Log in

Market Direction

MATIC conquers $0.69: Is $0.75 the gateway to a major rally?

Updated: Jul 25, 2024
Published: Nov 6, 2023
0
Share:

MATIC's current rally isn't just a flash in the pan—it's a calculated reclaiming of territory. Having surged past the $0.69 mark, Polygon now sets its sights on the $0.75 resistance level, a decisive point that could cement its short-term trajectory and potentially unlock a move towards $0.95. Will MATIC become the new darling of the markets? 

Post Feature Image

https://youtu.be/fAWaYYIfhuE 

TLDR

  • MATIC has successfully breached the $0.69 resistance, aiming for the crucial $0.75 mark.
  • Clearing $0.75 could open a path to $0.95, marking substantial upside potential.
  • The RSI is not signalling overbought conditions yet, hinting at more room to grow in the short term.
  • We recommend considering MATIC for long-term positions, especially if it maintains above $0.69 and suggests a push beyond $0.75.
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. “One Glance” by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. They are not signals, and they are not financial advice.

Technical analysis

MATIC has gotten above the $0.69 horizontal resistance and now heads higher. The main resistance above the current price is $0.75. If price can clear above this, then the door is open for a move up to $0.95.

For MATIC, in terms of downside, it's important that MATIC can maintain the $0.69 level as new support. It also needs to build a base there that can help it get a more sustainable move higher. 

MATIC 3D
aligncenter size-full wp-image-290161

Mechanics

RSI-wise, this is still not close to overbought territory on the 3D timeframe, and therefore, there may be some further upside for MATIC here.  

Regarding funding rates, MATIC is positive, but the level of open interest isn’t too high, suggesting that this is a healthier setup than most in the futures/derivatives setup. 

Cryptonary’s take

MATIC has reclaimed a key level, with the next one arguably the most critical. We like MATIC and think it’s a good play for the long run. MATIC is likely a good buy at current prices, and if DCA’ed into sub $0.70, this should provide some great long-term upside.

Our feeling in the short term is that MATIC can test $0.75, but if it can get above that price, we may see a significant further upside.



100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC $100k Target Hit, SFP Confirmed
PRO
Market Direction
BTC $100k Target Hit, SFP ConfirmedUpdate on our Nov 3rd/7th forecast: BTC moved exactly to our $100k-$102k target zone as predicted. W...
13 min read
Nov 10, 2025
Market Direction: At $100k - Your 7-Day Action Plan
PRO
Market Direction
Market Direction: At $100k - Your 7...Markets hit major support zones with BTC at the $100k level. Key altcoins face rejection; reversal o...
11 min read
Nov 7, 2025
Privacy Coins Lead the Way: Bullish Setups and Key Levels to Watch
PRO
Market Direction
Privacy Coins Lead the Way: Bullish...Privacy sector coins show bullish setups and key levels as they outperform during this crypto correc...
9 min read
Nov 4, 2025