- The Polygon crypto price has dropped by 20% in the past 2 weeks.
- The Polygon crypto price is below the significant moving average, which showcases a bearish trend.
Polygon is a Layer 2 scaling solution that gets support from Binance and Coinbase. It does not plan to change its basic blockchain layer, but instead, it works on making it faster and easier to use.
Moreover, Polygon is also one of those blockchains that have achieved zero carbon emissions and want to use blockchain to track and reduce carbon emissions.
In addition, Polygon’s zero carbon emission goal is only the first step towards sustainability. However, Polygon still has some environmental impact, even though it uses the proof-of-stake consensum mechanism, which is much more energy-efficient than proof-of-work.
Long-term Polygon Price Prediction for 2025, 2026, 2027, 2028, 2029, 2030, and 2031
Polygon’s annual low price prediction for 2025 is estimated to be $0.815625 based on its historical price movements and BTC halving cycles. The price of Polygon is expected to reach as high as $ 4.33 next year. Using the same basis, here is the prediction of the price of Polygon for each year up until 2030.
Year | Yearly Low | Yearly High |
2025 | $0.81 | $4.33 |
2026 | $0.90 | $5.46 |
2027 | $1.60 | $3.05 |
2028 | $1.18 | $2.18 |
2029 | $1.83 | $6.34 |
2030 | $1.92 | $7.79 |
2031 | $2.83 | $4.70 |
Polygon Price Technical Analysis on Daily Timeframe
The Polygon token is witnessing slow and steady gains and it is rising by taking support on a trendline. Currently, the MATIC price is on the trendline and it has consolidated for a while.
If the MATIC price gains bullish momentum and the buyers manage to lift the price to $0.900, then it may rise to the last swing high.
On the other hand, if the Polygon token fails to defend the trendline and sustains below it, then the sellers may dominate and profit booking can be initiated.
Polygon Price Prediction 2026
The Polygon token’s price prediction for 2026 is currently between $0.900754 on the lower end and $5.46 on the high end. Compared to today’s price, MATIC could gain 576.58% by 2026 if it reaches the upper price target.
MATIC Price Prediction 2007
The MATIC price prediction for 2031 is currently projected to range from $2.83 on the low end to $4.70 on the high end. If the upper price target is reached, MATIC’s price would be 482.53% higher compared to today’s price.
Polygon Price Prediction FAQs
What is the MATIC crypto price prediction today?
Based on our prediction chart, the price of MATIC will increase by 0.00% and reach $ 0.815625 by Jan 18, 2024
What is the MATIC price prediction for tomorrow?
MATIC is predicted to gain 0.00% and reach a price of $ 0.815625 tomorrow.
What is the MATIC crypto price prediction for this week?
According to our price prediction, MATIC is forecasted to trade within a price range of $0.815625 and $1.061916 this week.
What is the current MATIC price prediction sentiment?
The current price prediction sentiment is bearish as per our technical analysis.
Conclusion
The price of MATIC has been in a bullish trend since October but it has currently halted near the hurdle of $1. Currently, the MATIC price is struggling between the 20-day and 200-day moving averages. The RSI is at 43 and it has continuously declined from the overbought zone, indicating selling pressure.