Polygon’s (MATIC) price is moving towards its previous high of $1.49 from 2023. This asset’s price has risen 4.3% on the daily charts; 17.1% on the weekly charts; 18.4% on the 14-day chart and by over 50% in comparison to the prior month. MATIC has seen its price rise by only 10.8%, a much smaller amount than many of its competitors, since March 2023.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Polygon-MATIC-Weekend-Price-Prediction.jpg)
Also Read: Top 5 Polygon Ecosystem Tokens to Invest In
Polygon (MATIC’s) recent rally was most likely caused by Bitcoin (BTC), which hit a new record high today of $73,603. BTC’s rise is due to an increase in the number of people investing into BTC ETF products (Exchange Traded Funds). In March, the spot BTC ETFs saw inflows exceeding $1 billion. Inflows to the BTC Spot ETFs will exceed $1 billion by 2024.
How high will Polygon (MATIC?) go?
![Polygon (MATIC) Price Prediction: December 2023](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Polygon-MATIC-Weekend-Price-Prediction.jpeg)
![Polygon (MATIC) Price Prediction: December 2023](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Polygon-MATIC-Weekend-Price-Prediction.jpeg)
CoinCodex predicts that MATIC will reach $1.337691 by March. 17 2024 will see a 7.8% increase from the current level. The platform predicts MATIC will face a sharp correction after it reaches $1.33 and fall to $1.22 at the end of this month.
Also Read: New Meme Token on Polygon Chain Sponge V2 Hits All-Time High—Best Crypto to Buy Now?
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Polygon-MATIC-Weekend-Price-Prediction.png)
Changelly The same picture is painted for Polygon, MATIC. It predicts that the asset will reach a price maximum of $1.33 in this month. Paltform, however, predicts MATIC to see a price surge by the end of the year. It is expected that the asset will reach a maximum value of $1.93 in December.
Also Read: How to Bridge Polygon to Solana?
TelegaonMATIC, however, has a bullish outlook. Platform predicts that the asset will reach a price maximum of $5.06 in this year. This would mark a new high. To reach $5.06 at current levels, that would represent a 308% increase. Telegaon, however, does not specify the month that MATIC might reach this goal. We may also see MATIC reach new heights if BTC’s bullish trend continues.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: watcher.guru