MATIC SETS FOR A RALLY AS POLYGON FOUNDATION CONFIRMS THE MIGRATION DATE
- Polygon price breaks above a falling wedge pattern, suggesting a shift in market structure.
- The Polygon Foundation has officially announced September 4 as the migration date for MATIC to POL.
- On-chain data shows that the daily active addresses are rising and have recorded the highest this year.
- A daily candlestick close below $0.426 would invalidate the bullish move.
Polygon (MATIC) price has broken above a falling wedge pattern, indicating a shift in market structure from bearish to bullish. The Polygon Foundation officially announced on Thursday that September 4 is the migration date for MATIC to POL. On-chain data reveals a significant increase in daily active addresses, the highest recorded this year, signaling a forthcoming bullish momentum
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