MATRIC Price Reversal Outlook: Technical Analysis and Analyst Forecasts Converge for End-August 2025 Recovery Target

MATIC Price Prediction: Targeting $1.70-$2.10 Recovery by End August 2025

Polygon’s native token, MATIC, is on the cusp of a significant recovery, with various analysts forecasting substantial gains in the coming weeks. In this article, we’ll delve into the technical and analytical factors that suggest a reversal in sentiment towards a $1.70-$2.10 target by the end of August 2025.

Despite the current bearish momentum, multiple analyst projections have converged on similar targets between $1.70-$2.10 for the remainder of the month. This consensus stems from historical crypto market cycles and technical analysis patterns. Notably, CoinLore has pinpointed a potential $1.91 target, further solidifying the likelihood of MATIC’s recovery.

From a technical standpoint, MATIC is trading in severely oversold territory, as evidenced by the Relative Strength Index (RSI) reading of 38.00, which sits within the bearish range. The Bollinger Bands position of -1.20 underscores the token’s significant undervaluation compared to its historical averages.

The MACD histogram at -0.0045 confirms the persistence of bearish momentum, although the magnitude suggests selling pressure may be diminishing. Notably, price action has rejected the lower Bollinger Band at $0.31, potentially creating a mean reversion play towards the middle band at $0.43.

In terms of short-term and medium-term projections, we maintain a cautiously optimistic outlook despite current technical headwinds. Our MATIC price prediction targets the aforementioned $1.70-$2.10 range, which represents an astonishing 300-400% upside potential from present levels.

In light of this forecast, traders are advised to monitor the $0.33-$0.35 support zone closely, as a breakdown below these levels would invalidate the bullish thesis. Conversely, if MATIC can establish support above $0.45 within the next 1-2 weeks, it may serve as an early confirmation signal for the predicted recovery.

While some might consider this scenario overly optimistic, it is essential to acknowledge the mixed signals from various technical indicators and analyst projections. In conclusion, we urge traders to remain vigilant and poised for potential entry points, keeping in mind the crucial support/resistance levels at $0.33-$0.35 and $0.45-$0.58.

For those seeking more information on MATIC price prediction, analysts’ forecasts, and cryptocurrency market insights, please refer to our comprehensive coverage of Polygon and other digital assets within the blockchain ecosystem.

Source: Blockchain.News