Can the asset defy bearish expectations?

 

In the last year, MATIC has experienced significant volatility. The present market presents a dichotomy of possibilities, but the Polygon price prediction in 2024 will hinge on various factors.

 

July 2023 began with a bullish surge, which elevated the price over $0.75 mid-month. However, the broader downtrend cut this spike short, and declines followed. By September, the asset depreciated to $0.51.

 

After halting declines for over a month, this level was a springboard for a notable bull run that flipped $0.75 in November. A gradual accumulation of buying pressure allowed MATIC to test the highest yearly resistance at $1.08 by the end of December.
 

Nonetheless, the altcoin failed to overcome it. In February, DOT rallied again with the broader market and surged past the peak barrier in March. After a two-week success, it retraced its steps below.
 

By April, a series of bearish candles reinstated $0.75 as a resistance. This trend was not isolated to DOT but impacted the entire sector. Subsequently, the asset consolidated between this level and $0.66. High liquidity at the former lowered the odds of a bullish breakout despite repeated tests.
 

Thus, the price broke down below $0.66 in June. The selling trend continued, with the price hitting a nine-month low towards the end of June. Furthermore, 92% of the holders were experiencing losses.
 

The two-year held support at $0.51 was lost to sellers by July. AMBCrypto noted that whale transactions spiked mid-month. Consequently, the price surged over the former level to exchange hands at $0.55 at press time.

 

An earlier analysis by AMBCrypto outlined Polygon's historical performance, identifying two key accumulation phases. The first, a 630-day channel accumulation, resulted in a staggering 20,000% return. Currently, MATIC is in a 1218-day symmetrical triangle accumulation phase, suggesting a possible bullish breakout akin to the earlier phase.
 

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 hasn't been tested since March 2022, indicating that a significant push from the bulls would be required. With robust buying pressure, MATIC could reach as high as $2.

 

If sell-offs start again, the price could fall below the current support level, potentially dropping to $0.46. A significant bearish push could further drive MATIC down to as low as $0.33.

 

Our predictive models suggest a cautiously optimistic outlook for the asset. According to these projections, the average price of MATIC is expected to hit $4 by 2029 and could reach an average trading price of $10 by 2033.

 

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

  • The trading volume rebounded from mid-October, reaching new highs alongside the price. However, this revival was curtailed as prices fell, underscoring investor withdrawal.
  • The -DI line was initially dominant in the Directional Movement Index (DMI). By mid-July, the +DI line crossed above the ADX line, and it also surpassed the -DI line by late October. 
  • The ADX line overtook the -DI line by mid-November and the +DI line by mid-March. A reversal occurred as the ADX and +DI lines declined while the -DI line rose, regaining dominance over the latter by early April. 
  • By June, the -DI line surpassed the ADX line, reaffirming its initial dominance. At the time of writing, the values were -DI at 26.6502, ADX at 22.5076, and +DI at 14.6645, indicating a bearish trend.
  • The 20 and 50-week Exponential Moving Averages (EMAs) were flipped bullishly by late October and mid-November, respectively. However, the candles hovered close to the 50 EMA, occasionally dipping below it.
  • The bullish trend was confirmed in mid-February with the formation of a golden cross. Nevertheless, the market conditions deteriorated by early April, with both EMAs shifting back to resistance levels, culminating in a death cross in early May. This validated the sustainability of the downtrend.
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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 197,803,615. Polygon has gone down by -6.91% in the past 30 days.

According to our analysis in the short term, Polygon price prediction for September 2024 shows the average price of MATIC at 0.77 and the highest possible price for September 2024 would be $0.82.

Further, according to our analysis in the long term, Polygon price prediction for January 2025 shows the average price of MATIC at 1.49 and the highest possible price for January 2025 would be $1.59.

Polygon's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
22 July 2024$0.55$0.51$0.59
23 July 2024$0.55$0.51$0.59
24 July 2024$0.55$0.51$0.59
25 July 2024$0.56$0.52$0.6
30 July 2024$0.59$0.55$0.63
4 August 2024$0.63$0.59$0.67
14 August 2024$0.7$0.65$0.75
September 2024$0.77$0.71$0.82
October 2024$0.79$0.74$0.85
November 2024$0.82$0.76$0.88
December 2024$0.84$0.78$0.9

Polygon price prediction 22 July 2024: Polygon's price for 22 July 2024 according to our analysis should range between $0.51 to $0.59 and the average price of MATIC should be around $0.55.

Polygon price prediction 23 July 2024: Polygon's price for 23 July 2024 according to our analysis should range between $0.51 to $0.59 and the average price of MATIC should be around $0.55.

Polygon price prediction 24 July 2024: Polygon's price for 24 July 2024 according to our analysis should range between $0.51 to $0.59 and the average price of MATIC should be around $0.55.

Polygon price prediction 25 July 2024: Polygon's price for 25 July 2024 according to our analysis should range between $0.52 to $0.6 and the average price of MATIC should be around $0.56.

Polygon price prediction 30 July 2024: Polygon's price for 30 July 2024 according to our analysis should range between $0.55 to $0.63 and the average price of MATIC should be around $0.59.

Polygon price prediction 4 August 2024: Polygon's price for 4 August 2024 according to our analysis should range between $0.59 to $0.67 and the average price of MATIC should be around $0.63.

Polygon price prediction 14 August 2024: Polygon's price for 14 August 2024 according to our analysis should range between $0.65 to $0.75 and the average price of MATIC should be around $0.7.

Polygon price prediction September 2024: Polygon's price for September 2024 according to our analysis should range between $0.71 to $0.82 and the average price of MATIC should be around $0.77.

Polygon price prediction October 2024: Polygon's price for October 2024 according to our analysis should range between $0.74 to $0.85 and the average price of MATIC should be around $0.79.

Polygon price prediction November 2024: Polygon's price for November 2024 according to our analysis should range between $0.76 to $0.88 and the average price of MATIC should be around $0.82.

Polygon price prediction December 2024: Polygon's price for December 2024 according to our analysis should range between $0.78 to $0.9 and the average price of MATIC should be around $0.84.

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 $0.53, with a market cap of $4,960,193,959 and trading volumes of $197,803,615. MATIC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$0.84$0.67$1.02
2025$1.49$1.19$1.79
2026$1.86$1.49$2.23
2027$2.33$1.86$2.79
2028$2.91$2.33$3.49
2029$3.63$2.91$4.36
2030$4.54$3.63$5.45
2031$5.68$4.54$6.81
2032$7.10$5.68$8.52
2033$8.87$7.10$10.65
2034$11.09$8.87$13.31
2035$13.86$11.09$16.63

Polygon price prediction 2024: Polygon's price for 2024 according to our analysis should range between $0.67 to $1.02 and the average price of MATIC should be around $0.84.

Polygon price prediction 2025: Polygon's price for 2025 according to our analysis should range between $1.19 to $1.79 and the average price of MATIC should be around $1.49.

Polygon price prediction 2026: Polygon's price for 2026 according to our analysis should range between $1.49 to $2.23 and the average price of MATIC should be around $1.86.

Polygon price prediction 2027: Polygon's price for 2027 according to our analysis should range between $1.86 to $2.79 and the average price of MATIC should be around $2.33.

Polygon price prediction 2028: Polygon's price for 2028 according to our analysis should range between $2.33 to $3.49 and the average price of MATIC should be around $2.91.

Polygon price prediction 2029: Polygon's price for 2029 according to our analysis should range between $2.91 to $4.36 and the average price of MATIC should be around $3.63.

Polygon price prediction 2030: Polygon's price for 2030 according to our analysis should range between $3.63 to $5.45 and the average price of MATIC should be around $4.54.

Polygon price prediction 2031: Polygon's price for 2031 according to our analysis should range between $4.54 to $6.81 and the average price of MATIC should be around $5.68.

Polygon price prediction 2032: Polygon's price for 2032 according to our analysis should range between $5.68 to $8.52 and the average price of MATIC should be around $7.10.

Polygon price prediction 2033: Polygon's price for 2033 according to our analysis should range between $7.10 to $10.65 and the average price of MATIC should be around $8.87.

Polygon price prediction 2034: Polygon's price for 2034 according to our analysis should range between $8.87 to $13.31 and the average price of MATIC should be around $11.09.

Polygon price prediction 2035: Polygon's price for 2035 according to our analysis should range between $11.09 to $16.63 and the average price of MATIC should be around $13.86.

A Historical look at Polygon, MATIC’s price

MATIC/USD Pair

MATIC
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USD
20 July 2021
0.73
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MATIC
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USD
20 July 2022
0.92
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125.6
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MATIC
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USD
20 July 2023
0.74
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80.49
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MATIC
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USD
21 July 2024
0.53
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71.76
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MATIC/Euro Pair

MATIC
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EUR
20 July 2021
0.62
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MATIC
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EUR
20 July 2022
0.9
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144.77
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MATIC
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EUR
20 July 2023
0.66
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73.49
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MATIC
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EUR
21 July 2024
0.49
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73.86
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FAQs about Polygon

What is the price of Polygon as of today 21 July 2024?

Polygon’s current price is $0.53 and witnessed a -0.46% decrease in the past 24 hours. MATIC/BTC pair saw a -0.80% decrease 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 -0.46% decrease and over the past 30 days Polygon has decrease by -6.91%. 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 $1.02 and $0.67. 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 July 2024 should range between $0.67 to $1.02 with the average price for July being $0.84

How much will Polygon be worth in 2025?

According to the Polygon Price Prediction model above, MATIC’s price in 2025 would be $1.49. This price would however would range from $1.79 and $1.19.

How much will Polygon be worth in 2026?

According to the Polygon Price Prediction model above, MATIC’s price in 2026 would be $1.86. This price would however would range from $2.23 and $1.49.

How much will Polygon be worth in 2027?

According to the Polygon Price Prediction model above, MATIC’s price in 2027 would be $2.33. This price would however would range from $2.79 and $1.86.

How much will Polygon be worth in 2028?

According to the Polygon Price Prediction model above, MATIC’s price in 2028 would be $2.91. This price would however would range from $3.49 and $2.33.

How much will Polygon be worth in 2029?

According to the Polygon Price Prediction model above, MATIC’s price in 2029 would be $3.63. This price would however would range from $4.36 and $2.91.

How much will Polygon be worth in 2030?

According to the Polygon Price Prediction model above, MATIC’s price in 2030 would be $4.54. This price would however would range from $5.45 and $3.63.

How much will Polygon be worth in 2031?

According to the Polygon Price Prediction model above, MATIC’s price in 2031 would be $5.68. This price would however would range from $6.81 and $4.54.

How much will Polygon be worth in 2032?

According to the Polygon Price Prediction model above, MATIC’s price in 2032 would be $7.10. This price would however would range from $8.52 and $5.68.

How much will Polygon be worth in 2033?

According to the Polygon Price Prediction model above, MATIC’s price in 2033 would be $8.87. This price would however would range from $10.65 and $7.10.

How much will Polygon be worth in 2034?

According to the Polygon Price Prediction model above, MATIC’s price in 2034 would be $11.09. This price would however would range from $13.31 and $8.87.

How much will Polygon be worth in 2035?

According to the Polygon Price Prediction model above, MATIC’s price in 2035 would be $13.86. This price would however would range from $16.63 and $11.09.

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 $0.53