Polygon released new updates and data about its zkEVM. MATIC looked bullish on its metrics front and indicators were supportive too. Polygon’s [MATIC] zkEVM has remained a topic of discussion for quite a few months now. This was because its public testnet went live in 2022. Polygon ZK recently revealed that the first public testnet […]
, investors’ expectations reached new highs. MATIC showed resistance at the $0.94 mark for a couple of weeks. The good news was that MATIC broke its resistance, giving hope for a continued price surge.
The Exponential Moving Average Ribbon displayed a bullish crossover. Additionally, the MACD’s reading complemented that of the EMA Ribbon, as it, too, revealed a bullish advantage in the market. Nonetheless, the Relative Strength Index was in the overbought zone, which might restrict MATIC’s price from going up in the short term.Subscribe to get it daily in your inbox.
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LINK investors flood the market, but could declining VRF demand pose problem?Chainlink price spike due to increased address interactions. There was a decline in VRF demand, and network growth, but growing whale interest and collaborations. Chainlink [LINK], a decentralized oracle network, has recently seen a significant increase in price over the past few days. According to data from Santiment, this spike in price can be attributed […]
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