Given that the price has been moving down over the last 24 hours, Polygon’s (MATIC) price analysis is indicating a drop. Although the cryptocurrency swayed positively earlier this week, bears have grabbed control and driven MATIC/USD prices down to $1.01 as of this writing.
In comparison to Bitcoin (BTC) and Ethereum (ETH), MATIC declined by roughly 1.03% and 0.68%, respectively. The 24 hour trading volume for MATIC is currently in the green zone at $561,268,461, an increase of more than 9.09% for the past day.
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Source: Cryptocurrency - investing.com