MATIC Price Prediction: Polygon Eyes $1.70-$2.10 Breakout as Technical Setup Aligns with August 2025 Targets
The post MATIC Price Prediction: Polygon Eyes $1.70-$2.10 Breakout as Technical Setup Aligns with August 2025 Targets appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Aug 23, 2025 10:33
MATIC price prediction suggests potential 300-400% upside to $1.70-$2.10 by end of August 2025, despite current bearish momentum near critical $0.33-$0.35 support zone.
Polygon (MATIC) sits at a critical juncture as technical indicators present a mixed picture while analyst consensus points toward significant upside potential. With MATIC trading at $0.38, our comprehensive MATIC price prediction analysis reveals compelling opportunities amid current market uncertainty. MATIC Price Prediction Summary • MATIC short-term target (1 week): $0.35-$0.42 range (-8% to +11%) • Polygon medium-term forecast (1 month): $1.70-$2.10 range (+347% to +453%) • Key level to break for bullish continuation: $0.58 (strong resistance) • Critical support if bearish: $0.33-$0.35 (analyst-identified support zone) Recent Polygon Price Predictions from Analysts The analyst community shows remarkable convergence in their Polygon forecast, with multiple sources targeting the $1.70-$2.10 range by August 2025’s end. Blockchain.News leads with the most aggressive MATIC price target of $2.10, citing potential 300-400% upside from current levels. This bullish sentiment is echoed by Trader Fan and supported by CoinLore’s $1.91 projection. However, CoinCodex provides a stark contrarian view with a conservative $0.24 short-term target, highlighting immediate downside risks that cannot be ignored. This divergence between short-term caution and medium-term optimism creates an intriguing risk-reward dynamic for MATIC investors. The consensus identifies the $0.33-$0.35 range as critical technical support, with most analysts viewing any approach to these levels as potential accumulation opportunities rather than breakdown signals. MATIC Technical Analysis: Setting Up for Potential Reversal Current Polygon technical analysis reveals MATIC trading below all major moving averages, with the SMA 200 at $0.69 representing significant overhead resistance. The RSI at 38.00 sits in neutral territory, suggesting neither oversold nor overbought conditions, while the MACD histogram at -0.0045 indicates persistent bearish momentum.…
Filed under: News - @ August 23, 2025 5:27 pm