POL (ex-MATIC) May Experience a Bullish Reversal at $0.30 Level
Login

POL (ex-MATIC) May Experience a Bullish Reversal at $0.30 Level

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Bulls are opposing Bears

POL (ex-MATIC) Price Analysis – 28 October

After breaking through the $0.30 barrier, POL (ex-MATIC) might be able to move on to the $0.25 and $0.20 difficulty levels. If buyers can get some momentum, the market may be able to break above the $0.35 resistance level and expose itself to the $0.43 and $0.47 levels.

Key Levels:

Resistance levels: $0.35, $0.43, $0.47

Support levels: $0.30, $0.25, $0.20

POL (ex-MATIC) Long-term Trend: Bearish

POL (ex-MATIC) appears to have a bearish movement. On June 7, the coin’s value started to drop, and on August 5, it dropped as low as $0.39. After the contestants’ match, something happened at the $1.27 mark. Even with the three-week cost reduction, $0.39 is still needed. More market losses are being avoided by customers. The first level allotted was occupied by bulls. As the currency attempted to test the $0.43 resistance level, sellers gain more pressure and the price reduced. The target, the previous high level of $0.43, was now being opposed by bears. Its value currently is $0.30.

POL (ex-MATIC) May Experience a Bullish Reversal at <img fetchpriority=.30 Level" width="580" height="259" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/10/Daily-65-1024x458.png"/>

When POL is trading below the Hull Suite crypto signals indicator, bears are in control of the market. After breaking through the $0.30 barrier, POL (ex-MATIC) might be able to move on to the $0.25 and $0.20 difficulty levels. If buyers can get some momentum, the market may be able to break above the $0.35 resistance level and expose itself to the $0.43 and $0.47 levels.

POL (ex-MATIC) -term Trend: Bearish

A POL’s four-hour declination is shown. The price action that occurred last week around the $0.35 level resulted in the formation of a modest bearish engulfing candle pattern on the 4-hour time frame. The upward trend reversed. Bulls lost the market to bears. Despite buyers’ resistance, the trend is testing $0.30, which may indicate the end of the negative period.

POL (ex-MATIC) May Experience a Bullish Reversal at <img decoding=.30 Level" width="580" height="259" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/10/4-hours-75-1024x458.png"/> Given that Hull Suite is currently less expensive than POL (ex-MATIC), a premium price seems fair. When there is a chance of contract fulfillment, the QQE MOD indicator may be higher than zero.

Start using a world-class auto trading solution

You can purchase Lucky Block here.  Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News