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- Alan Santana predicts Polygon (MATIC) may experience a 1,500% bullish wave by 2025.
- MATIC’s transition to POL is set to enhance security and performance on the Polygon network.
In a tweet, crypto analyst Alan Santana has made a big forecast about Polygon (MATIC), claiming that the crypto is in the middle of a massive bullish wave that could skyrocket by 1,500%.
Santana emphasizes that MATIC is currently in the process of confirming a long-term higher low, which has been occurring for more than two years—specifically, 778 days. According to Santana, this higher low is a strong bullish indicator that could lead to significant price gains.
✴️ Polygon (MATIC) 778 Days Higher Low, Prepares For 1,500% Bullish-Wave
Good morning my fellow traders, and this is a good morning based on this amazing chart/opportunity that I am seeing right now.
Polygon (MATICUSDT) is in the process of confirming a long-term higher low.… pic.twitter.com/2qeQGwk9g5
— Alan Santana (@lamatrades1111) August 21, 2024
Massive Growth for MATIC Across Timeframes
Santana explains that such price activity frequently generates strong bullish momentum. He delves into MATIC’s short- and long-term aims, beginning with the short-term forecast. He expects that MATIC’s value will climb by 300% in the following months
. In the midterm, he thinks the token could easily climb by 840%. These projections are stunning in and of themselves, but Santana goes beyond that.
He goes on to discuss MATIC’s long-term potential, projecting that it will hit a new all-time high (ATH) of $7.64 by 2025, if not more. Given MATIC’s current trade price, this is a remarkable ~1,500% increase.
Santana further notes that with 2-3X leverage, the potential profits might be increased to 3,000–4,500%, representing tremendous rewards for investors. He notes that this is simply one of the several chances available in the crypto industry and advises investors to buy and hold responsibly.
MATIC is currently showing indicators of the projected bullish trend. According to the most recent data, the MATIC price has risen 13.47% over the last 24 hours, reaching $0.5336, putting it first on the list of top gainers. Furthermore, daily trading volume has increased by 121% to $560.90 million.
This price shift follows our previous reports indicating a huge surge in activity from Polygon Whales, with transactions up by 16,263%. This increase in whale activity is most likely motivated by anticipation of the impending POL upgrade, which is expected to improve the Polygon network’s security and performance.
Polygon’s move from MATIC to POL, scheduled for September 4, 2024, is part of the network’s overall growth strategy. The change entails modernizing its services to improve security and network performance.
In addition, POL tokens will be issued to reward validators and finance community projects, assuring the network’s continued security and creativity.
