• Polygon price prediction suggests the coin is ready to break into the upside, with the 9-day moving average remaining above the 21-day moving average.
• If the bulls maintain the upward trend, MATIC/USD may continue with the bullish movement which could take the coin to the resistance levels of $1.20, $1.30, and $1.40.
• The technical indicator Relative Strength Index (14) is moving above the 70-level with the signal line pointing to the north, suggesting bullish movement.

Polygon (MATIC) is experiencing a decent recovery in its price, as the coin approaches a major hurdle near $1.20. The Polygon price prediction is optimistic, as the 9-day moving average remains above the 21-day moving average. The coin is currently trading at $1.08, with a market cap of $9.4 billion. This places Polygon in the 10th position in the Coinmarketcap rankings. The technical indicator Relative Strength Index (14) is moving above the 70-level with the signal line pointing to the north, suggesting bullish movement.

The bulls are in control of the market and are attempting to break the upper boundary of the channel. However, due to a lack of buying power, the bulls may need to gather enough energy to push the coin to the upside. If the bulls can maintain the current upward trend, MATIC/USD may continue with the bullish movement which could take the coin to the resistance levels of $1.20, $1.30, and $1.40. On the other hand, any strong selling pressure could drag the price to the support levels of $0.90, $0.80, and $0.70.

Investors should exercise caution when investing in Polygon, as prices can be unpredictable. They should also take into consideration the current market conditions and do their own research before investing. With the current bullish outlook for Polygon, investors should be able to make informed decisions about their investments.