The price of Polygon (MATIC) plummeted more than 7% yesterday – dropping from an opening price of $1.1718 to a low of $1.0550. Fortunately, MATIC’s price was able to recover somewhat yesterday to close the day’s trading session above the $1.0773 support level at $1.0843. MATIC’s price had entered into a 4-day positive sequence last Thursday. During this sequence, the altcoin’s price climbed from a low of $1.0959 to a high of $1.1885 on Sunday. In the days that followed, MATIC’s price dropped sharply.