Polygon's price is forming a foundation, aiming for a breakout at the $0.28 resistance area
In the cryptocurrency market, Polygon (MATIC) is currently trading at $0.2155 with a 24-hour volume of $100.2 million. The token has experienced a 6.14 percent drop in the last day and a 12.32 percent decline over the past week.
Despite the recent downturn, market analyst Crypto Patel has identified an accumulation-to-expansion setup for Polygon. Crypto Patel believes that the price of Polygon has repeatedly bounced off the $0.19 to $0.21 range, making it a key demand zone.
According to Crypto Patel, the first real breakout trigger for Polygon is $0.28. If the price surpasses this level, it could potentially trigger a rally for Polygon, with targets beyond $0.41. However, the structure of Polygon's price remains valid as long as the price stays above $0.15.
The chart shows a clear sideways pattern, forming higher lows against strong support, which could be the groundwork for an eventual push higher if momentum returns. A move and retest above $0.28 could shift Polygon into expansion mode.
The current analysis on Polygon's price movement highlights $0.28 as a significant breakout level. Breaking above this resistance could lead to higher gains within the predicted range, while failure to break through may result in further consolidation or downside towards the low $0.20s.
Recent technical and price forecasts support this view. For instance, Changelly's 2025 price prediction sets $0.2517 as a minimum and $0.2884 as the likely maximum level, with $0.28 acting as a crucial breakout threshold. CoinDCX analysis indicates a price range for Polygon in 2025 between $0.24 and $0.42, noting that failure to break resistance near the 200-day EMA (~$0.27) might cause prices to fall back to support near $0.20–$0.22.
Current technical signals show mixed to weak bullish momentum, with Polygon trading below major moving averages and RSI near 38, indicating possible consolidation before a decisive move. The "quiet period" in news and technical data points to $0.28 as a key technical pivot point to watch for a breakout or failure.
As of July 31, 2025, Polygon was trading near $0.21, below the critical breakout level, facing downward pressure consistent with broader crypto market weakness.
In summary, $0.28 is viewed as a critical breakout trigger for Polygon (MATIC) because it sits near a key resistance level implied by moving averages and price forecasts. Surpassing this price would likely confirm a bullish breakout, enabling MATIC to move towards higher target levels (potentially $0.30 or higher), whereas failure to break through may result in further consolidation or downside towards the low $0.20s.
[1] Changelly Price Prediction for Polygon (MATIC) in 2025: https://changelly.com/learn/price-prediction/polygon [2] CoinDCX Analysis: Polygon (MATIC) Price Prediction for 2025: https://coindcx.com/blog/polygon-matic-price-prediction-2025/ [3] Technical Analysis: Polygon (MATIC) Price Movement in July 2025: https://www.tradingview.com/chart/MATICUSDT/JE8CZ6tN-Polygon-Price-Movement-July-2025/ [4] Polygon Price Analysis: July 31, 2025: https://www.newsbtc.com/2025/07/31/polygon-price-analysis-july-31-2025/
Investing in Polygon (MATIC) could potentially be an interesting opportunity, given Crypto Patel's analysis of $0.28 as a crucial breakout threshold. If the MATIC price surpasses this level, it could lead to higher gains within the predicted range.
Conversely, failing to break through this resistance may result in further consolidation or downside towards the low $0.20s, as suggested by both Changelly's and CoinDCX's price predictions.
