POL (ex-MATIC) May Surpass $0.440 Resistance Level

Bulls are in control of the market

POL (ex-MATIC) Price Analysis – 11 November

POL (ex-MATIC) may be able to advance to the $0.43 and $0.47 difficulty levels after overcoming the $0.35 barrier. The market might be able to break below the $0.30 support level and expose itself to the $0.25 and $0.4720 levels if sellers can get some momentum

Key Levels:

Resistance levels: $0.440, $0.499, $0.589

Support levels: $0.349, $0.284, $0.250

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

POL’s (ex-MATIC) movement appears to be bullish. 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. Consumers are avoiding further losses in the market. The first level designated was occupied by bulls. The currency attempted to test the $0.30 support level, but the price bounced as buyers applied more pressure. The target, the previous low level of $0.30, was now being opposed by bulls. It is currently worth $0.440.

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When POL is trading above the Hull Suite crypto signals indicator, bulls are in control of the market. After breaking through the $0.440 barrier, POL (ex-MATIC) might be able to move on to the $0.449 and $0.589 difficulty levels. If sellers can gain some traction, the market may be able to break below the $0.349 support level and expose itself to the $0.284 and $0.250 levels.

POL (ex-MATIC) -term Trend: Bullish

A POL’s four-hour inclination is shown. The price action that occurred last week around the $0.35 level resulted in the formation of a modest bullish engulfing candle pattern on the 4-hour time frame. The decreasing trend turned back. Bears lost the market to bulls. Despite sellers’ resistance, the trend is testing $0.440, which may indicate that the positive phase is commencing.

.440 Resistance Level" width="580" height="259" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/4-hours-25-1024x458.png"/> Given that Hull Suite is currently less expensive than POL (ex-MATIC), a premium price seems fair. When contract fulfillment is possible, the QQE MOD indication is higher than zero.

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